Convert Macedonian Denar to North Korean Won
Please provide values below to convert Macedonian Denar [MKD] to North Korean Won [KPW], or Convert North Korean Won to Macedonian Denar.
How to Convert Macedonian Denar to North Korean Won
1 MKD = 0.0587175555555556 KPW
Example: convert 15 MKD to KPW:
15 MKD = 15 × 0.0587175555555556 KPW = 0.880763333333333 KPW
Macedonian Denar to North Korean Won Conversion Table
| Macedonian Denar | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.