Macedonian Denar brazilian real exchange rate history (MKD BRL) December 2023

Macedonian Denar brazilian real history for December 2023. The highest quote for this month is 0.088689 (01/12/2023) and the lowest 0.088576 (18/12/2023). The difference between high and low is 0.13.

MKD BRL average rate for December 2023 is 0.08741, the change between 01/12/2023 and 31/12/2023 is -0.08 %.

01 December 2023	1 MKD = 0.0877 BRL
02 December 2023	1 MKD = 0.0864 BRL
03 December 2023	1 MKD = 0.0865 BRL
04 December 2023	1 MKD = 0.0881 BRL
05 December 2023	1 MKD = 0.0876 BRL
06 December 2023	1 MKD = 0.0870 BRL
07 December 2023	1 MKD = 0.0863 BRL
08 December 2023	1 MKD = 0.0868 BRL
10 December 2023	1 MKD = 0.0867 BRL
11 December 2023	1 MKD = 0.0870 BRL
12 December 2023	1 MKD = 0.0870 BRL
13 December 2023	1 MKD = 0.0878 BRL
14 December 2023	1 MKD = 0.0875 BRL
15 December 2023	1 MKD = 0.0883 BRL
16 December 2023	1 MKD = 0.0878 BRL
17 December 2023	1 MKD = 0.0878 BRL
18 December 2023	1 MKD = 0.0886 BRL
19 December 2023	1 MKD = 0.0876 BRL
20 December 2023	1 MKD = 0.0875 BRL
21 December 2023	1 MKD = 0.0879 BRL
22 December 2023	1 MKD = 0.0877 BRL
23 December 2023	1 MKD = 0.0872 BRL
24 December 2023	1 MKD = 0.0872 BRL
25 December 2023	1 MKD = 0.0877 BRL
26 December 2023	1 MKD = 0.0879 BRL
27 December 2023	1 MKD = 0.0867 BRL
28 December 2023	1 MKD = 0.0876 BRL
29 December 2023	1 MKD = 0.0877 BRL

01/07/2020: Euro as legal tender

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

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

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.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

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.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

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.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

Historic Macedonian Denar Brazilian Real