1000 Australian dollar = 872.6003 yuan. The Macao pataca is the legal tender of People's Republic of China (PRC) and the Macao Special Administrative Region of China. Monetary policy in Macao is managed by the Macao Monetary Authority. At present, the currency in circulation in Macao is 1999. The denomination of banknotes is 1000 yuan, 500 yuan, 100 yuan, 50 yuan, 20 yuan, 10 yuan, and the denomination of coins is 10 yuan, 5 yuan, 2 yuan, 1 yuan, 5 million yuan, 2 million yuan,/. According to the bank exchange rate, 1 RMB = 1. 146 Australian dollars, 1 Australian dollars = 0.87 16 RMB. MOP (mop; Australian dollar Macao; Currency code: MOP; Currency symbol: MOP) is the legal tender of People's Republic of China (PRC) and the Macao Special Administrative Region of China. Monetary policy in Macao is managed by the Macao Monetary Authority. The Portuguese name of Macao coin "MOP" comes from the silver dollar (Portuguese: MOP Mexican dollar) widely used in Asia, and 1 MOP can be divided into 100 cent. The first batch of MOP was issued on 1905, with a total amount of 9,000 yuan. Macao currency is usually called "Portuguese currency" by Macao people and Hong Kong people. Many people think that "Portuguese currency" is an inappropriate title for Macao currency, that it is colonial, and that the word "Portuguese currency" is short for "Portuguese currency". This is a wrong understanding. In fact, "Portuguese currency" is the transliteration abbreviation of the English word "Macao dollar" in Macao. This has nothing to do with the currency used by Portugal (escudo used it before Portugal joined the euro zone), and it has nothing to do with Macao before and after the handover. The Macao pataca is a unique monetary unit of the Macao pataca, which is not widely used in the US dollar and other fields. Before 1966, the monetary unit of Macao was the pound, which was later changed to the Macao pataca. As the legal tender of Macao, the Macao pataca has a history of more than a century. As early as 1905, the Macao government granted the exclusive right to issue Macao currency notes to Atlantic Bank. 191065438+1October 27th, the first batch of MOP banknotes was issued. 1 mops equals 100 integral. The currency in circulation in Macao was issued on 1999. The denomination of banknotes is 1000 yuan, 500 yuan, 100 yuan, 50 yuan, 20 yuan, 10 yuan, and the denomination of coins is 10 yuan, 5 yuan, 2 yuan, 1 yuan, 5 million yuan, 2 million yuan,/. At present, Australian dollar banknotes are issued by Atlantic Bank and China Bank Macau Branch authorized by Macao Monetary Authority, and coins are issued by Macao Monetary Authority. 1980, the Macao government established the "Macao Issuer" to issue Macao patacas. Since then, Atlantic Bank has continued to issue paper money, but only as an agent for Macao issuers. On July 1989 and 1, the Macao Currency Exchange Regulatory Authority was established, and the government took back the right to issue Macao currency, but Banco Atlantique remained the note-issuing bank in Macao. 19951June16th, when the Macao government renewed its contract with Atlantic Bank, it designated Bank of China (Macau Branch) as the second note-issuing bank. Since then, Macao's note-issuing banks have changed from one to two.