Convert Macedonian Denar to Norwegian Krone
Please provide values below to convert Macedonian Denar [MKD] to Norwegian Krone [NOK], or Convert Norwegian Krone to Macedonian Denar.
How to Convert Macedonian Denar to Norwegian Krone
1 MKD = 5.22615162483435 NOK
Example: convert 15 MKD to NOK:
15 MKD = 15 × 5.22615162483435 NOK = 78.3922743725153 NOK
Macedonian Denar to Norwegian Krone Conversion Table
| Macedonian Denar | Norwegian Krone |
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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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.