Historic Malaysian ringgit Macedonian Denar

Malaysian ringgit macedonian denar history for February 2024. The highest quote for this month is 12.084 (03/02/2024) and the lowest 12.038 (04/02/2024). The difference between high and low is 0.38.

MYR MKD average rate for February 2024 is 11.88959, the change between 01/02/2024 and 29/02/2024 is +1.07 %.

01 February 20241 MYR = 11.97 MKD
02 February 20241 MYR = 11.90 MKD
03 February 20241 MYR = 12.04 MKD
04 February 20241 MYR = 12.04 MKD
05 February 20241 MYR = 11.90 MKD
06 February 20241 MYR = 11.97 MKD
07 February 20241 MYR = 11.94 MKD
08 February 20241 MYR = 11.91 MKD
09 February 20241 MYR = 11.90 MKD
12 February 20241 MYR = 11.81 MKD
13 February 20241 MYR = 11.91 MKD
14 February 20241 MYR = 11.99 MKD
15 February 20241 MYR = 11.90 MKD
16 February 20241 MYR = 11.88 MKD
17 February 20241 MYR = 11.94 MKD
18 February 20241 MYR = 11.94 MKD
19 February 20241 MYR = 11.88 MKD
20 February 20241 MYR = 11.86 MKD
21 February 20241 MYR = 11.71 MKD
22 February 20241 MYR = 11.80 MKD
23 February 20241 MYR = 11.84 MKD
24 February 20241 MYR = 11.90 MKD
25 February 20241 MYR = 11.90 MKD
26 February 20241 MYR = 11.72 MKD
27 February 20241 MYR = 11.81 MKD
28 February 20241 MYR = 11.85 MKD
29 February 20241 MYR = 11.84 MKD

01/07/2020: Euro as legal tender

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

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.