Convert Euro to Macedonian Denar
Please provide values below to convert Euro [EUR] to Macedonian Denar [MKD], or Convert Macedonian Denar to Euro.
How to Convert Euro to Macedonian Denar
1 EUR = 0.0161356247800204 MKD
Example: convert 15 EUR to MKD:
15 EUR = 15 × 0.0161356247800204 MKD = 0.242034371700305 MKD
Euro to Macedonian Denar Conversion Table
| Euro | Macedonian Denar |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.