Convert Macedonian Denar to Thai Baht
Convert Macedonian Denar (MKD) to Thai Baht (THB) 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 Thai Baht
The Thai Baht (THB) is the official currency of Thailand, one of Southeast Asia's largest and most successful economies. The Bank of Thailand manages monetary policy with a managed float regime. Thailand is the world's second largest exporter of rice and a major producer of rubber, electronics, automobiles, and gems. Tourism is a critical economic sector - Thailand is among the world's top tourist destinations annually. The baht experienced a 40% devaluation in July 1997 that triggered the Asian Financial Crisis, spreading financial contagion across the region.
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).