Convert Macedonian Denar to Armenian Dram
Convert Macedonian Denar (MKD) to Armenian Dram (AMD) using daily updated exchange rates.
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Exchange Rate
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About Macedonian Denar
The Macedonian Denar (MKD) has been the official currency of North Macedonia since 1992, replacing the Yugoslav dinar following the country's independence. The name "denar" derives from the ancient Roman silver coin "denarius". The National Bank of the Republic of North Macedonia manages monetary policy with a fixed exchange rate de facto pegged to the Euro. North Macedonia is a small Balkan country with an economy based on steel, iron, lead, zinc, manganese, chromite, and tungsten mining, as well as agriculture and light manufacturing.
About Armenian Dram
The Armenian Dram (AMD) became the official currency of Armenia in November 1993, replacing the Soviet ruble following the country's independence from the USSR in 1991. Its name derives from the historic silver coin used in medieval Armenia. The Central Bank of Armenia oversees monetary policy and issues dram banknotes and coins. Armenia's economy is heavily influenced by remittances from the Armenian diaspora and exports of diamonds, minerals, and brandy. The dram is divided into 100 luma, though luma coins are no longer in circulation due to low purchasing power.
Quick Reference Table
| Macedonian Denar (MKD) | Armenian Dram (AMD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).