Historic Macedonian Denar Pakistani rupee

Macedonian Denar pakistani rupee history for January 2024. The highest quote for this month is 5.0378 (02/01/2024) and the lowest 5.0595 (11/01/2024). The difference between high and low is -0.43.

MKD PKR average rate for January 2024 is 4.99597, the change between 01/01/2024 and 31/01/2024 is +1.3 %.

01 January 20241 MKD = 5.01 PKR
02 January 20241 MKD = 5.01 PKR
03 January 20241 MKD = 5.04 PKR
04 January 20241 MKD = 5.03 PKR
05 January 20241 MKD = 5.04 PKR
06 January 20241 MKD = 5.03 PKR
07 January 20241 MKD = 5.03 PKR
08 January 20241 MKD = 4.988 PKR
09 January 20241 MKD = 5.04 PKR
10 January 20241 MKD = 5.01 PKR
11 January 20241 MKD = 5.05 PKR
12 January 20241 MKD = 5.03 PKR
14 January 20241 MKD = 5.02 PKR
15 January 20241 MKD = 4.944 PKR
16 January 20241 MKD = 4.992 PKR
17 January 20241 MKD = 4.973 PKR
18 January 20241 MKD = 4.969 PKR
19 January 20241 MKD = 4.974 PKR
22 January 20241 MKD = 5.01 PKR
23 January 20241 MKD = 4.975 PKR
24 January 20241 MKD = 4.960 PKR
25 January 20241 MKD = 4.982 PKR
26 January 20241 MKD = 4.959 PKR
28 January 20241 MKD = 4.946 PKR
29 January 20241 MKD = 4.988 PKR
30 January 20241 MKD = 4.944 PKR
31 January 20241 MKD = 4.946 PKR

01/07/2020: Euro as legal tender

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

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

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.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

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.

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.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.
MKD PKR July 2023
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