Convert Macanese Pataca to Cayman Islands Dollar
Please provide values below to convert Macanese Pataca [MOP] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Macanese Pataca.
How to Convert Macanese Pataca to Cayman Islands Dollar
1 MOP = 9.70310812432497 KYD
Example: convert 15 MOP to KYD:
15 MOP = 15 × 9.70310812432497 KYD = 145.546621864875 KYD
Macanese Pataca to Cayman Islands Dollar Conversion Table
| Macanese Pataca | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.