Historic Egyptian Pound Macedonian Denar

Egyptian Pound macedonian denar history for January 2024. The highest quote for this month is 1.8306 (26/01/2024) and the lowest 1.8321 (28/01/2024). The difference between high and low is -0.08.

EGP MKD average rate for January 2024 is 1.81233, the change between 01/01/2024 and 31/01/2024 is -1.89 %.

01 January 20241 EGP = 1.791 MKD
02 January 20241 EGP = 1.785 MKD
03 January 20241 EGP = 1.806 MKD
04 January 20241 EGP = 1.812 MKD
05 January 20241 EGP = 1.813 MKD
06 January 20241 EGP = 1.820 MKD
07 January 20241 EGP = 1.820 MKD
08 January 20241 EGP = 1.808 MKD
09 January 20241 EGP = 1.806 MKD
10 January 20241 EGP = 1.810 MKD
11 January 20241 EGP = 1.803 MKD
12 January 20241 EGP = 1.802 MKD
14 January 20241 EGP = 1.811 MKD
15 January 20241 EGP = 1.803 MKD
16 January 20241 EGP = 1.805 MKD
17 January 20241 EGP = 1.819 MKD
18 January 20241 EGP = 1.821 MKD
19 January 20241 EGP = 1.819 MKD
22 January 20241 EGP = 1.806 MKD
23 January 20241 EGP = 1.818 MKD
24 January 20241 EGP = 1.825 MKD
25 January 20241 EGP = 1.817 MKD
26 January 20241 EGP = 1.824 MKD
28 January 20241 EGP = 1.828 MKD
29 January 20241 EGP = 1.809 MKD
30 January 20241 EGP = 1.828 MKD
31 January 20241 EGP = 1.825 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.