Convert Macedonian Denar to Icelandic Króna
Please provide values below to convert Macedonian Denar [MKD] to Icelandic Króna [ISK], or Convert Icelandic Króna to Macedonian Denar.
How to Convert Macedonian Denar to Icelandic Króna
1 MKD = 0.434189045406556 ISK
Example: convert 15 MKD to ISK:
15 MKD = 15 × 0.434189045406556 ISK = 6.51283568109833 ISK
Macedonian Denar to Icelandic Króna Conversion Table
| Macedonian Denar | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.