Convert Macedonian Denar to South Korean Won
Please provide values below to convert Macedonian Denar [MKD] to South Korean Won [KRW], or Convert South Korean Won to Macedonian Denar.
How to Convert Macedonian Denar to South Korean Won
1 MKD = 0.0382228416156795 KRW
Example: convert 15 MKD to KRW:
15 MKD = 15 × 0.0382228416156795 KRW = 0.573342624235193 KRW
Macedonian Denar to South Korean Won Conversion Table
| Macedonian Denar | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.