Convert Qatari Rial to Macedonian Denar
Please provide values below to convert Qatari Rial [QAR] to Macedonian Denar [MKD], or Convert Macedonian Denar to Qatari Rial.
How to Convert Qatari Rial to Macedonian Denar
1 QAR = 0.0688796460645879 MKD
Example: convert 15 QAR to MKD:
15 QAR = 15 × 0.0688796460645879 MKD = 1.03319469096882 MKD
Qatari Rial to Macedonian Denar Conversion Table
| Qatari Rial | Macedonian Denar |
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.