Convert Macedonian Denar to New Taiwan Dollar
Please provide values below to convert Macedonian Denar [MKD] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Macedonian Denar.
How to Convert Macedonian Denar to New Taiwan Dollar
1 MKD = 1.79961859356377 TWD
Example: convert 15 MKD to TWD:
15 MKD = 15 × 1.79961859356377 TWD = 26.9942789034565 TWD
Macedonian Denar to New Taiwan Dollar Conversion Table
| Macedonian Denar | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.