What is the exchange rate of RMB to Portuguese currency?

The Macau patacas is often commonly known as the "Portuguese dollar" among the people in Macau and Hong Kong. The exchange rate of the Portuguese currency to the RMB is 1 Macau patacas = 0.8068 RMB, so 1 RMB ≈ 1.2394 Macau patacas.

1. What currency is used in Macau?

The currency used in Macau is the Macau patacas. But in fact, in Macau, people will accept RMB, Hong Kong dollars and Portuguese currency, and Portuguese currency is the most cost-effective. The shopkeeper who gives change will give you Hong Kong dollars, usually Portuguese dollars directly. If you receive RMB, you will usually find RMB in change. Basically, all banks in the mainland can exchange money, but it is troublesome to make an appointment with a bank in advance for exchange. If necessary, you can make an appointment with the four major banks or China Merchants Bank by phone. There is an exchange office in the Venetian, or you can go directly to the ATM to get Portuguese coins. Mainland UnionPay cards can be used and will be converted directly according to the exchange rate of the day.

2. Common sense you need to know when going shopping in Macau

Macau is very small. If you want to buy something, you only need to go to Xinma Road, Venice, Macau, Four Seasons, New Yaohan and Plaza One. There is no difference between other places. If you want to buy ordinary daily necessities, cosmetics, clothes, glasses, snacks and digital products in Macau. Xinma Road can meet all your needs, emphasizing high quality and low price, but it also has the disadvantage of an average environment; if you want to buy high-end cosmetics, luxury brands, or You need good packaging when giving it away. You can choose one from the Venetian in Macau or New Yaohan. The advantage is that the shopping environment is good, but the disadvantage is that there are few discounts. If you want to buy big brands like Hermès, LV, Gucci, Channel, and Coach, you can only choose Four Seasons or Plaza One. The advantage is that the environment is very good, the service is of course very good, and there are many top luxury houses and big names gathered here. Apart from the high price, there are no other drawbacks.

To sum up, it is recommended that people who plan to travel to Macau bring a small amount of RMB. They can exchange for some ordinary currency near the Zhuhai Customs Port, or there are many currency exchange shops near Xinma Road in Macau. Shopping malls and other consumer places generally UnionPay cards can be swiped (settlement is based on the real-time RMB exchange rate, which is more convenient and more favorable than exchanging cash).