How Employers Can Transfer Salaries to FDW Families in Indonesia
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The Macau Pataca (MOP) is the official currency of Macau, a Special Administrative Region (SAR) of China. It is issued by the Monetary Authority of Macau and is pegged to the Hong Kong Dollar (HKD) at a rate of 1.03 MOP per 1 HKD, making the two currencies interchangeable within Macau. The name "pataca" comes from the Portuguese word for "peso," reflecting Macau's colonial past under Portuguese rule. Despite the pataca being the official currency, Hong Kong Dollars are widely accepted in Macau at a 1:1 rate in many establishments. The currency is further subdivided into 100 avos, with banknotes issued in various denominations ranging from 10 to 1,000 MOP.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.