Historic Pound sterling Macedonian Denar

Pound sterling macedonian denar history for October 2023. The highest quote for this month is 70.778 (12/10/2023) and the lowest 70.702 (13/10/2023). The difference between high and low is 0.11.

GBP MKD average rate for October 2023 is 70.36544, the change between 01/10/2023 and 31/10/2023 is +0.52 %.

01 October 20231 GBP = 70.48 MKD
02 October 20231 GBP = 69.70 MKD
03 October 20231 GBP = 70.46 MKD
04 October 20231 GBP = 70.46 MKD
05 October 20231 GBP = 70.56 MKD
06 October 20231 GBP = 70.57 MKD
09 October 20231 GBP = 69.76 MKD
10 October 20231 GBP = 70.78 MKD
11 October 20231 GBP = 70.77 MKD
12 October 20231 GBP = 70.80 MKD
13 October 20231 GBP = 70.61 MKD
16 October 20231 GBP = 70.71 MKD
17 October 20231 GBP = 70.73 MKD
18 October 20231 GBP = 70.43 MKD
19 October 20231 GBP = 70.49 MKD
20 October 20231 GBP = 70.04 MKD
22 October 20231 GBP = 70.63 MKD
23 October 20231 GBP = 70.16 MKD
24 October 20231 GBP = 70.23 MKD
25 October 20231 GBP = 70.10 MKD
26 October 20231 GBP = 69.97 MKD
27 October 20231 GBP = 70.15 MKD
29 October 20231 GBP = 70.40 MKD
30 October 20231 GBP = 70.04 MKD
31 October 20231 GBP = 70.12 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.

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.