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Country Guide > East Asia > China > Macau


Money

Currency
Pataca (MOP) = 100 avos. Notes are in denominations of MOP1000, 500, 100, 50, 20 and 10. Coins are in denominations of MOP10, 5, 2 and 1, and 50, 20 and 10 avos. Hong Kong dollars are widely accepted.
Note: The Pataca is loosely pegged to the Hong Kong Dollar.


Currency exchange
Foreign currency may be exchanged at hotels, banks and licensed bureaux de change. Numerous ATMs are available for cash withdrawal by credit card.

Credit & debit cards
MasterCard and Visa are accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques
These may be exchanged at banks, bureaux de change and at many hotels. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars, Pounds Sterling or Euros.

Currency restrictions
There are no restrictions on the import or export of either local or foreign currency.

Exchange rate indicators
The following figures are included as a guide to the movements of the Pataca against Sterling and the US Dollar:
DateMay '04Aug '04Nov '04Feb '05
£1.00=14.3514.7914.8015.70
$1.00=8.038.038.038.34


Banking hours
Mon-Fri 0900-1700, Sat 0900-1200.


   
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