Historic Macedonian Denar Japanese Yen

Macedonian Denar japanese yen history for February 2024. The highest quote for this month is 2.6709 (27/02/2024) and the lowest 2.6888 (28/02/2024). The difference between high and low is -0.67.

MKD JPY average rate for February 2024 is 2.64136, the change between 01/02/2024 and 29/02/2024 is -2.74 %.

01 February 20241 MKD = 2.599 JPY
02 February 20241 MKD = 2.603 JPY
04 February 20241 MKD = 2.611 JPY
05 February 20241 MKD = 2.646 JPY
06 February 20241 MKD = 2.615 JPY
07 February 20241 MKD = 2.599 JPY
08 February 20241 MKD = 2.612 JPY
09 February 20241 MKD = 2.630 JPY
12 February 20241 MKD = 2.653 JPY
13 February 20241 MKD = 2.635 JPY
14 February 20241 MKD = 2.639 JPY
15 February 20241 MKD = 2.645 JPY
16 February 20241 MKD = 2.641 JPY
17 February 20241 MKD = 2.633 JPY
18 February 20241 MKD = 2.633 JPY
19 February 20241 MKD = 2.645 JPY
20 February 20241 MKD = 2.648 JPY
21 February 20241 MKD = 2.671 JPY
22 February 20241 MKD = 2.660 JPY
23 February 20241 MKD = 2.662 JPY
24 February 20241 MKD = 2.648 JPY
25 February 20241 MKD = 2.648 JPY
26 February 20241 MKD = 2.690 JPY
27 February 20241 MKD = 2.671 JPY
28 February 20241 MKD = 2.668 JPY
29 February 20241 MKD = 2.670 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.
MKD JPY July 2023
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MKD JPY February 2024
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