Convert Macedonian Denar to New Zealand Dollar
Please provide values below to convert Macedonian Denar [MKD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Macedonian Denar.
How to Convert Macedonian Denar to New Zealand Dollar
1 MKD = 31.6631515877771 NZD
Example: convert 15 MKD to NZD:
15 MKD = 15 × 31.6631515877771 NZD = 474.947273816657 NZD
Macedonian Denar to New Zealand Dollar Conversion Table
| Macedonian Denar | New Zealand 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 Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.