Convert Macedonian Denar to Tanzanian Shilling

Convert Macedonian Denar (MKD) to Tanzanian Shilling (TZS) using daily updated exchange rates.

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Macedonian Denar (MKD)
Tanzanian Shilling (TZS)

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 Tanzanian Shilling

The Tanzanian Shilling (TZS) has been the official currency of Tanzania since 1966, replacing the East African shilling. The Bank of Tanzania manages monetary policy. Tanzania is one of Africa's largest and fastest growing economies, with significant revenues from tourism (safari - Serengeti, Ngorongoro Crater; Kilimanjaro; Zanzibar), gold mining, coffee, tea, cotton, and increasingly extractable natural gas reserves. The country hosts the Serengeti, one of the world's greatest wildlife spectacles, and is home to Mount Kilimanjaro, Africa's highest peak.

Quick Reference Table

Macedonian Denar (MKD)Tanzanian Shilling (TZS)
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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).

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