Historic Macedonian Denar Moroccan dirham

Macedonian Denar moroccan dirham history for August 2023. The highest quote for this month is 0.17798 (18/08/2023) and the lowest 0.17823 (18/08/2023). The difference between high and low is -0.14.

MKD MAD average rate for August 2023 is 0.17454, the change between 01/08/2023 and 31/08/2023 is +1.17 %.

01 August 20231 MKD = 0.1771 MAD
02 August 20231 MKD = 0.1776 MAD
03 August 20231 MKD = 0.1719 MAD
04 August 20231 MKD = 0.1758 MAD
07 August 20231 MKD = 0.1701 MAD
08 August 20231 MKD = 0.1716 MAD
09 August 20231 MKD = 0.1684 MAD
10 August 20231 MKD = 0.1690 MAD
11 August 20231 MKD = 0.1701 MAD
12 August 20231 MKD = 0.1763 MAD
14 August 20231 MKD = 0.1716 MAD
15 August 20231 MKD = 0.1758 MAD
16 August 20231 MKD = 0.1760 MAD
17 August 20231 MKD = 0.1761 MAD
18 August 20231 MKD = 0.1766 MAD
19 August 20231 MKD = 0.1772 MAD
20 August 20231 MKD = 0.1772 MAD
21 August 20231 MKD = 0.1710 MAD
22 August 20231 MKD = 0.1779 MAD
23 August 20231 MKD = 0.1775 MAD
24 August 20231 MKD = 0.1778 MAD
25 August 20231 MKD = 0.1776 MAD
28 August 20231 MKD = 0.1734 MAD
29 August 20231 MKD = 0.1748 MAD
30 August 20231 MKD = 0.1748 MAD
31 August 20231 MKD = 0.1750 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.