Convert Macedonian Denar to Chinese Yuan
Please provide values below to convert Macedonian Denar [MKD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Macedonian Denar.
How to Convert Macedonian Denar to Chinese Yuan
1 MKD = 7.36639763587449 CNY
Example: convert 15 MKD to CNY:
15 MKD = 15 × 7.36639763587449 CNY = 110.495964538117 CNY
Macedonian Denar to Chinese Yuan Conversion Table
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).