Convert Macedonian Denar to Nigerian Naira
Please provide values below to convert Macedonian Denar [MKD] to Nigerian Naira [NGN], or Convert Nigerian Naira to Macedonian Denar.
How to Convert Macedonian Denar to Nigerian Naira
1 MKD = 0.0345238778864272 NGN
Example: convert 15 MKD to NGN:
15 MKD = 15 × 0.0345238778864272 NGN = 0.517858168296408 NGN
Macedonian Denar to Nigerian Naira Conversion Table
| Macedonian Denar | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.