Historic Macedonian Denar Malaysian ringgit

Macedonian Denar malaysian ringgit history for August 2023. The highest quote for this month is 0.083425 (15/08/2023) and the lowest 0.083663 (22/08/2023). The difference between high and low is -0.29.

MKD MYR average rate for August 2023 is 0.08233, the change between 01/08/2023 and 31/08/2023 is -1.76 %.

01 August 20231 MKD = 0.0814 MYR
02 August 20231 MKD = 0.0814 MYR
03 August 20231 MKD = 0.0815 MYR
04 August 20231 MKD = 0.0813 MYR
07 August 20231 MKD = 0.0827 MYR
08 August 20231 MKD = 0.0821 MYR
09 August 20231 MKD = 0.0822 MYR
10 August 20231 MKD = 0.0820 MYR
11 August 20231 MKD = 0.0820 MYR
12 August 20231 MKD = 0.0819 MYR
14 August 20231 MKD = 0.0828 MYR
15 August 20231 MKD = 0.0823 MYR
16 August 20231 MKD = 0.0826 MYR
17 August 20231 MKD = 0.0823 MYR
18 August 20231 MKD = 0.0827 MYR
19 August 20231 MKD = 0.0824 MYR
20 August 20231 MKD = 0.0824 MYR
21 August 20231 MKD = 0.0835 MYR
22 August 20231 MKD = 0.0829 MYR
23 August 20231 MKD = 0.0825 MYR
24 August 20231 MKD = 0.0827 MYR
25 August 20231 MKD = 0.0821 MYR
28 August 20231 MKD = 0.0827 MYR
29 August 20231 MKD = 0.0825 MYR
30 August 20231 MKD = 0.0826 MYR
31 August 20231 MKD = 0.0828 MYR

01/07/2020: Euro as legal tender

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

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.