Convert Macedonian Denar to Ethiopian Birr
Please provide values below to convert Macedonian Denar [MKD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Macedonian Denar.
How to Convert Macedonian Denar to Ethiopian Birr
1 MKD = 0.386759974589643 ETB
Example: convert 15 MKD to ETB:
15 MKD = 15 × 0.386759974589643 ETB = 5.80139961884465 ETB
Macedonian Denar to Ethiopian Birr Conversion Table
| Macedonian Denar | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.