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

Macedonian Denar burmese kyat history for October 2023. The highest quote for this month is 36.221 (01/10/2023) and the lowest 36.424 (12/10/2023). The difference between high and low is -0.56.

MKD MMK average rate for October 2023 is 35.99732, the change between 01/10/2023 and 31/10/2023 is +0.47 %.

01 October 2023	1 MKD = 36.22 MMK
02 October 2023	1 MKD = 36.45 MMK
03 October 2023	1 MKD = 35.70 MMK
04 October 2023	1 MKD = 35.66 MMK
05 October 2023	1 MKD = 35.73 MMK
06 October 2023	1 MKD = 35.81 MMK
07 October 2023	1 MKD = 36.11 MMK
09 October 2023	1 MKD = 36.26 MMK
10 October 2023	1 MKD = 35.98 MMK
11 October 2023	1 MKD = 36.13 MMK
12 October 2023	1 MKD = 36.18 MMK
13 October 2023	1 MKD = 35.88 MMK
16 October 2023	1 MKD = 35.75 MMK
17 October 2023	1 MKD = 35.91 MMK
18 October 2023	1 MKD = 35.91 MMK
19 October 2023	1 MKD = 35.82 MMK
20 October 2023	1 MKD = 36.02 MMK
21 October 2023	1 MKD = 36.05 MMK
22 October 2023	1 MKD = 36.05 MMK
23 October 2023	1 MKD = 35.98 MMK
24 October 2023	1 MKD = 36.25 MMK
25 October 2023	1 MKD = 36.08 MMK
26 October 2023	1 MKD = 35.97 MMK
27 October 2023	1 MKD = 35.98 MMK
28 October 2023	1 MKD = 36.07 MMK
29 October 2023	1 MKD = 36.07 MMK
30 October 2023	1 MKD = 35.88 MMK
31 October 2023	1 MKD = 36.05 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