Convert Mexican Peso to Macedonian Denar
Please provide values below to convert Mexican Peso [MXN] to Macedonian Denar [MKD], or Convert Macedonian Denar to Mexican Peso.
How to Convert Mexican Peso to Macedonian Denar
1 MXN = 0.352803817900382 MKD
Example: convert 15 MXN to MKD:
15 MXN = 15 × 0.352803817900382 MKD = 5.29205726850573 MKD
Mexican Peso to Macedonian Denar Conversion Table
| Mexican Peso | Macedonian Denar |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.