Convert Macedonian Denar to Chinese Yuan (Offshore)
Please provide values below to convert Macedonian Denar [MKD] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Macedonian Denar.
How to Convert Macedonian Denar to Chinese Yuan (Offshore)
1 MKD = 7.36884333709497 CNH
Example: convert 15 MKD to CNH:
15 MKD = 15 × 7.36884333709497 CNH = 110.532650056425 CNH
Macedonian Denar to Chinese Yuan (Offshore) Conversion Table
| Macedonian Denar | Chinese Yuan (Offshore) |
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.