Historic Papua New Guinean Kina Macedonian Denar

Papua New Guinean Kina macedonian denar history for March 2024. The highest quote for this month is 15.112 (01/03/2024) and the lowest 15.56 (01/03/2024). The difference between high and low is -2.96.

PGK MKD average rate for March 2024 is 15.12638, the change between 01/03/2024 and 31/03/2024 is +4.94 %.

01 March 20241 PGK = 15.72 MKD
04 March 20241 PGK = 14.99 MKD
05 March 20241 PGK = 15.05 MKD
06 March 20241 PGK = 14.93 MKD
07 March 20241 PGK = 15.58 MKD
08 March 20241 PGK = 14.99 MKD
11 March 20241 PGK = 14.80 MKD
12 March 20241 PGK = 14.95 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.

24/03/2020: COVID-19 Economic Impact

The COVID-19 pandemic had a significant impact on the Papua New Guinean economy and the value of the Kina, leading to economic challenges and policy interventions.

19/11/2018: Launch of New Kina Notes and Coins

The Bank of Papua New Guinea launched a new series of Kina banknotes and coins, featuring enhanced security features and improved design.

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.

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.

08/05/1995: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Papua New Guinea, replacing the traditional paper banknotes and providing increased durability.

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.

28/07/1989: Kina Floats in Foreign Exchange Market

The Papua New Guinean Kina was allowed to float freely in the foreign exchange market, leading to fluctuations in its value.

03/02/1976: First Kina Banknotes Issued

The Bank of Papua New Guinea issued the first series of Kina banknotes, featuring unique designs and local elements.

19/12/1975: Independence from Australia

Papua New Guinea gained independence, leading to the introduction of the Papua New Guinean Kina as its currency.

19/12/1975: Introduction of the Kina

The Papua New Guinean Kina was officially introduced as the national currency, replacing the Australian Dollar at a rate of 2 Kina to 1 Australian Dollar.