Currency
The Pataca (MOP$) is divided into 100 avos and it is Macau's official currency. There are banknotes and coins in the following denominations:
- Coins: 10, 20 and 50 avos; 1, 2 and 5 Patacas.
- Banknotes: 10, 20, 50, 100, 500 and 1000 Patacas.
By the decision of the Government the Pataca is linked to the Hong Kong dollar (HK$). The exchange rate is MOP$103.20 = HK$100.00. There is an acceptable variation up to 10%. Roughly 10 Patacas is equivalent to 1 EURO and 8 Patacas is equivalent to 1 US Dollar.
Foreign currency or travellers' cheques can be changed in hotels, banks, and authorised exchange dealers located all around the city. If the visitor needs to change money outside the usual banking hours, there are 24 hours exchange counters operating in the Macau International Airport (Taipa Island) and in the Lisboa Hotel (Macau). Banks open normally from 9 a.m. to 5 p.m.. Most credit cards are accepted in many hotels, shops and restaurants.
There are no restrictions on the amount of currency, which can be brought in or taken out of the territory.
Note: The above description is copied from http://www.gov.mo