Burmese kyat macedonian denar exchange rate history (MMK MKD) October 2023

Burmese kyat macedonian denar history for October 2023. The highest quote for this month is 0.028102 (04/10/2023) and the lowest 0.027991 (03/10/2023). The difference between high and low is 0.39.

MMK MKD average rate for October 2023 is 0.02778, the change between 01/10/2023 and 31/10/2023 is -0.47 %.

01 October 2023	1 MMK = 0.0276 MKD
02 October 2023	1 MMK = 0.0274 MKD
03 October 2023	1 MMK = 0.0280 MKD
04 October 2023	1 MMK = 0.0280 MKD
05 October 2023	1 MMK = 0.0280 MKD
06 October 2023	1 MMK = 0.0279 MKD
07 October 2023	1 MMK = 0.0277 MKD
09 October 2023	1 MMK = 0.0276 MKD
10 October 2023	1 MMK = 0.0278 MKD
11 October 2023	1 MMK = 0.0277 MKD
12 October 2023	1 MMK = 0.0276 MKD
13 October 2023	1 MMK = 0.0279 MKD
16 October 2023	1 MMK = 0.0280 MKD
17 October 2023	1 MMK = 0.0279 MKD
18 October 2023	1 MMK = 0.0279 MKD
19 October 2023	1 MMK = 0.0279 MKD
20 October 2023	1 MMK = 0.0278 MKD
21 October 2023	1 MMK = 0.0277 MKD
22 October 2023	1 MMK = 0.0277 MKD
23 October 2023	1 MMK = 0.0278 MKD
24 October 2023	1 MMK = 0.0276 MKD
25 October 2023	1 MMK = 0.0277 MKD
26 October 2023	1 MMK = 0.0278 MKD
27 October 2023	1 MMK = 0.0278 MKD
28 October 2023	1 MMK = 0.0277 MKD
29 October 2023	1 MMK = 0.0277 MKD
30 October 2023	1 MMK = 0.0279 MKD
31 October 2023	1 MMK = 0.0277 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.

Historic Burmese kyat Macedonian Denar