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.
26/01/2016: New N$100 and N$200 Banknotes Introduced
Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.
30/08/2012: Introduction of N$10 Commemorative Banknote
Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.
27/10/2008: Financial Crisis Impact
Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.
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.
01/01/2002: Replacement of Old Banknotes
Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.
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.
01/06/1999: Introduction of New Banknotes and Coins
New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.
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.
30/08/1993: Dollarization of Namibia
Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.
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.
21/03/1990: Independence of Namibia
Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.