Convert Indian Rupee to Macedonian Denar
Please provide values below to convert Indian Rupee [INR] to Macedonian Denar [MKD], or Convert Macedonian Denar to Indian Rupee.
How to Convert Indian Rupee to Macedonian Denar
1 INR = 1.63470512320752 MKD
Example: convert 15 INR to MKD:
15 INR = 15 × 1.63470512320752 MKD = 24.5205768481128 MKD
Indian Rupee to Macedonian Denar Conversion Table
| Indian Rupee | Macedonian Denar |
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Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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.