Historic Ethiopian birr Macedonian Denar

Ethiopian birr macedonian denar history for October 2023. The highest quote for this month is 1.0529 (04/10/2023) and the lowest 1.0562 (03/10/2023). The difference between high and low is -0.31.

ETB MKD average rate for October 2023 is 1.04467, the change between 01/10/2023 and 31/10/2023 is -1.28 %.

02 October 20231 ETB = 1.028 MKD
03 October 20231 ETB = 1.057 MKD
04 October 20231 ETB = 1.059 MKD
05 October 20231 ETB = 1.055 MKD
06 October 20231 ETB = 1.046 MKD
09 October 20231 ETB = 1.033 MKD
10 October 20231 ETB = 1.041 MKD
11 October 20231 ETB = 1.043 MKD
12 October 20231 ETB = 1.041 MKD
13 October 20231 ETB = 1.052 MKD
16 October 20231 ETB = 1.047 MKD
17 October 20231 ETB = 1.047 MKD
18 October 20231 ETB = 1.047 MKD
19 October 20231 ETB = 1.045 MKD
20 October 20231 ETB = 1.043 MKD
23 October 20231 ETB = 1.047 MKD
24 October 20231 ETB = 1.039 MKD
25 October 20231 ETB = 1.043 MKD
26 October 20231 ETB = 1.044 MKD
27 October 20231 ETB = 1.043 MKD
30 October 20231 ETB = 1.042 MKD
31 October 20231 ETB = 1.041 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.