Convert Macedonian Denar to Lebanese Pound
Please provide values below to convert Macedonian Denar [MKD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Macedonian Denar.
How to Convert Macedonian Denar to Lebanese Pound
1 MKD = 0.000590455865921788 LBP
Example: convert 15 MKD to LBP:
15 MKD = 15 × 0.000590455865921788 LBP = 0.00885683798882681 LBP
Macedonian Denar to Lebanese Pound Conversion Table
| Macedonian Denar | Lebanese Pound |
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.