Historic Macedonian Denar Brazilian Real

Macedonian Denar brazilian real history for February 2024. The highest quote for this month is 0.088552 (01/02/2024) and the lowest 0.088679 (26/02/2024). The difference between high and low is -0.14.

MKD BRL average rate for February 2024 is 0.08762, the change between 01/02/2024 and 29/02/2024 is -0.55 %.

01 February 20241 MKD = 0.0875 BRL
02 February 20241 MKD = 0.0874 BRL
03 February 20241 MKD = 0.0876 BRL
04 February 20241 MKD = 0.0876 BRL
05 February 20241 MKD = 0.0879 BRL
06 February 20241 MKD = 0.0871 BRL
07 February 20241 MKD = 0.0873 BRL
08 February 20241 MKD = 0.0877 BRL
09 February 20241 MKD = 0.0880 BRL
12 February 20241 MKD = 0.0881 BRL
13 February 20241 MKD = 0.0873 BRL
14 February 20241 MKD = 0.0867 BRL
15 February 20241 MKD = 0.0873 BRL
16 February 20241 MKD = 0.0876 BRL
17 February 20241 MKD = 0.0871 BRL
18 February 20241 MKD = 0.0871 BRL
19 February 20241 MKD = 0.0875 BRL
20 February 20241 MKD = 0.0873 BRL
21 February 20241 MKD = 0.0877 BRL
22 February 20241 MKD = 0.0873 BRL
23 February 20241 MKD = 0.0878 BRL
24 February 20241 MKD = 0.0879 BRL
25 February 20241 MKD = 0.0879 BRL
26 February 20241 MKD = 0.0893 BRL
27 February 20241 MKD = 0.0883 BRL
28 February 20241 MKD = 0.0875 BRL
29 February 20241 MKD = 0.0880 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.