The pataca (Chinese: 澳門圓; ISO 4217 code: MOP) is the currency of Macau. It is subdivided into 100 avos (Cantonese: 仙; sin), with 10 avos called ho (毫) in Cantonese. The abbreviation MOP$ is commonly used.
Macau has a currency board system under which the legal tender, Macau pataca (or Macao pataca), is 100 percent backed by foreign exchange reserves, in this case currently the Hong Kong dollar. Moreover, the currency board, Monetary Authority of ...
More
Read article at Wikipedia
Macanese pataca
Similar topics in Freebase
-
Hong Kong dollar
The Hong Kong dollar (sign: $; code: HKD; also abbreviated HK$) is the currency of Hong Kong. It is the eighth most traded currency in the world. The Hong Kong dollar is subdivided into 100 cents. In formal Cantonese, the 圓 character is used. In spoken Cantonese, 蚊 is used, perhaps a... -
Renminbi
The Renminbi (RMB, sign: ¥; code: CNY; also CN¥, 元 and CN元) is the official currency of China (People's Republic of China). Renminbi is legal tender in mainland China, but not in Hong Kong or Macau. It is issued by the People's Bank of China, the monetary authority of China. Its name (simplified...