Traditional Culture Encyclopedia - Tourist attractions - Do I need to exchange Macau Pataca when traveling to Macau?

Do I need to exchange Macau Pataca when traveling to Macau?

Requires redemption.

Macau will accept RMB and everyone likes to accept RMB, but at a one-to-one ratio. The price of RMB to Portuguese currency is 100 RMB for more than 120 Portuguese dollars. Exchanging 1,000 RMB for Portuguese dollars in Macau is more than 1,200; if you don't exchange, you will directly lose more than 200. There are many places to exchange foreign currency for Macau Pataca, such as the following places:

1. Many banks in Macau can exchange Macau Pataca.

2. The MoneyExchange exchange rate at Macau Airport is the worst.

3. There are places to exchange Macau patacas in hotels or casinos.

It is recommended to exchange it at the bank first, which is more suitable. Although it is convenient to exchange in Macau, it is not cost-effective.

Extended information:

In the 15 years since October 16, 1995, the Macau Branch of the Bank of China and the Macau Atlantic Bank*** will issue banknotes at the same time, with the respective quotas of banknotes issued. Both are 50%. The total face value of the new Macau pataca banknotes issued by the Bank of China is 2.4875 billion yuan. After the contract expires, the contract can be amended, renewed or a new contract signed in accordance with the spirit of the Sino-Portuguese Joint Statement.

As the legal currency of Macau, Macau Pataca has six banknote denominations: 10 yuan, 20 yuan, 50 yuan, 100 yuan, 500 yuan and 1,000 yuan; coins are divided into 1 cent, 2 cent and 5 cent. , 1 yuan, 2 yuan, 5 yuan, 10 yuan*** seven types.

Baidu Encyclopedia - Macau

Baidu Encyclopedia - Macau Pataca