Moroccan dirham macedonian denar exchange rate history (MAD MKD) August 2023

Moroccan dirham macedonian denar history for August 2023. The highest quote for this month is 5.9208 (09/08/2023) and the lowest 5.8854 (09/08/2023). The difference between high and low is 0.6.

MAD MKD average rate for August 2023 is 5.73106, the change between 01/08/2023 and 31/08/2023 is -1.19 %.

01 August 2023	1 MAD = 5.65 MKD
02 August 2023	1 MAD = 5.63 MKD
03 August 2023	1 MAD = 5.82 MKD
04 August 2023	1 MAD = 5.69 MKD
07 August 2023	1 MAD = 5.88 MKD
08 August 2023	1 MAD = 5.83 MKD
09 August 2023	1 MAD = 5.94 MKD
10 August 2023	1 MAD = 5.92 MKD
11 August 2023	1 MAD = 5.88 MKD
12 August 2023	1 MAD = 5.67 MKD
14 August 2023	1 MAD = 5.83 MKD
15 August 2023	1 MAD = 5.69 MKD
16 August 2023	1 MAD = 5.68 MKD
17 August 2023	1 MAD = 5.68 MKD
18 August 2023	1 MAD = 5.66 MKD
19 August 2023	1 MAD = 5.64 MKD
20 August 2023	1 MAD = 5.64 MKD
21 August 2023	1 MAD = 5.85 MKD
22 August 2023	1 MAD = 5.62 MKD
23 August 2023	1 MAD = 5.63 MKD
24 August 2023	1 MAD = 5.63 MKD
25 August 2023	1 MAD = 5.63 MKD
28 August 2023	1 MAD = 5.77 MKD
29 August 2023	1 MAD = 5.72 MKD
30 August 2023	1 MAD = 5.72 MKD
31 August 2023	1 MAD = 5.71 MKD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate 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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

Historic Moroccan dirham Macedonian Denar