Convert Macedonian Denar to Swiss Franc
Convert Macedonian Denar (MKD) to Swiss Franc (CHF) 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 Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, and one of the most important safe-haven currencies in the world. The name "franc" derives from the Latin "Francorum Rex" (King of the Franks). Switzerland is not a European Union member and has maintained its own currency, which regularly appreciates during global financial uncertainty due to Switzerland's political neutrality, strong banking sector, and fiscal discipline. The Swiss National Bank (SNB) manages monetary policy.
Quick Reference Table
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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).