Historic Kazakhstani tenge Macedonian Denar

Kazakhstani tenge macedonian denar history for December 2023. The highest quote for this month is 0.12464 (08/12/2023) and the lowest 0.12447 (13/12/2023). The difference between high and low is 0.14.

KZT MKD average rate for December 2023 is 0.1226, the change between 01/12/2023 and 31/12/2023 is +0.85 %.

01 December 20231 KZT = 0.1229 MKD
02 December 20231 KZT = 0.1224 MKD
03 December 20231 KZT = 0.1224 MKD
04 December 20231 KZT = 0.1213 MKD
05 December 20231 KZT = 0.1228 MKD
06 December 20231 KZT = 0.1236 MKD
07 December 20231 KZT = 0.1238 MKD
08 December 20231 KZT = 0.1240 MKD
10 December 20231 KZT = 0.1240 MKD
11 December 20231 KZT = 0.1231 MKD
12 December 20231 KZT = 0.1243 MKD
13 December 20231 KZT = 0.1245 MKD
14 December 20231 KZT = 0.1233 MKD
15 December 20231 KZT = 0.1226 MKD
16 December 20231 KZT = 0.1229 MKD
17 December 20231 KZT = 0.1229 MKD
18 December 20231 KZT = 0.1211 MKD
19 December 20231 KZT = 0.1226 MKD
20 December 20231 KZT = 0.1224 MKD
21 December 20231 KZT = 0.1232 MKD
22 December 20231 KZT = 0.1216 MKD
23 December 20231 KZT = 0.1217 MKD
24 December 20231 KZT = 0.1217 MKD
25 December 20231 KZT = 0.1216 MKD
26 December 20231 KZT = 0.1214 MKD
27 December 20231 KZT = 0.1215 MKD
28 December 20231 KZT = 0.1215 MKD
29 December 20231 KZT = 0.1219 MKD

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

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.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.