Historic Macedonian Denar Moroccan dirham

Macedonian Denar moroccan dirham history for September 2023. The highest quote for this month is 0.17922 (19/09/2023) and the lowest 0.17791 (23/09/2023). The difference between high and low is 0.73.

MKD MAD average rate for September 2023 is 0.17711, the change between 01/09/2023 and 30/09/2023 is -1.94 %.

01 September 20231 MKD = 0.1745 MAD
04 September 20231 MKD = 0.1776 MAD
05 September 20231 MKD = 0.1743 MAD
06 September 20231 MKD = 0.1734 MAD
07 September 20231 MKD = 0.1789 MAD
08 September 20231 MKD = 0.1777 MAD
11 September 20231 MKD = 0.1729 MAD
12 September 20231 MKD = 0.1736 MAD
13 September 20231 MKD = 0.1784 MAD
14 September 20231 MKD = 0.1779 MAD
15 September 20231 MKD = 0.1787 MAD
18 September 20231 MKD = 0.1748 MAD
19 September 20231 MKD = 0.1798 MAD
20 September 20231 MKD = 0.1794 MAD
21 September 20231 MKD = 0.1791 MAD
22 September 20231 MKD = 0.1792 MAD
23 September 20231 MKD = 0.1780 MAD
25 September 20231 MKD = 0.1755 MAD
26 September 20231 MKD = 0.1782 MAD
27 September 20231 MKD = 0.1778 MAD
28 September 20231 MKD = 0.1775 MAD
29 September 20231 MKD = 0.1784 MAD
30 September 20231 MKD = 0.1779 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.