Convert Swiss Franc to Macedonian Denar
Please provide values below to convert Swiss Franc [CHF] to Macedonian Denar [MKD], or Convert Macedonian Denar to Swiss Franc.
How to Convert Swiss Franc to Macedonian Denar
1 CHF = 0.0150418765540497 MKD
Example: convert 15 CHF to MKD:
15 CHF = 15 × 0.0150418765540497 MKD = 0.225628148310746 MKD
Swiss Franc to Macedonian Denar Conversion Table
| Swiss Franc | Macedonian Denar |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.