Convert Macedonian Denar to Indian Rupee
Convert Macedonian Denar (MKD) to Indian Rupee (INR) 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 Indian Rupee
The Indian Rupee (INR) is the official currency of India, the world's most populous country and fifth largest economy. The name "rupee" derives from the Sanskrit "rupyakam" (silver coin), used since the Maurya Empire around 300 BCE. The Reserve Bank of India (RBI) manages monetary policy. The rupee was decimalised in 1957 and is divided into 100 paise, though paise coins below 50 are no longer in circulation. India's economy is driven by information technology services, pharmaceuticals, textiles, agriculture, and rapidly growing manufacturing.
Quick Reference Table
| Macedonian Denar (MKD) | Indian Rupee (INR) |
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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).