Convert Peruvian Nuevo Sol to Macedonian Denar
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Macedonian Denar [MKD], or Convert Macedonian Denar to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Macedonian Denar
1 PEN = 0.0673222848362595 MKD
Example: convert 15 PEN to MKD:
15 PEN = 15 × 0.0673222848362595 MKD = 1.00983427254389 MKD
Peruvian Nuevo Sol to Macedonian Denar Conversion Table
| Peruvian Nuevo Sol | Macedonian Denar |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.