Historic Macedonian Denar Indian Rupee

Macedonian Denar indian rupee history for February 2024. The highest quote for this month is 1.4813 (01/02/2024) and the lowest 1.489 (02/02/2024). The difference between high and low is -0.52.

MKD INR average rate for February 2024 is 1.46524, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 MKD = 1.468 INR
02 February 20241 MKD = 1.474 INR
03 February 20241 MKD = 1.461 INR
04 February 20241 MKD = 1.462 INR
05 February 20241 MKD = 1.479 INR
06 February 20241 MKD = 1.462 INR
07 February 20241 MKD = 1.461 INR
08 February 20241 MKD = 1.464 INR
09 February 20241 MKD = 1.462 INR
12 February 20241 MKD = 1.476 INR
13 February 20241 MKD = 1.464 INR
14 February 20241 MKD = 1.455 INR
15 February 20241 MKD = 1.459 INR
16 February 20241 MKD = 1.462 INR
17 February 20241 MKD = 1.455 INR
18 February 20241 MKD = 1.455 INR
19 February 20241 MKD = 1.463 INR
20 February 20241 MKD = 1.463 INR
21 February 20241 MKD = 1.475 INR
22 February 20241 MKD = 1.467 INR
23 February 20241 MKD = 1.466 INR
24 February 20241 MKD = 1.458 INR
25 February 20241 MKD = 1.458 INR
26 February 20241 MKD = 1.482 INR
27 February 20241 MKD = 1.470 INR
28 February 20241 MKD = 1.471 INR
29 February 20241 MKD = 1.469 INR

01/07/2020: Euro as legal tender

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

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.