Historic Macedonian Denar Iraqi dinar

Macedonian Denar iraqi dinar history for January 2024. The highest quote for this month is 23.44 (12/01/2024) and the lowest 23.425 (14/01/2024). The difference between high and low is 0.06.

MKD IQD average rate for January 2024 is 23.22541, the change between 01/01/2024 and 31/01/2024 is +0.1 %.

01 January 20241 MKD = 23.21 IQD
02 January 20241 MKD = 23.23 IQD
03 January 20241 MKD = 23.44 IQD
04 January 20241 MKD = 23.36 IQD
05 January 20241 MKD = 23.45 IQD
06 January 20241 MKD = 23.40 IQD
07 January 20241 MKD = 23.40 IQD
08 January 20241 MKD = 23.13 IQD
09 January 20241 MKD = 23.46 IQD
10 January 20241 MKD = 22.95 IQD
11 January 20241 MKD = 23.51 IQD
12 January 20241 MKD = 23.06 IQD
14 January 20241 MKD = 23.43 IQD
15 January 20241 MKD = 23.00 IQD
16 January 20241 MKD = 22.97 IQD
17 January 20241 MKD = 22.88 IQD
18 January 20241 MKD = 23.29 IQD
19 January 20241 MKD = 23.30 IQD
22 January 20241 MKD = 23.07 IQD
23 January 20241 MKD = 23.30 IQD
24 January 20241 MKD = 23.21 IQD
25 January 20241 MKD = 23.31 IQD
26 January 20241 MKD = 23.23 IQD
28 January 20241 MKD = 23.16 IQD
29 January 20241 MKD = 23.01 IQD
30 January 20241 MKD = 23.17 IQD
31 January 20241 MKD = 23.19 IQD

01/07/2020: Euro as legal tender

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

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.