Historic Macedonian Denar Ethiopian birr

Macedonian Denar ethiopian birr history for January 2024. The highest quote for this month is 1.0163 (01/01/2024) and the lowest 1.0245 (01/01/2024). The difference between high and low is -0.81.

MKD ETB average rate for January 2024 is 1.00422, the change between 01/01/2024 and 31/01/2024 is +2.09 %.

01 January 20241 MKD = 1.016 ETB
02 January 20241 MKD = 1.016 ETB
03 January 20241 MKD = 1.002 ETB
04 January 20241 MKD = 0.9981 ETB
05 January 20241 MKD = 1.001 ETB
08 January 20241 MKD = 1.007 ETB
09 January 20241 MKD = 1.004 ETB
10 January 20241 MKD = 1.007 ETB
11 January 20241 MKD = 1.012 ETB
12 January 20241 MKD = 1.013 ETB
15 January 20241 MKD = 1.010 ETB
16 January 20241 MKD = 1.009 ETB
17 January 20241 MKD = 1.005 ETB
18 January 20241 MKD = 0.9973 ETB
19 January 20241 MKD = 0.9984 ETB
22 January 20241 MKD = 1.014 ETB
23 January 20241 MKD = 0.9976 ETB
24 January 20241 MKD = 0.9952 ETB
25 January 20241 MKD = 0.9999 ETB
26 January 20241 MKD = 0.9962 ETB
29 January 20241 MKD = 1.011 ETB
30 January 20241 MKD = 0.9946 ETB
31 January 20241 MKD = 0.9946 ETB

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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.

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.