Historic Macedonian Denar Iraqi dinar

Macedonian Denar iraqi dinar history for December 2023. The highest quote for this month is 23.684 (28/12/2023) and the lowest 23.59 (23/12/2023). The difference between high and low is 0.4.

MKD IQD average rate for December 2023 is 23.21214, the change between 01/12/2023 and 31/12/2023 is -3.68 %.

01 December 20231 MKD = 22.82 IQD
02 December 20231 MKD = 23.19 IQD
03 December 20231 MKD = 23.19 IQD
04 December 20231 MKD = 23.06 IQD
05 December 20231 MKD = 23.17 IQD
06 December 20231 MKD = 23.09 IQD
07 December 20231 MKD = 22.59 IQD
08 December 20231 MKD = 23.11 IQD
10 December 20231 MKD = 23.05 IQD
11 December 20231 MKD = 22.83 IQD
12 December 20231 MKD = 23.07 IQD
13 December 20231 MKD = 22.68 IQD
14 December 20231 MKD = 23.26 IQD
15 December 20231 MKD = 23.51 IQD
16 December 20231 MKD = 23.23 IQD
17 December 20231 MKD = 23.23 IQD
18 December 20231 MKD = 23.21 IQD
19 December 20231 MKD = 22.92 IQD
20 December 20231 MKD = 23.51 IQD
21 December 20231 MKD = 23.41 IQD
22 December 20231 MKD = 23.51 IQD
23 December 20231 MKD = 23.53 IQD
24 December 20231 MKD = 23.53 IQD
25 December 20231 MKD = 23.12 IQD
26 December 20231 MKD = 23.17 IQD
27 December 20231 MKD = 23.56 IQD
28 December 20231 MKD = 23.75 IQD
29 December 20231 MKD = 23.66 IQD

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.
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