Convert Macedonian Denar to Australian Dollar
Please provide values below to convert Macedonian Denar [MKD] to Australian Dollar [AUD], or Convert Australian Dollar to Macedonian Denar.
How to Convert Macedonian Denar to Australian Dollar
1 MKD = 34.5578080041852 AUD
Example: convert 15 MKD to AUD:
15 MKD = 15 × 34.5578080041852 AUD = 518.367120062778 AUD
Macedonian Denar to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.