Macedonian Denar burmese kyat exchange rate history (MKD MMK) August 2023

Macedonian Denar burmese kyat history for August 2023. The highest quote for this month is 37.67 (03/08/2023) and the lowest 37.846 (10/08/2023). The difference between high and low is -0.47.

MKD MMK average rate for August 2023 is 37.20258, the change between 01/08/2023 and 31/08/2023 is +0.65 %.

01 August 2023	1 MKD = 37.42 MMK
02 August 2023	1 MKD = 37.47 MMK
03 August 2023	1 MKD = 37.26 MMK
04 August 2023	1 MKD = 37.22 MMK
07 August 2023	1 MKD = 37.55 MMK
08 August 2023	1 MKD = 37.46 MMK
09 August 2023	1 MKD = 37.31 MMK
10 August 2023	1 MKD = 37.33 MMK
11 August 2023	1 MKD = 37.35 MMK
12 August 2023	1 MKD = 37.40 MMK
14 August 2023	1 MKD = 37.72 MMK
15 August 2023	1 MKD = 37.11 MMK
16 August 2023	1 MKD = 37.08 MMK
17 August 2023	1 MKD = 37.01 MMK
18 August 2023	1 MKD = 37.01 MMK
19 August 2023	1 MKD = 37.15 MMK
20 August 2023	1 MKD = 37.15 MMK
21 August 2023	1 MKD = 37.27 MMK
22 August 2023	1 MKD = 37.10 MMK
23 August 2023	1 MKD = 36.94 MMK
24 August 2023	1 MKD = 37.00 MMK
25 August 2023	1 MKD = 36.78 MMK
28 August 2023	1 MKD = 37.12 MMK
29 August 2023	1 MKD = 36.88 MMK
30 August 2023	1 MKD = 37.00 MMK
31 August 2023	1 MKD = 37.18 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

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.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

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.

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

Historic Macedonian Denar Burmese kyat