Historic Macedonian Denar New Zealand Dollar

Macedonian Denar new zealand dollar history for December 2023. The highest quote for this month is 0.02921 (01/12/2023) and the lowest 0.029087 (15/12/2023). The difference between high and low is 0.42.

MKD NZD average rate for December 2023 is 0.0287, the change between 01/12/2023 and 31/12/2023 is +1.25 %.

01 December 20231 MKD = 0.0289 NZD
02 December 20231 MKD = 0.0285 NZD
03 December 20231 MKD = 0.0286 NZD
04 December 20231 MKD = 0.0289 NZD
05 December 20231 MKD = 0.0287 NZD
06 December 20231 MKD = 0.0288 NZD
07 December 20231 MKD = 0.0287 NZD
08 December 20231 MKD = 0.0287 NZD
10 December 20231 MKD = 0.0288 NZD
11 December 20231 MKD = 0.0290 NZD
12 December 20231 MKD = 0.0288 NZD
13 December 20231 MKD = 0.0288 NZD
14 December 20231 MKD = 0.0287 NZD
15 December 20231 MKD = 0.0289 NZD
16 December 20231 MKD = 0.0286 NZD
17 December 20231 MKD = 0.0286 NZD
18 December 20231 MKD = 0.0290 NZD
19 December 20231 MKD = 0.0288 NZD
20 December 20231 MKD = 0.0287 NZD
21 December 20231 MKD = 0.0286 NZD
22 December 20231 MKD = 0.0286 NZD
23 December 20231 MKD = 0.0286 NZD
24 December 20231 MKD = 0.0285 NZD
25 December 20231 MKD = 0.0285 NZD
26 December 20231 MKD = 0.0286 NZD
27 December 20231 MKD = 0.0285 NZD
28 December 20231 MKD = 0.0286 NZD
29 December 20231 MKD = 0.0286 NZD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.