United States dollar macedonian denar history for July 2023. The highest quote for this month is 56.25 (05/07/2023) and the lowest 55.588 (05/07/2023). The difference between high and low is 1.18.
USD MKD average rate for July 2023 is 55.415, the change between 01/07/2023 and 31/07/2023 is +2.16 %.
| 05 July 2023 | 1 USD = 56.13 MKD |
| 25 July 2023 | 1 USD = 55.20 MKD |
| 31 July 2023 | 1 USD = 54.92 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.
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.
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.