Convert Macedonian Denar to Qatari Rial
Please provide values below to convert Macedonian Denar [MKD] to Qatari Rial [QAR], or Convert Qatari Rial to Macedonian Denar.
How to Convert Macedonian Denar to Qatari Rial
1 MKD = 14.5180769230769 QAR
Example: convert 15 MKD to QAR:
15 MKD = 15 × 14.5180769230769 QAR = 217.771153846154 QAR
Macedonian Denar to Qatari Rial Conversion Table
| Macedonian Denar | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.