Patacas definition

Patacas or “MOP” denotes the lawful currency of the Macau SAR.
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Patacas means the lawful currency of the Macau SAR.
Sample 1

Examples of Patacas in a sentence

  • The committee will consist of three teachers, one guidance counselor, and the principal or an assistant principal.

  • Monetary assets and liabilities denominated in foreign currencies are translated into Macau Patacas at the foreign exchange rates ruling at the balance sheet date.

  • Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated into Macau Patacas using the foreign exchange rates ruling at the transaction dates.

  • A cheque book will be issued to the account holder on opening an account in the currency of Patacas and/or Hong Kong dollars only.

  • These financial statements are presented in Macau Patacas, which is the Bank’s functional currency.

  • The source of supplies and the distance to the job site from these sources should also be considered.

  • Monetary assets and liabilities denominated in foreign currencies are translated into Macau Patacas at the foreign exchange rates ruling at the reporting date.

  • The majority of our revenues are denominated in Hong Kong Dollars, since the Hong Kong Dollar is the predominant currency used in Macau and is often used interchangeably with Macau Patacas, while our expenses are denominated predominantly in Patacas and Hong Kong Dollars.

  • It is exposed to other currency movements, primarily in terms of certain trade receivables or payables and bank deposits denominated in United States dollars, Macau Patacas, Renminbi, Euros and British pounds.

  • Cheques should be drawn in the currency of the account for Patacas and/or Hong Kong dollars only, that is, Patacas or Hong Kong dollars (as the case may be).

Related to Patacas

  • Swiss Francs means the lawful currency of Switzerland.

  • Swiss Franc means the lawful currency of Switzerland.

  • HKD means Hong Kong dollars.

  • Ringgit Malaysia “RM” The lawful currency of Malaysia.

  • Rupiah or "Rp" means the currency of the Borrower;

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • Rupees Rs.", “” shall mean Indian rupees, the lawful currency of India;

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.

  • Mexican Pesos means the lawful currency of Mexico.

  • Hong Kong Dollars means the lawful currency of Hong Kong.

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • Singapore Dollars means the lawful currency of Singapore.

  • Hong Kong Dollar means the lawful currency of Hong Kong.

  • crore means "ten million" and a "lakh" means a "hundred thousand".

  • Japanese Yen means the lawful currency of Japan.

  • KRW means Korean Won, the lawful currency of South Korea;

  • DKK means Danish Krone, the lawful currency of Denmark.

  • Principal Financial Centre means, in relation to any currency, the principal financial centre for that currency provided, however, that:

  • HKFE means the Hong Kong Futures Exchange Limited.

  • JPY means the lawful currency of Japan.

  • Euro-zone means the region comprised of member states of the European Union that adopt the single currency in accordance with the Treaty establishing the European Community, as amended.

  • British Pounds Sterling means the lawful currency of Great Britain.

  • lakh means a hundred thousand (100,000) and “crore” means ten million (10,000,000);

  • Renminbi or “RMB” means the lawful currency of the PRC.

  • NOK means Norwegian kroner, being the lawful currency of Norway.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.