Historic Macedonian Denar Australian dollar

Macedonian Denar australian dollar history for December 2023. The highest quote for this month is 0.027227 (01/12/2023) and the lowest 0.027029 (11/12/2023). The difference between high and low is 0.73.

MKD AUD average rate for December 2023 is 0.02667, the change between 01/12/2023 and 31/12/2023 is +1.68 %.

01 December 20231 MKD = 0.0270 AUD
02 December 20231 MKD = 0.0266 AUD
03 December 20231 MKD = 0.0266 AUD
04 December 20231 MKD = 0.0269 AUD
05 December 20231 MKD = 0.0268 AUD
06 December 20231 MKD = 0.0269 AUD
07 December 20231 MKD = 0.0269 AUD
08 December 20231 MKD = 0.0268 AUD
10 December 20231 MKD = 0.0268 AUD
11 December 20231 MKD = 0.0270 AUD
12 December 20231 MKD = 0.0268 AUD
13 December 20231 MKD = 0.0269 AUD
14 December 20231 MKD = 0.0267 AUD
15 December 20231 MKD = 0.0268 AUD
16 December 20231 MKD = 0.0265 AUD
17 December 20231 MKD = 0.0265 AUD
18 December 20231 MKD = 0.0269 AUD
19 December 20231 MKD = 0.0267 AUD
20 December 20231 MKD = 0.0266 AUD
21 December 20231 MKD = 0.0265 AUD
22 December 20231 MKD = 0.0264 AUD
23 December 20231 MKD = 0.0264 AUD
24 December 20231 MKD = 0.0264 AUD
25 December 20231 MKD = 0.0264 AUD
26 December 20231 MKD = 0.0265 AUD
27 December 20231 MKD = 0.0264 AUD
28 December 20231 MKD = 0.0265 AUD
29 December 20231 MKD = 0.0265 AUD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
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