Historic Danish Krone Macedonian Denar

Danish Krone macedonian denar history for October 2023. The highest quote for this month is 8.25 (21/10/2023) and the lowest 8.2541 (22/10/2023). The difference between high and low is -0.05.

DKK MKD average rate for October 2023 is 8.19012, the change between 01/10/2023 and 31/10/2023 is -0.04 %.

01 October 20231 DKK = 8.19 MKD
02 October 20231 DKK = 8.10 MKD
03 October 20231 DKK = 8.19 MKD
04 October 20231 DKK = 8.19 MKD
05 October 20231 DKK = 8.19 MKD
06 October 20231 DKK = 8.19 MKD
09 October 20231 DKK = 8.09 MKD
10 October 20231 DKK = 8.20 MKD
11 October 20231 DKK = 8.19 MKD
12 October 20231 DKK = 8.19 MKD
13 October 20231 DKK = 8.19 MKD
16 October 20231 DKK = 8.21 MKD
17 October 20231 DKK = 8.20 MKD
18 October 20231 DKK = 8.20 MKD
19 October 20231 DKK = 8.20 MKD
20 October 20231 DKK = 8.19 MKD
21 October 20231 DKK = 8.25 MKD
22 October 20231 DKK = 8.24 MKD
23 October 20231 DKK = 8.19 MKD
24 October 20231 DKK = 8.20 MKD
25 October 20231 DKK = 8.18 MKD
26 October 20231 DKK = 8.19 MKD
27 October 20231 DKK = 8.18 MKD
28 October 20231 DKK = 8.22 MKD
29 October 20231 DKK = 8.22 MKD
30 October 20231 DKK = 8.18 MKD
31 October 20231 DKK = 8.20 MKD

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.