Convert Macedonian Denar to Malaysian Ringgit
Please provide values below to convert Macedonian Denar [MKD] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Macedonian Denar.
How to Convert Macedonian Denar to Malaysian Ringgit
1 MKD = 12.4889634636291 MYR
Example: convert 15 MKD to MYR:
15 MKD = 15 × 12.4889634636291 MYR = 187.334451954436 MYR
Macedonian Denar to Malaysian Ringgit Conversion Table
| Macedonian Denar | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.