Macedonian Denar rwandan franc exchange rate history (MKD RWF) August 2023

Macedonian Denar rwandan franc history for August 2023. The highest quote for this month is 21.292 (17/08/2023) and the lowest 21.207 (10/08/2023). The difference between high and low is 0.4.

MKD RWF average rate for August 2023 is 20.92292, the change between 01/08/2023 and 31/08/2023 is -0.51 %.

01 August 2023	1 MKD = 20.96 RWF
02 August 2023	1 MKD = 21.01 RWF
03 August 2023	1 MKD = 20.82 RWF
04 August 2023	1 MKD = 20.86 RWF
07 August 2023	1 MKD = 21.01 RWF
08 August 2023	1 MKD = 20.90 RWF
09 August 2023	1 MKD = 20.89 RWF
10 August 2023	1 MKD = 20.91 RWF
11 August 2023	1 MKD = 20.93 RWF
12 August 2023	1 MKD = 20.94 RWF
14 August 2023	1 MKD = 21.15 RWF
15 August 2023	1 MKD = 20.90 RWF
16 August 2023	1 MKD = 20.91 RWF
17 August 2023	1 MKD = 20.85 RWF
18 August 2023	1 MKD = 20.89 RWF
19 August 2023	1 MKD = 20.86 RWF
20 August 2023	1 MKD = 20.86 RWF
21 August 2023	1 MKD = 20.96 RWF
22 August 2023	1 MKD = 20.99 RWF
23 August 2023	1 MKD = 20.89 RWF
24 August 2023	1 MKD = 20.93 RWF
25 August 2023	1 MKD = 20.83 RWF
28 August 2023	1 MKD = 20.94 RWF
29 August 2023	1 MKD = 20.81 RWF
30 August 2023	1 MKD = 20.95 RWF
31 August 2023	1 MKD = 21.07 RWF

01/07/2020: Euro as legal tender

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

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

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.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

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.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

Historic Macedonian Denar Rwandan franc