Historic Macedonian Denar Burmese kyat

Macedonian Denar burmese kyat history for February 2024. The highest quote for this month is 37.186 (01/02/2024) and the lowest 37.254 (03/02/2024). The difference between high and low is -0.18.

MKD MMK average rate for February 2024 is 36.78915, the change between 01/02/2024 and 29/02/2024 is -0.22 %.

01 February 20241 MKD = 36.70 MMK
02 February 20241 MKD = 36.96 MMK
03 February 20241 MKD = 36.89 MMK
04 February 20241 MKD = 36.89 MMK
05 February 20241 MKD = 37.40 MMK
06 February 20241 MKD = 36.62 MMK
07 February 20241 MKD = 36.59 MMK
08 February 20241 MKD = 36.69 MMK
09 February 20241 MKD = 36.66 MMK
12 February 20241 MKD = 36.95 MMK
13 February 20241 MKD = 36.67 MMK
14 February 20241 MKD = 36.42 MMK
15 February 20241 MKD = 36.54 MMK
16 February 20241 MKD = 36.61 MMK
17 February 20241 MKD = 36.71 MMK
18 February 20241 MKD = 36.71 MMK
19 February 20241 MKD = 36.65 MMK
20 February 20241 MKD = 36.64 MMK
21 February 20241 MKD = 37.05 MMK
22 February 20241 MKD = 36.78 MMK
23 February 20241 MKD = 36.81 MMK
24 February 20241 MKD = 36.85 MMK
25 February 20241 MKD = 36.85 MMK
26 February 20241 MKD = 37.15 MMK
27 February 20241 MKD = 36.88 MMK
28 February 20241 MKD = 36.86 MMK
29 February 20241 MKD = 36.78 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.
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