MOP

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MOP

The ISO 4217 currency code for the Macau Pataca.

MOP

ISO 4217 code for the Macanese pataca. It was introduced in 1894. Macau is a special administrative region of China; perhaps because of this the pataca is pegged to the Hong Kong dollar using a currency board system. That is, the Monetary Authority of Macau it legally obligated to redeem pataca for the equivalent amount of Hong Kong dollars on demand.
References in periodicals archive ?
The latest grant of the Government of Japan will be used to ensure that sufficient quantities of vaccine are available for mop up campaigns and cold chain maintenance.
The trend, which became worrisome to the Nigeria Police Force, had rently made the Inspector General of Police, Ibrahim Idris, to give the directive that police commands in the country should mop up arms and ammunition that were owned by individuals or acquired by criminals to terrorise innocent citizens within 21 days.
On its two interventions in the new year, the apex bank injected $420 million, $210 million each, and with its spate of financial market liquidity mop ups, the regulator is expected to overshoot $500 million monthly average projection by Coronation Research.