PTC virtual currency

1. Macao dollars (Macao dollars; PatacadeMacau Currency code: mop; Currency symbol: mop $), is the legal tender of Macao Special Administrative Region of the people's Republic of China. Macao's monetary policy is governed by the Macao monetary authority. One Macao dollar can be divided into 100 cents (avos). Pataca, the Portuguese name of the Macao dollar, originated from pataca mexicana, the silver dollar widely used in Asia
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press

2. Guo Jia is preparing to make his own electronic virtual currency. He has already started to kill all kinds of electronic currency, declaring that you are illegal, fund-raising, fraud and so on. Do you still want to make electronic currency? Your mind is dangerous, young man

3. 0.011396 RMB, counterfeit currency, don't touch it

4. This is the abbreviation of Macao dollar

5. Yes, pataca, abbreviated as PTC.

according to ISO 4217, pataca is officially abbreviated as mop (Macau pataca), which is often abbreviated as "mop $", but the correct abbreviation is PTS.

6. Macao's legal tender is Macau pataca (mop or PTC for short)
Hong Kong dollar is also commonly used in Macao, but it is not Macao's legal tender. Shops generally refuse 10 yuan coins and 1000 yuan banknotes of Hong Kong dollar.
the degree of circulation of RMB in Macao is lower than that of Hong Kong dollar, but shops in tourist areas generally charge it, but it will be calculated according to a certain exchange rate

7. The abbreviations of Macao currency are mop and PTC
mop is the common abbreviation of Macao currency and the abbreviation of Macao pataca
PTC is the correct abbreviation of Macao currency and the abbreviation of pataca in Macau pataca

8. The Macao dollar, or Macao dollar, is the legal currency in circulation in the Macao Special Administrative Region of the people's Republic of China. It is often expressed by the abbreviation mop $, but the correct abbreviation is PTS
Macao is in Macao dollars and Hong Kong dollars
because of the exchange rate, the direct use of Hong Kong dollar will suffer losses, and the use of RMB will suffer even more!

9. The medium level is neither high nor low

10.

The currency of Macao is Macao currency

Macao dollar (Macao dollar; Macao dollar; Macao dollar); Pataca de Macau Currency code: mop; Currency symbol: mop $), is the legal tender of Macao Special Administrative Region of the people's Republic of China. Macao's monetary policy is governed by the Macao monetary authority. One Macao dollar can be divided into 100 cents (avos). Pataca, the Portuguese name of the Macao dollar, originated from the silver dollar "eight reals of Mexico", which was widely used in Asia

in the folk of Macao and Hong Kong, the Macao dollar is often commonly known as the "Portuguese dollar". Many people think that the "Portuguese dollar" is an inappropriate name for the Macao dollar, that the name has colonial color, and that the word "Portuguese dollar" is the abbreviation of "Portuguese dollar". This is a wrong understanding. In fact, "Portuguese currency" is the transliteration abbreviation of pataca. This has nothing to do with the currency used by Portugal (Portugal used Escudo before joining the euro area), and even less with Macao before and after its return to China. Pataca is the unique monetary unit of Macao dollar, which is not widely used in the same areas as dollar

extended data

the currencies used in Macao in the past were Chinese silver and copper. During the Ming Dynasty in 1553, the Portuguese colonialists, relying on the power of their leading ships in the world, continued to March eastward and westward to expand their territory, and soon occupied Macao, the bridgehead coveting China. After that, for a long time, Macao, a small fishing village, began to make noise. Colonists, adventurers, businessmen, prostitutes and gamblers came here one after another, and all kinds of transactions became prosperous. The currency in circulation was various, and the early currency in circulation was the Mexican Eagle ocean. After that, many kinds of money were in circulation at the same time, but mainly Chinese silver ingots and silver dollars, as well as silver coins and silver coins, followed by foreign silver dollars

The Portuguese colonialists planned to occupy Macao permanently from the first day when they bribed the officials of Ming Dynasty. It was under the guidance of this strategic attempt that they soon realized that issuing currency was a symbol of sovereignty, and they wanted to start with abolishing Chinese currency and control Macao's economy in an all-round way. In 1887, Macao became a Portuguese colony. Since 1901, the Portuguese government began to change the situation of the circulation of Chinese silver in Macao. On September 4, 1905, the Portuguese government authorized its national bank, Atlantic bank, to issue Macao dollar banknotes in Macao

The issuance of Macao dollar is supported by 100% foreign exchange reserves. The note issuing bank must deliver the equivalent Hong Kong dollar to Macao monetary authority at the fixed exchange rate of one Hong Kong dollar to one point and three Macao dollars in exchange for the certificate of non interest bearing liabilities as the legal reserve for note issuing. With 100% reserve support, the Macao monetary authority guarantees the full convertibility of the Macao dollar against the reserve currency (Hong Kong dollar), and the linked exchange rate between the Macao dollar and the Hong Kong dollar is thus established. Since the Hong Kong dollar is linked to the US dollar, the Macao dollar is also indirectly linked to the US dollar. The exchange rate is about one US dollar to eight Macao dollars

reference materials source : Internet - Macao dollar