2 thoughts on “Is it mop or RMB to buy gold in Macao”
Lee
Hong Kong dollars in Macao, Macao dollar is legal tender, but in hotels, casinos, real estate transactions, precious metal transactions and other occasions, Hong Kong dollar is a more common currency because mop follows HKD closely, the exchange rate is the same, and the market of HKD is larger than that of mop, it is more convenient to use HKD when large transactions are involved there are exchange rate fluctuations between RMB, Hong Kong dollar and Macao dollar. Sometimes it is cost-effective and sometimes it is lost. Therefore, it is more convenient to buy gold and other bulk commodities in Macao in Hong Kong dollar than in RMB.
Of course, the mainstream currency in Macao is Macao pataca, but more people use Hong Kong pataca. But now in Macao, Hong Kong pataca, Renminbi and US dollar are all universal and can be circulated.
Hong Kong dollars
in Macao, Macao dollar is legal tender, but in hotels, casinos, real estate transactions, precious metal transactions and other occasions, Hong Kong dollar is a more common currency
because mop follows HKD closely, the exchange rate is the same, and the market of HKD is larger than that of mop, it is more convenient to use HKD when large transactions are involved
there are exchange rate fluctuations between RMB, Hong Kong dollar and Macao dollar. Sometimes it is cost-effective and sometimes it is lost. Therefore, it is more convenient to buy gold and other bulk commodities in Macao in Hong Kong dollar than in RMB.
Of course, the mainstream currency in Macao is Macao pataca, but more people use Hong Kong pataca. But now in Macao, Hong Kong pataca, Renminbi and US dollar are all universal and can be circulated.