Convert Macanese Pataca to Japanese Yen
Please provide values below to convert Macanese Pataca [MOP] to Japanese Yen [JPY], or Convert Japanese Yen to Macanese Pataca.
How to Convert Macanese Pataca to Japanese Yen
1 MOP = 0.0550673153934586 JPY
Example: convert 15 MOP to JPY:
15 MOP = 15 × 0.0550673153934586 JPY = 0.826009730901879 JPY
Macanese Pataca to Japanese Yen Conversion Table
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.