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

Macedonian Denar burmese kyat history for September 2023. The highest quote for this month is 36.919 (04/09/2023) and the lowest 37.274 (01/09/2023). The difference between high and low is -0.96.

MKD MMK average rate for September 2023 is 36.40508, the change between 01/09/2023 and 30/09/2023 is +1.92 %.

01 September 2023	1 MKD = 36.93 MMK
04 September 2023	1 MKD = 37.27 MMK
05 September 2023	1 MKD = 36.79 MMK
06 September 2023	1 MKD = 36.59 MMK
07 September 2023	1 MKD = 36.49 MMK
08 September 2023	1 MKD = 36.36 MMK
11 September 2023	1 MKD = 36.38 MMK
12 September 2023	1 MKD = 36.55 MMK
13 September 2023	1 MKD = 36.59 MMK
14 September 2023	1 MKD = 36.49 MMK
15 September 2023	1 MKD = 36.22 MMK
18 September 2023	1 MKD = 36.55 MMK
19 September 2023	1 MKD = 36.40 MMK
20 September 2023	1 MKD = 36.37 MMK
21 September 2023	1 MKD = 36.30 MMK
22 September 2023	1 MKD = 36.26 MMK
23 September 2023	1 MKD = 36.32 MMK
24 September 2023	1 MKD = 36.32 MMK
25 September 2023	1 MKD = 36.49 MMK
26 September 2023	1 MKD = 36.07 MMK
27 September 2023	1 MKD = 36.00 MMK
28 September 2023	1 MKD = 35.80 MMK
29 September 2023	1 MKD = 35.97 MMK
30 September 2023	1 MKD = 36.22 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