Convert Thai Baht to Macedonian Denar
Please provide values below to convert Thai Baht [THB] to Macedonian Denar [MKD], or Convert Macedonian Denar to Thai Baht.
How to Convert Thai Baht to Macedonian Denar
1 THB = 0.60955837550004 MKD
Example: convert 15 THB to MKD:
15 THB = 15 × 0.60955837550004 MKD = 9.1433756325006 MKD
Thai Baht to Macedonian Denar Conversion Table
| Thai Baht | Macedonian Denar |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.