Historic Saudi riyal Macedonian Denar

Saudi riyal macedonian denar history for October 2023. The highest quote for this month is 15.586 (04/10/2023) and the lowest 15.545 (03/10/2023). The difference between high and low is 0.26.

SAR MKD average rate for October 2023 is 15.43225, the change between 01/10/2023 and 31/10/2023 is +0.25 %.

01 October 20231 SAR = 15.42 MKD
02 October 20231 SAR = 15.25 MKD
03 October 20231 SAR = 15.56 MKD
04 October 20231 SAR = 15.57 MKD
05 October 20231 SAR = 15.52 MKD
06 October 20231 SAR = 15.46 MKD
07 October 20231 SAR = 15.47 MKD
09 October 20231 SAR = 15.24 MKD
10 October 20231 SAR = 15.42 MKD
11 October 20231 SAR = 15.37 MKD
12 October 20231 SAR = 15.34 MKD
13 October 20231 SAR = 15.47 MKD
16 October 20231 SAR = 15.53 MKD
17 October 20231 SAR = 15.46 MKD
18 October 20231 SAR = 15.44 MKD
19 October 20231 SAR = 15.50 MKD
20 October 20231 SAR = 15.41 MKD
21 October 20231 SAR = 15.50 MKD
22 October 20231 SAR = 15.50 MKD
23 October 20231 SAR = 15.39 MKD
24 October 20231 SAR = 15.30 MKD
25 October 20231 SAR = 15.38 MKD
26 October 20231 SAR = 15.43 MKD
27 October 20231 SAR = 15.43 MKD
28 October 20231 SAR = 15.48 MKD
29 October 20231 SAR = 15.48 MKD
30 October 20231 SAR = 15.41 MKD
31 October 20231 SAR = 15.38 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.

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

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.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

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.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.