Back to Glossary
General TradingM
Macau Patacas (MOP)
The Macau Pataca is the official currency of Macau, abbreviated as MOP in forex markets. It is pegged to the Hong Kong Dollar at a fixed rate and is primarily used in Macau's major gaming and tourism economy.
Example
“A forex trader monitoring Asian currencies might track MOP/USD for opportunities related to Macau's gaming and tourism industry.”