Convert Macedonian Denar to Iraqi Dinar
Please provide values below to convert Macedonian Denar [MKD] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Macedonian Denar.
How to Convert Macedonian Denar to Iraqi Dinar
1 MKD = 0.0403510060606912 IQD
Example: convert 15 MKD to IQD:
15 MKD = 15 × 0.0403510060606912 IQD = 0.605265090910368 IQD
Macedonian Denar to Iraqi Dinar Conversion Table
| Macedonian Denar | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.