The name pataca is a Portuguese word which was applied to the Mexican dollars that were the main circulating coin in the wider region in the second half of the 19th century. |
Gambling in Macau is often set in HKD instead of the local Pataca, and businesses that cater to visitors accept Hong Kong Dollars. |
The 500 million pataca casino, owned by a consortium headed by K Wah Group, opened a month ago. |
The official monetary currency of Macau is the Pataca which is divided into 100 avos. |
In 1894, the pataca was introduced in both Macau and Portuguese Timor as a unit of account for the Mexican dollar and the other silver dollar coins in circulation. |
However, the pataca was not the official currency when it was first enacted. |