Convert Macedonian Denar to Swedish Krona
Please provide values below to convert Macedonian Denar [MKD] to Swedish Krona [SEK], or Convert Swedish Krona to Macedonian Denar.
How to Convert Macedonian Denar to Swedish Krona
1 MKD = 5.5368963674654 SEK
Example: convert 15 MKD to SEK:
15 MKD = 15 × 5.5368963674654 SEK = 83.053445511981 SEK
Macedonian Denar to Swedish Krona Conversion Table
| Macedonian Denar | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.