Convert Macanese Pataca to Argentine Peso
Please provide values below to convert Macanese Pataca [MOP] to Argentine Peso [ARS], or Convert Argentine Peso to Macanese Pataca.
How to Convert Macanese Pataca to Argentine Peso
1 MOP = 0.00638587235521296 ARS
Example: convert 15 MOP to ARS:
15 MOP = 15 × 0.00638587235521296 ARS = 0.0957880853281945 ARS
Macanese Pataca to Argentine Peso 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.