Historic Malaysian ringgit Macedonian Denar

Malaysian ringgit macedonian denar history for January 2024. The highest quote for this month is 12.134 (02/01/2024) and the lowest 12.058 (02/01/2024). The difference between high and low is 0.63.

MYR MKD average rate for January 2024 is 11.97422, the change between 01/01/2024 and 31/01/2024 is +0.92 %.

01 January 20241 MYR = 12.05 MKD
02 January 20241 MYR = 12.05 MKD
03 January 20241 MYR = 12.13 MKD
04 January 20241 MYR = 12.17 MKD
05 January 20241 MYR = 12.04 MKD
06 January 20241 MYR = 12.03 MKD
07 January 20241 MYR = 12.04 MKD
08 January 20241 MYR = 11.89 MKD
09 January 20241 MYR = 12.00 MKD
10 January 20241 MYR = 12.04 MKD
11 January 20241 MYR = 11.99 MKD
12 January 20241 MYR = 11.98 MKD
14 January 20241 MYR = 12.03 MKD
15 January 20241 MYR = 11.99 MKD
16 January 20241 MYR = 11.95 MKD
17 January 20241 MYR = 12.09 MKD
18 January 20241 MYR = 11.92 MKD
19 January 20241 MYR = 11.91 MKD
22 January 20241 MYR = 11.79 MKD
23 January 20241 MYR = 11.88 MKD
24 January 20241 MYR = 11.93 MKD
25 January 20241 MYR = 11.87 MKD
26 January 20241 MYR = 11.91 MKD
28 January 20241 MYR = 11.96 MKD
29 January 20241 MYR = 11.81 MKD
30 January 20241 MYR = 11.93 MKD
31 January 20241 MYR = 11.94 MKD

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.