Convert Macedonian Denar to Dominican Peso
Please provide values below to convert Macedonian Denar [MKD] to Dominican Peso [DOP], or Convert Dominican Peso to Macedonian Denar.
How to Convert Macedonian Denar to Dominican Peso
1 MKD = 0.87564083445179 DOP
Example: convert 15 MKD to DOP:
15 MKD = 15 × 0.87564083445179 DOP = 13.1346125167769 DOP
Macedonian Denar to Dominican Peso Conversion Table
Macedonian Denar | Dominican 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.