Convert Nigerian Naira to Macedonian Denar
Please provide values below to convert Nigerian Naira [NGN] to Macedonian Denar [MKD], or Convert Macedonian Denar to Nigerian Naira.
How to Convert Nigerian Naira to Macedonian Denar
1 NGN = 28.9654598851754 MKD
Example: convert 15 NGN to MKD:
15 NGN = 15 × 28.9654598851754 MKD = 434.48189827763 MKD
Nigerian Naira to Macedonian Denar Conversion Table
| Nigerian Naira | Macedonian Denar |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
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.