Convert New Zealand Dollar to Macedonian Denar
Please provide values below to convert New Zealand Dollar [NZD] to Macedonian Denar [MKD], or Convert Macedonian Denar to New Zealand Dollar.
How to Convert New Zealand Dollar to Macedonian Denar
1 NZD = 0.0315824530993948 MKD
Example: convert 15 NZD to MKD:
15 NZD = 15 × 0.0315824530993948 MKD = 0.473736796490923 MKD
New Zealand Dollar to Macedonian Denar Conversion Table
| New Zealand Dollar | Macedonian Denar |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.