Historic Macedonian Denar Kuwaiti Dinar

Macedonian Denar kuwaiti dinar history for January 2024. The highest quote for this month is 0.00554 (01/01/2024) and the lowest 0.005588 (01/01/2024). The difference between high and low is -0.87.

MKD KWD average rate for January 2024 is 0.00549, the change between 01/01/2024 and 31/01/2024 is +1.79 %.

01 January 20241 MKD = 0.0055 KWD
02 January 20241 MKD = 0.0055 KWD
03 January 20241 MKD = 0.0055 KWD
04 January 20241 MKD = 0.0055 KWD
05 January 20241 MKD = 0.0055 KWD
06 January 20241 MKD = 0.0055 KWD
07 January 20241 MKD = 0.0055 KWD
08 January 20241 MKD = 0.0056 KWD
09 January 20241 MKD = 0.0055 KWD
10 January 20241 MKD = 0.0055 KWD
11 January 20241 MKD = 0.0055 KWD
12 January 20241 MKD = 0.0055 KWD
14 January 20241 MKD = 0.0055 KWD
15 January 20241 MKD = 0.0055 KWD
16 January 20241 MKD = 0.0055 KWD
17 January 20241 MKD = 0.0055 KWD
18 January 20241 MKD = 0.0055 KWD
19 January 20241 MKD = 0.0055 KWD
22 January 20241 MKD = 0.0055 KWD
23 January 20241 MKD = 0.0055 KWD
24 January 20241 MKD = 0.0055 KWD
25 January 20241 MKD = 0.0055 KWD
26 January 20241 MKD = 0.0055 KWD
28 January 20241 MKD = 0.0054 KWD
29 January 20241 MKD = 0.0055 KWD
30 January 20241 MKD = 0.0054 KWD
31 January 20241 MKD = 0.0054 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

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.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.