Convert Macedonian Denar to British Pound Sterling
Please provide values below to convert Macedonian Denar [MKD] to British Pound Sterling [GBP], or Convert British Pound Sterling to Macedonian Denar.
How to Convert Macedonian Denar to British Pound Sterling
1 MKD = 71.3939475817347 GBP
Example: convert 15 MKD to GBP:
15 MKD = 15 × 71.3939475817347 GBP = 1070.90921372602 GBP
Macedonian Denar to British Pound Sterling Conversion Table
| Macedonian Denar | British Pound Sterling |
|---|
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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.