Historic Burmese kyat Macedonian Denar

Burmese kyat macedonian denar history for January 2024. The highest quote for this month is 0.027186 (31/01/2024) and the lowest 0.026996 (28/01/2024). The difference between high and low is 0.7.

MMK MKD average rate for January 2024 is 0.02686, the change between 01/01/2024 and 31/01/2024 is -2.18 %.

01 January 20241 MMK = 0.0265 MKD
02 January 20241 MMK = 0.0265 MKD
03 January 20241 MMK = 0.0268 MKD
04 January 20241 MMK = 0.0269 MKD
05 January 20241 MMK = 0.0268 MKD
06 January 20241 MMK = 0.0267 MKD
07 January 20241 MMK = 0.0267 MKD
08 January 20241 MMK = 0.0267 MKD
09 January 20241 MMK = 0.0268 MKD
10 January 20241 MMK = 0.0269 MKD
11 January 20241 MMK = 0.0268 MKD
12 January 20241 MMK = 0.0267 MKD
14 January 20241 MMK = 0.0267 MKD
15 January 20241 MMK = 0.0268 MKD
16 January 20241 MMK = 0.0268 MKD
17 January 20241 MMK = 0.0270 MKD
18 January 20241 MMK = 0.0270 MKD
19 January 20241 MMK = 0.0270 MKD
22 January 20241 MMK = 0.0267 MKD
23 January 20241 MMK = 0.0270 MKD
24 January 20241 MMK = 0.0271 MKD
25 January 20241 MMK = 0.0270 MKD
26 January 20241 MMK = 0.0271 MKD
28 January 20241 MMK = 0.0270 MKD
29 January 20241 MMK = 0.0268 MKD
30 January 20241 MMK = 0.0272 MKD
31 January 20241 MMK = 0.0271 MKD

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

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.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.