Macedonian Denar moroccan dirham exchange rate history (MKD MAD) December 2023

Macedonian Denar moroccan dirham history for December 2023. The highest quote for this month is 0.18126 (14/12/2023) and the lowest 0.1797 (16/12/2023). The difference between high and low is 0.86.

MKD MAD average rate for December 2023 is 0.17761, the change between 01/12/2023 and 31/12/2023 is -2.88 %.

01 December 2023	1 MKD = 0.1738 MAD
02 December 2023	1 MKD = 0.1787 MAD
03 December 2023	1 MKD = 0.1788 MAD
04 December 2023	1 MKD = 0.1754 MAD
05 December 2023	1 MKD = 0.1785 MAD
06 December 2023	1 MKD = 0.1782 MAD
07 December 2023	1 MKD = 0.1777 MAD
08 December 2023	1 MKD = 0.1786 MAD
10 December 2023	1 MKD = 0.1789 MAD
11 December 2023	1 MKD = 0.1749 MAD
12 December 2023	1 MKD = 0.1738 MAD
13 December 2023	1 MKD = 0.1741 MAD
14 December 2023	1 MKD = 0.1812 MAD
15 December 2023	1 MKD = 0.1812 MAD
16 December 2023	1 MKD = 0.1797 MAD
17 December 2023	1 MKD = 0.1797 MAD
18 December 2023	1 MKD = 0.1770 MAD
19 December 2023	1 MKD = 0.1752 MAD
20 December 2023	1 MKD = 0.1816 MAD
21 December 2023	1 MKD = 0.1797 MAD
22 December 2023	1 MKD = 0.1790 MAD
23 December 2023	1 MKD = 0.1782 MAD
24 December 2023	1 MKD = 0.1782 MAD
25 December 2023	1 MKD = 0.1727 MAD
26 December 2023	1 MKD = 0.1732 MAD
27 December 2023	1 MKD = 0.1785 MAD
28 December 2023	1 MKD = 0.1778 MAD
29 December 2023	1 MKD = 0.1788 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.

Historic Macedonian Denar Moroccan dirham