Historic Macedonian Denar Malaysian ringgit

Macedonian Denar malaysian ringgit history for November 2023. The highest quote for this month is 0.084264 (24/11/2023) and the lowest 0.084461 (27/11/2023). The difference between high and low is -0.23.

MKD MYR average rate for November 2023 is 0.08287, the change between 01/11/2023 and 30/11/2023 is -1.75 %.

01 November 20231 MKD = 0.0823 MYR
02 November 20231 MKD = 0.0825 MYR
03 November 20231 MKD = 0.0824 MYR
06 November 20231 MKD = 0.0829 MYR
07 November 20231 MKD = 0.0813 MYR
08 November 20231 MKD = 0.0810 MYR
09 November 20231 MKD = 0.0821 MYR
10 November 20231 MKD = 0.0818 MYR
12 November 20231 MKD = 0.0818 MYR
13 November 20231 MKD = 0.0829 MYR
14 November 20231 MKD = 0.0821 MYR
15 November 20231 MKD = 0.0840 MYR
16 November 20231 MKD = 0.0828 MYR
17 November 20231 MKD = 0.0829 MYR
18 November 20231 MKD = 0.0828 MYR
19 November 20231 MKD = 0.0828 MYR
20 November 20231 MKD = 0.0834 MYR
21 November 20231 MKD = 0.0836 MYR
22 November 20231 MKD = 0.0830 MYR
23 November 20231 MKD = 0.0832 MYR
24 November 20231 MKD = 0.0834 MYR
26 November 20231 MKD = 0.0834 MYR
27 November 20231 MKD = 0.0846 MYR
28 November 20231 MKD = 0.0839 MYR
29 November 20231 MKD = 0.0840 MYR
30 November 20231 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.