Convert Japanese Yen to Macedonian Denar
Please provide values below to convert Japanese Yen [JPY] to Macedonian Denar [MKD], or Convert Macedonian Denar to Japanese Yen.
How to Convert Japanese Yen to Macedonian Denar
1 JPY = 2.77848381517547 MKD
Example: convert 15 JPY to MKD:
15 JPY = 15 × 2.77848381517547 MKD = 41.6772572276321 MKD
Japanese Yen to Macedonian Denar Conversion Table
| Japanese Yen | Macedonian Denar |
|---|
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.