Convert Namibian Dollar to Macedonian Denar
Please provide values below to convert Namibian Dollar [NAD] to Macedonian Denar [MKD], or Convert Macedonian Denar to Namibian Dollar.
How to Convert Namibian Dollar to Macedonian Denar
1 NAD = 0.332414307286483 MKD
Example: convert 15 NAD to MKD:
15 NAD = 15 × 0.332414307286483 MKD = 4.98621460929724 MKD
Namibian Dollar to Macedonian Denar Conversion Table
| Namibian Dollar | Macedonian Denar |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.