Comment on
1997 |
On 10 July 1997, the Macedonian denar was devalued. We recorded the following exchange rates (buying/selling/middle rate): 9 July 1997: DEM 100 = MKD 2,675.4434 / 2,691.5444 / 2,683.4939 10 July 1997: DEM 100 = MKD 3,090.7000 / 3,109.3000 / 3,100.0000 Calculated devaluation: 13.4%. |