Macedonian Denar tongan paʻanga exchange rate history (MKD TOP) October 2023

Macedonian Denar tongan paʻanga history for October 2023. The highest quote for this month is 0.041828 (31/10/2023) and the lowest 0.041618 (31/10/2023). The difference between high and low is 0.5.

MKD TOP average rate for October 2023 is 0.04108, the change between 01/10/2023 and 31/10/2023 is -2.64 %.

01 October 2023	1 MKD = 0.0408 TOP
03 October 2023	1 MKD = 0.0408 TOP
04 October 2023	1 MKD = 0.0407 TOP
06 October 2023	1 MKD = 0.0410 TOP
07 October 2023	1 MKD = 0.0410 TOP
09 October 2023	1 MKD = 0.0415 TOP
10 October 2023	1 MKD = 0.0409 TOP
11 October 2023	1 MKD = 0.0409 TOP
13 October 2023	1 MKD = 0.0408 TOP
16 October 2023	1 MKD = 0.0407 TOP
17 October 2023	1 MKD = 0.0409 TOP
18 October 2023	1 MKD = 0.0410 TOP
19 October 2023	1 MKD = 0.0410 TOP
20 October 2023	1 MKD = 0.0411 TOP
21 October 2023	1 MKD = 0.0409 TOP
22 October 2023	1 MKD = 0.0410 TOP
23 October 2023	1 MKD = 0.0412 TOP
24 October 2023	1 MKD = 0.0412 TOP
25 October 2023	1 MKD = 0.0413 TOP
26 October 2023	1 MKD = 0.0415 TOP
27 October 2023	1 MKD = 0.0414 TOP
28 October 2023	1 MKD = 0.0412 TOP
29 October 2023	1 MKD = 0.0412 TOP
30 October 2023	1 MKD = 0.0411 TOP
31 October 2023	1 MKD = 0.0419 TOP

01/07/2020: Euro as legal tender

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

01/04/2020: 50th Anniversary of the Paʻanga

Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its national currency.

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.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

16/11/2006: Riot and Currency Crisis

Civil unrest and riots erupted in Tonga, leading to a currency crisis and a temporary suspension of trading the paʻanga.

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.

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.

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

04/06/1975: Independence of Tonga

Tonga gained full independence from the United Kingdom, further solidifying the status of the paʻanga as its national currency.

01/04/1967: Introduction of the Paʻanga

The Tongan paʻanga was introduced as the official currency, replacing the pound at a rate of 1 pound = 2 paʻanga.

Historic Macedonian Denar Tongan paʻanga