Convert Brazilian Real to Macedonian Denar
Please provide values below to convert Brazilian Real [BRL] to Macedonian Denar [MKD], or Convert Macedonian Denar to Brazilian Real.
How to Convert Brazilian Real to Macedonian Denar
1 BRL = 0.105344227923506 MKD
Example: convert 15 BRL to MKD:
15 BRL = 15 × 0.105344227923506 MKD = 1.58016341885259 MKD
Brazilian Real to Macedonian Denar Conversion Table
| Brazilian Real | Macedonian Denar |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.