Historic Macedonian Denar Yemeni Rial

Macedonian Denar yemeni rial history for July 2023. The highest quote for this month is 4.5865 (17/07/2023) and the lowest 4.6336 (18/07/2023). The difference between high and low is -1.03.

MKD YER average rate for July 2023 is 4.52293, the change between 01/07/2023 and 31/07/2023 is -1.82 %.

03 July 20231 MKD = 4.468 YER
04 July 20231 MKD = 4.465 YER
05 July 20231 MKD = 4.450 YER
06 July 20231 MKD = 4.435 YER
07 July 20231 MKD = 4.448 YER
10 July 20231 MKD = 4.484 YER
11 July 20231 MKD = 4.500 YER
12 July 20231 MKD = 4.496 YER
13 July 20231 MKD = 4.547 YER
14 July 20231 MKD = 4.584 YER
17 July 20231 MKD = 4.636 YER
18 July 20231 MKD = 4.591 YER
19 July 20231 MKD = 4.593 YER
20 July 20231 MKD = 4.575 YER
21 July 20231 MKD = 4.548 YER
24 July 20231 MKD = 4.554 YER
25 July 20231 MKD = 4.526 YER
26 July 20231 MKD = 4.523 YER
27 July 20231 MKD = 4.528 YER
28 July 20231 MKD = 4.483 YER
31 July 20231 MKD = 4.550 YER

01/07/2020: Euro as legal tender

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

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

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.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

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.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.