Historic Iraqi dinar Macedonian Denar

Iraqi dinar macedonian denar history for February 2024. The highest quote for this month is 0.044565 (13/02/2024) and the lowest 0.044399 (15/02/2024). The difference between high and low is 0.37.

IQD MKD average rate for February 2024 is 0.0435, the change between 01/02/2024 and 29/02/2024 is -1.98 %.

01 February 20241 IQD = 0.0432 MKD
02 February 20241 IQD = 0.0430 MKD
03 February 20241 IQD = 0.0434 MKD
04 February 20241 IQD = 0.0434 MKD
05 February 20241 IQD = 0.0434 MKD
06 February 20241 IQD = 0.0443 MKD
07 February 20241 IQD = 0.0435 MKD
08 February 20241 IQD = 0.0434 MKD
09 February 20241 IQD = 0.0434 MKD
12 February 20241 IQD = 0.0439 MKD
13 February 20241 IQD = 0.0434 MKD
14 February 20241 IQD = 0.0437 MKD
15 February 20241 IQD = 0.0435 MKD
16 February 20241 IQD = 0.0434 MKD
17 February 20241 IQD = 0.0436 MKD
18 February 20241 IQD = 0.0436 MKD
19 February 20241 IQD = 0.0443 MKD
20 February 20241 IQD = 0.0443 MKD
21 February 20241 IQD = 0.0429 MKD
22 February 20241 IQD = 0.0432 MKD
23 February 20241 IQD = 0.0432 MKD
24 February 20241 IQD = 0.0434 MKD
25 February 20241 IQD = 0.0434 MKD
26 February 20241 IQD = 0.0437 MKD
27 February 20241 IQD = 0.0431 MKD
28 February 20241 IQD = 0.0431 MKD
29 February 20241 IQD = 0.0441 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

29/04/2003: Replacement of banknotes

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

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.