Convert Macedonian Denar to Israeli New Sheqel
Please provide values below to convert Macedonian Denar [MKD] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Macedonian Denar.
How to Convert Macedonian Denar to Israeli New Sheqel
1 MKD = 15.7984454409566 ILS
Example: convert 15 MKD to ILS:
15 MKD = 15 × 15.7984454409566 ILS = 236.97668161435 ILS
Macedonian Denar to Israeli New Sheqel Conversion Table
| Macedonian Denar | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.