Convert Macanese Pataca to South Korean Won
Please provide values below to convert Macanese Pataca [MOP] to South Korean Won [KRW], or Convert South Korean Won to Macanese Pataca.
How to Convert Macanese Pataca to South Korean Won
1 MOP = 0.00584823407286366 KRW
Example: convert 15 MOP to KRW:
15 MOP = 15 × 0.00584823407286366 KRW = 0.0877235110929549 KRW
Macanese Pataca to South Korean Won Conversion Table
| Macanese Pataca | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.