Historic Macedonian Denar Arab Emirates Dirham

Macedonian Denar arab emirates dirham history for August 2023. The highest quote for this month is 0.066466 (10/08/2023) and the lowest 0.066811 (10/08/2023). The difference between high and low is -0.52.

MKD AED average rate for August 2023 is 0.06564, the change between 01/08/2023 and 31/08/2023 is +0.65 %.

01 August 20231 MKD = 0.0660 AED
02 August 20231 MKD = 0.0661 AED
03 August 20231 MKD = 0.0657 AED
04 August 20231 MKD = 0.0657 AED
07 August 20231 MKD = 0.0667 AED
08 August 20231 MKD = 0.0662 AED
09 August 20231 MKD = 0.0659 AED
10 August 20231 MKD = 0.0659 AED
11 August 20231 MKD = 0.0659 AED
12 August 20231 MKD = 0.0656 AED
14 August 20231 MKD = 0.0663 AED
15 August 20231 MKD = 0.0655 AED
16 August 20231 MKD = 0.0655 AED
17 August 20231 MKD = 0.0653 AED
18 August 20231 MKD = 0.0653 AED
19 August 20231 MKD = 0.0652 AED
20 August 20231 MKD = 0.0652 AED
21 August 20231 MKD = 0.0660 AED
22 August 20231 MKD = 0.0655 AED
23 August 20231 MKD = 0.0652 AED
24 August 20231 MKD = 0.0653 AED
25 August 20231 MKD = 0.0649 AED
28 August 20231 MKD = 0.0655 AED
29 August 20231 MKD = 0.0651 AED
30 August 20231 MKD = 0.0653 AED
31 August 20231 MKD = 0.0656 AED

01/07/2020: Euro as legal tender

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

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.
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