Convert Macedonian Denar to Bulgarian Lev
Please provide values below to convert Macedonian Denar [MKD] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Macedonian Denar.
How to Convert Macedonian Denar to Bulgarian Lev
1 MKD = 31.6897337491005 BGN
Example: convert 15 MKD to BGN:
15 MKD = 15 × 31.6897337491005 BGN = 475.346006236507 BGN
Macedonian Denar to Bulgarian Lev Conversion Table
| Macedonian Denar | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.