Convert Macedonian Denar to Mongolian Tugrik
Please provide values below to convert Macedonian Denar [MKD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Macedonian Denar.
How to Convert Macedonian Denar to Mongolian Tugrik
1 MKD = 0.014887278149249 MNT
Example: convert 15 MKD to MNT:
15 MKD = 15 × 0.014887278149249 MNT = 0.223309172238736 MNT
Macedonian Denar to Mongolian Tugrik Conversion Table
| Macedonian Denar | Mongolian Tugrik |
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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.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.