Convert Chinese Yuan to Macedonian Denar
Please provide values below to convert Chinese Yuan [CNY] to Macedonian Denar [MKD], or Convert Macedonian Denar to Chinese Yuan.
How to Convert Chinese Yuan to Macedonian Denar
1 CNY = 0.135751563984271 MKD
Example: convert 15 CNY to MKD:
15 CNY = 15 × 0.135751563984271 MKD = 2.03627345976407 MKD
Chinese Yuan to Macedonian Denar Conversion Table
| Chinese Yuan | Macedonian Denar |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.