Historic Macedonian Denar United States dollar

Macedonian Denar united states dollar history for July 2023. The highest quote for this month is 0.018123 (25/07/2023) and the lowest 0.018244 (25/07/2023). The difference between high and low is -0.67.

MKD USD average rate for July 2023 is 0.01805, the change between 01/07/2023 and 31/07/2023 is -2.21 %.

05 July 20231 MKD = 0.0178 USD
25 July 20231 MKD = 0.0181 USD
31 July 20231 MKD = 0.0182 USD

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.

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.