Convert Bitcoin to Macedonian Denar
Please provide values below to convert Bitcoin [BTC] to Macedonian Denar [MKD], or Convert Macedonian Denar to Bitcoin.
How to Convert Bitcoin to Macedonian Denar
1 BTC = 1.59897457330499e-07 MKD
Example: convert 15 BTC to MKD:
15 BTC = 15 × 1.59897457330499e-07 MKD = 2.39846185995749e-06 MKD
Bitcoin to Macedonian Denar Conversion Table
| Bitcoin | Macedonian Denar |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.