Convert Macedonian Denar to Bhutanese Ngultrum
Please provide values below to convert Macedonian Denar [MKD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Macedonian Denar.
How to Convert Macedonian Denar to Bhutanese Ngultrum
1 MKD = 0.611758032494631 BTN
Example: convert 15 MKD to BTN:
15 MKD = 15 × 0.611758032494631 BTN = 9.17637048741947 BTN
Macedonian Denar to Bhutanese Ngultrum Conversion Table
| Macedonian Denar | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.