Convert Macedonian Denar to Indian Rupee
Please provide values below to convert Macedonian Denar [MKD] to Indian Rupee [INR], or Convert Indian Rupee to Macedonian Denar.
How to Convert Macedonian Denar to Indian Rupee
1 MKD = 0.611731122514536 INR
Example: convert 15 MKD to INR:
15 MKD = 15 × 0.611731122514536 INR = 9.17596683771804 INR
Macedonian Denar to Indian Rupee 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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.