Convert Macedonian Denar to Algerian Dinar
Please provide values below to convert Macedonian Denar [MKD] to Algerian Dinar [DZD], or Convert Algerian Dinar to Macedonian Denar.
How to Convert Macedonian Denar to Algerian Dinar
1 MKD = 0.406503339592264 DZD
Example: convert 15 MKD to DZD:
15 MKD = 15 × 0.406503339592264 DZD = 6.09755009388396 DZD
Macedonian Denar to Algerian Dinar Conversion Table
| Macedonian Denar | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.