Historic Macedonian Denar Pound sterling

Macedonian Denar pound sterling history for December 2023. The highest quote for this month is 0.014245 (01/12/2023) and the lowest 0.014304 (28/12/2023). The difference between high and low is -0.41.

MKD GBP average rate for December 2023 is 0.0141, the change between 01/12/2023 and 31/12/2023 is -0.77 %.

01 December 20231 MKD = 0.0141 GBP
03 December 20231 MKD = 0.0139 GBP
04 December 20231 MKD = 0.0141 GBP
05 December 20231 MKD = 0.0140 GBP
06 December 20231 MKD = 0.0140 GBP
07 December 20231 MKD = 0.0140 GBP
08 December 20231 MKD = 0.0140 GBP
10 December 20231 MKD = 0.0140 GBP
11 December 20231 MKD = 0.0142 GBP
12 December 20231 MKD = 0.0140 GBP
13 December 20231 MKD = 0.0141 GBP
14 December 20231 MKD = 0.0141 GBP
15 December 20231 MKD = 0.0141 GBP
17 December 20231 MKD = 0.0140 GBP
18 December 20231 MKD = 0.0142 GBP
19 December 20231 MKD = 0.0141 GBP
20 December 20231 MKD = 0.0141 GBP
21 December 20231 MKD = 0.0142 GBP
22 December 20231 MKD = 0.0142 GBP
24 December 20231 MKD = 0.0142 GBP
25 December 20231 MKD = 0.0142 GBP
26 December 20231 MKD = 0.0142 GBP
27 December 20231 MKD = 0.0142 GBP
28 December 20231 MKD = 0.0142 GBP
29 December 20231 MKD = 0.0142 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.