Macedonian Denar indonesian rupiah exchange rate history (MKD IDR) December 2023

Macedonian Denar indonesian rupiah history for December 2023. The highest quote for this month is 280.58 (29/12/2023) and the lowest 281.98 (28/12/2023). The difference between high and low is -0.5.

MKD IDR average rate for December 2023 is 276.09286, the change between 01/12/2023 and 31/12/2023 is -0.77 %.

01 December 2023	1 MKD = 276.9 IDR
02 December 2023	1 MKD = 274.4 IDR
03 December 2023	1 MKD = 274.4 IDR
04 December 2023	1 MKD = 277.3 IDR
05 December 2023	1 MKD = 274.9 IDR
06 December 2023	1 MKD = 272.9 IDR
07 December 2023	1 MKD = 272.5 IDR
08 December 2023	1 MKD = 273.9 IDR
10 December 2023	1 MKD = 272.8 IDR
11 December 2023	1 MKD = 276.8 IDR
12 December 2023	1 MKD = 275.8 IDR
13 December 2023	1 MKD = 275.3 IDR
14 December 2023	1 MKD = 271.6 IDR
15 December 2023	1 MKD = 278.0 IDR
16 December 2023	1 MKD = 275.1 IDR
17 December 2023	1 MKD = 275.1 IDR
18 December 2023	1 MKD = 275.1 IDR
19 December 2023	1 MKD = 276.4 IDR
20 December 2023	1 MKD = 277.8 IDR
21 December 2023	1 MKD = 277.7 IDR
22 December 2023	1 MKD = 277.5 IDR
23 December 2023	1 MKD = 278.2 IDR
24 December 2023	1 MKD = 278.2 IDR
25 December 2023	1 MKD = 277.5 IDR
26 December 2023	1 MKD = 279.0 IDR
27 December 2023	1 MKD = 277.4 IDR
28 December 2023	1 MKD = 279.1 IDR
29 December 2023	1 MKD = 279.0 IDR

01/07/2020: Euro as legal tender

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

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

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.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

Historic Macedonian Denar Indonesian Rupiah