MACAU

(MOP) Currency News >>

CURRENCY:

Pataca - MOP, Symbol MOP$

DENOMINATIONS:

NOTE: MOP$1,000, 500, 100, 50, 20 and 10.

COIN: MOP$10, 5, 2 and 1, and 50, 20 and 10 avos.

Note: the Pataca is pegged to the Hong Kong Dollar.

US DOLLAR ACCEPTED?

N/A

CREDIT/DEBIT CARDS AND ATMS:

The two credit cards accepted here are Visa and MasterCard. There are ATM machines available.

CURRENCY EXCHANGE:

Currency exchange services are available at banks, bureaux de change and hotels as well as services at the airport.

TRAVELLER'S CHEQUES:

These can be exchanged and are best in US dollars, Sterling or Euros.

BANKING HOURS:

Mon-Fri 0900-1700, Most banks open on Saturday mornings.

CURRENCY RESTRICTIONS:

No restrictions for tourists.

COUNTRY OVERVIEW:

Macau or Macao is officially called the Macau Special Administrative Region and is one of the two administrative regions of the People's Republic of China - the other one is Hong Kong. It was the first colony of Europe within China. The official languages are Chinese and Portuguese.

POPULATION:

Around 550,000

ECONOMY:

Macau has a healthy economy based mainly on tourism. Gambling is a huge element of the economy, coming mostly from the tourism industry. Other sectors are banking and garment and textile export. Macau has the world's largest casino. There are no foreign exchange control regimes in Macau and it is a tax haven.