Historic Macedonian Denar Kuwaiti Dinar

Macedonian Denar kuwaiti dinar history for November 2023. The highest quote for this month is 0.005542 (24/11/2023) and the lowest 0.005578 (29/11/2023). The difference between high and low is -0.65.

MKD KWD average rate for November 2023 is 0.00545, the change between 01/11/2023 and 30/11/2023 is -3.43 %.

01 November 20231 MKD = 0.0053 KWD
02 November 20231 MKD = 0.0053 KWD
03 November 20231 MKD = 0.0054 KWD
06 November 20231 MKD = 0.0054 KWD
07 November 20231 MKD = 0.0054 KWD
08 November 20231 MKD = 0.0054 KWD
09 November 20231 MKD = 0.0054 KWD
10 November 20231 MKD = 0.0054 KWD
12 November 20231 MKD = 0.0054 KWD
13 November 20231 MKD = 0.0055 KWD
14 November 20231 MKD = 0.0054 KWD
15 November 20231 MKD = 0.0055 KWD
16 November 20231 MKD = 0.0055 KWD
17 November 20231 MKD = 0.0055 KWD
20 November 20231 MKD = 0.0055 KWD
21 November 20231 MKD = 0.0055 KWD
22 November 20231 MKD = 0.0055 KWD
23 November 20231 MKD = 0.0055 KWD
24 November 20231 MKD = 0.0055 KWD
26 November 20231 MKD = 0.0055 KWD
27 November 20231 MKD = 0.0056 KWD
28 November 20231 MKD = 0.0055 KWD
29 November 20231 MKD = 0.0055 KWD
30 November 20231 MKD = 0.0055 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

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.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.