Historic Macedonian Denar Malaysian ringgit

Macedonian Denar malaysian ringgit history for January 2024. The highest quote for this month is 0.084131 (23/01/2024) and the lowest 0.085045 (25/01/2024). The difference between high and low is -1.09.

MKD MYR average rate for January 2024 is 0.08352, the change between 01/01/2024 and 31/01/2024 is -0.93 %.

01 January 20241 MKD = 0.0830 MYR
02 January 20241 MKD = 0.0830 MYR
03 January 20241 MKD = 0.0824 MYR
04 January 20241 MKD = 0.0822 MYR
05 January 20241 MKD = 0.0831 MYR
06 January 20241 MKD = 0.0832 MYR
07 January 20241 MKD = 0.0830 MYR
08 January 20241 MKD = 0.0841 MYR
09 January 20241 MKD = 0.0834 MYR
10 January 20241 MKD = 0.0831 MYR
11 January 20241 MKD = 0.0834 MYR
12 January 20241 MKD = 0.0835 MYR
14 January 20241 MKD = 0.0831 MYR
15 January 20241 MKD = 0.0834 MYR
16 January 20241 MKD = 0.0837 MYR
17 January 20241 MKD = 0.0827 MYR
18 January 20241 MKD = 0.0839 MYR
19 January 20241 MKD = 0.0840 MYR
22 January 20241 MKD = 0.0848 MYR
23 January 20241 MKD = 0.0842 MYR
24 January 20241 MKD = 0.0838 MYR
25 January 20241 MKD = 0.0842 MYR
26 January 20241 MKD = 0.0840 MYR
28 January 20241 MKD = 0.0836 MYR
29 January 20241 MKD = 0.0847 MYR
30 January 20241 MKD = 0.0838 MYR
31 January 20241 MKD = 0.0838 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.
MKD MYR December 2023
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