The Pataca is the official currency of Macau, a Special Administrative Region of China. It is abbreviated as MOP and is subdivided into 100 avos. The Pataca is issued by the Monetary Authority of Macao and is used primarily for everyday transactions within the region. The currency symbol for the Pataca is often represented as MOP$ or simply P. The Pataca is pegged to the Hong Kong Dollar, which helps maintain its stability. While the Pataca is the official currency, the Hong Kong Dollar is also widely accepted in Macau, making it convenient for visitors.