Historic Singapore dollar Macedonian Denar

Singapore dollar macedonian denar history for January 2024. The highest quote for this month is 42.296 (06/01/2024) and the lowest 42.177 (28/01/2024). The difference between high and low is 0.28.

SGD MKD average rate for January 2024 is 41.9127, the change between 01/01/2024 and 31/01/2024 is -0.41 %.

01 January 20241 SGD = 41.94 MKD
02 January 20241 SGD = 41.95 MKD
03 January 20241 SGD = 42.08 MKD
04 January 20241 SGD = 42.15 MKD
05 January 20241 SGD = 41.96 MKD
06 January 20241 SGD = 42.09 MKD
07 January 20241 SGD = 42.09 MKD
08 January 20241 SGD = 41.59 MKD
09 January 20241 SGD = 41.97 MKD
10 January 20241 SGD = 41.97 MKD
11 January 20241 SGD = 41.82 MKD
12 January 20241 SGD = 41.84 MKD
14 January 20241 SGD = 41.97 MKD
15 January 20241 SGD = 41.82 MKD
16 January 20241 SGD = 41.82 MKD
17 January 20241 SGD = 41.82 MKD
18 January 20241 SGD = 41.81 MKD
19 January 20241 SGD = 41.78 MKD
22 January 20241 SGD = 41.44 MKD
23 January 20241 SGD = 41.82 MKD
24 January 20241 SGD = 42.03 MKD
25 January 20241 SGD = 41.88 MKD
26 January 20241 SGD = 42.02 MKD
28 January 20241 SGD = 42.16 MKD
29 January 20241 SGD = 41.58 MKD
30 January 20241 SGD = 42.14 MKD
31 January 20241 SGD = 42.12 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.