Convert Macedonian Denar to Somali Shilling
Please provide values below to convert Macedonian Denar [MKD] to Somali Shilling [SOS], or Convert Somali Shilling to Macedonian Denar.
How to Convert Macedonian Denar to Somali Shilling
1 MKD = 0.0924783651675523 SOS
Example: convert 15 MKD to SOS:
15 MKD = 15 × 0.0924783651675523 SOS = 1.38717547751328 SOS
Macedonian Denar to Somali Shilling Conversion Table
| Macedonian Denar | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.