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Introduction:

The exchange rate between Chinese yuan (CNY) and Macau pataca (MOP) is an important indicator for individuals and businesses conducting cross-border transactions. In this article, we will explore the current exchange rate between the two currencies and provide detailed information on various aspects related to this topic.

1. Macau Pataca (MOP): Unit and Currency Code

The unit of Macau currency is Pataca, and its currency code is MOP. It is essential to note that MOP refers to Macau Pataca, not the Australian dollar as some may mistakenly assume.

2. Latest Exchange Rate: Chinese Yuan (CNY) to Macau Pataca (MOP)

As of March 24, 2023, the latest exchange rate is 1 Macau pataca ≈ 0.8452 Chinese yuan. Conversely, 1 Chinese yuan is approximately equivalent to 1.1832 Macau patacas. This information serves as a reference only, and the actual exchange rate may vary at the time of the transaction, depending on the bank's counter rate.

3. Calculation: Macau Pataca (MOP) to Chinese Yuan (CNY)

To calculate the conversion of Macau pataca to Chinese yuan, the following formula can be used: 100 MOP = 90.8538 CNY (updated on October 26, 2023, at 07:1).

4. Current Exchange Rate: Macau Pataca (MOP) to Chinese Yuan (CNY)

According to the latest exchange rate, as of today, 1 Macau pataca is equivalent to 0.33 Chinese yuan. For instance, if you have 6,999 Macau patacas, you can exchange them for approximately 6,355.5629 Chinese yuan. However, it is important to note that the exchange rate offered at the bank's counter during the transaction will be the prevailing rate.

5. Comparison with other Currencies: Macau Pataca (MOP) to English Pound (GBP)

On November 16, 2023, the exchange rate between Macau pataca and English pound was 1 MOP = 0.10168 GBP. For instance, if a bottle of mineral water costs 1 Macau pataca, it would be equivalent to approximately 0.10168 GBP on November 16, 2023.

6. Comparison with other Currencies: Chinese Yuan (CNY) to Taiwan Dollar (TWD)

The average exchange rate calculation indicates that 1 Taiwan dollar (TWD) is equal to 0.2273 Chinese yuan (CNY). Conversely, 1 Chinese yuan (CNY) is equivalent to 4.3988 Taiwan dollars (TWD). It's important to note that exchange rates may vary based on market conditions and the specific bank's rates.

7. Construction Bank's Foreign Exchange Rates

Construction Bank provides real-time exchange rates for major currencies, including the US dollar, euro, Japanese yen, British pound, Hong Kong dollar, and New Zealand dollar, among others.

Conclusion:

Understanding the exchange rate between Chinese yuan (CNY) and Macau pataca (MOP) is crucial for individuals and businesses involved in cross-border transactions. The exchange rate mentioned above provides a general idea of the current value

however, it's essential to consult with the bank or financial institutions for the prevailing rates during the transaction.