Macanese Pataca to Euro | Bank

The Macanese Pataca (MOP) is the official currency of Macau. It is issued by the Monetary Authority of Macau and is pegged to the Hong Kong dollar. The currency has been in circulation since 1894 and plays a vital role in Macau's economy, particularly in its gaming and tourism sectors.

The Euro (EUR) is the official currency of the Eurozone, which includes 20 of the 27 European Union (EU) member states. It is one of the world's most widely used and traded currencies, managed by the European Central Bank (ECB) and the Eurosystem. The Euro was introduced in 1999 for electronic transactions and officially replaced national currencies in 2002. It is known for its stability and influence in global financial markets.