Convert Macedonian Denar to Mexican Peso
Please provide values below to convert Macedonian Denar [MKD] to Mexican Peso [MXN], or Convert Mexican Peso to Macedonian Denar.
How to Convert Macedonian Denar to Mexican Peso
1 MKD = 2.83443644672338 MXN
Example: convert 15 MKD to MXN:
15 MKD = 15 × 2.83443644672338 MXN = 42.5165467008507 MXN
Macedonian Denar to Mexican Peso Conversion Table
| Macedonian Denar | Mexican 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.