Historic Egyptian Pound Macedonian Denar

Egyptian Pound macedonian denar history for August 2023. The highest quote for this month is 1.8357 (25/08/2023) and the lowest 1.8311 (29/08/2023). The difference between high and low is 0.25.

EGP MKD average rate for August 2023 is 1.81222, the change between 01/08/2023 and 31/08/2023 is -0.66 %.

01 August 20231 EGP = 1.801 MKD
02 August 20231 EGP = 1.799 MKD
03 August 20231 EGP = 1.811 MKD
04 August 20231 EGP = 1.806 MKD
07 August 20231 EGP = 1.789 MKD
08 August 20231 EGP = 1.797 MKD
09 August 20231 EGP = 1.806 MKD
10 August 20231 EGP = 1.805 MKD
11 August 20231 EGP = 1.804 MKD
12 August 20231 EGP = 1.815 MKD
14 August 20231 EGP = 1.785 MKD
15 August 20231 EGP = 1.817 MKD
16 August 20231 EGP = 1.817 MKD
17 August 20231 EGP = 1.821 MKD
18 August 20231 EGP = 1.821 MKD
19 August 20231 EGP = 1.827 MKD
20 August 20231 EGP = 1.824 MKD
21 August 20231 EGP = 1.811 MKD
22 August 20231 EGP = 1.814 MKD
23 August 20231 EGP = 1.824 MKD
24 August 20231 EGP = 1.821 MKD
25 August 20231 EGP = 1.832 MKD
28 August 20231 EGP = 1.815 MKD
29 August 20231 EGP = 1.827 MKD
30 August 20231 EGP = 1.817 MKD
31 August 20231 EGP = 1.813 MKD

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.