Pound Sterling to Macau Pataca — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

The Macau pataca (MOP$) is the official currency circulated only within one district of China, a city with a Portuguese history, Macau. On the international currency market, the Macau currency is abbreviated to MOP. The Macau pataca is subdivided into avos.

One MOP has 100 avos. The currency has been issued in 1894. It has replaced its predecessor – the Portuguese real. The autonomous city of Macau is the center of the gambling business in China, it is the only territory where casinos are legal. The city has its own currencies, and its own law.