Convert Macedonian Denar to Argentine Peso
Please provide values below to convert Macedonian Denar [MKD] to Argentine Peso [ARS], or Convert Argentine Peso to Macedonian Denar.
How to Convert Macedonian Denar to Argentine Peso
1 MKD = 0.0417367336139697 ARS
Example: convert 15 MKD to ARS:
15 MKD = 15 × 0.0417367336139697 ARS = 0.626051004209545 ARS
Macedonian Denar to Argentine Peso Conversion Table
| Macedonian Denar | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.