Convert Macedonian Denar to Canadian Dollar
Please provide values below to convert Macedonian Denar [MKD] to Canadian Dollar [CAD], or Convert Canadian Dollar to Macedonian Denar.
How to Convert Macedonian Denar to Canadian Dollar
1 MKD = 38.7859082568807 CAD
Example: convert 15 MKD to CAD:
15 MKD = 15 × 38.7859082568807 CAD = 581.788623853211 CAD
Macedonian Denar to Canadian Dollar Conversion Table
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.