MYR to MKD Exchange Rate - Convert Malaysian Ringgit to Macedonian Denar

Converting from Malaysian Ringgit (MYR) to Macedonian Denar (MKD)

What is Malaysian Ringgit (MYR)

The Malaysian Ringgit (MYR) is the official currency of Malaysia. It is symbolized by "RM" and is subdivided into 100 sen. The name "ringgit" means "jagged" in Malay, referring to the serrated edges of Spanish silver dollars that were used in the region.

Introduced in 1975, the Ringgit replaced the Malayan dollar as part of the country's transition to a more stable economy. The Bank Negara Malaysia, the central bank of Malaysia, is responsible for issuing and regulating the currency. The MYR is widely used throughout the country, with denominations including coins (1, 5, 10, 20, 50 sen, and 1 ringgit) and banknotes (1, 5, 10, 20, 50, and 100 ringgit).

The value of the MYR can fluctuate based on various economic factors, including trade balances, inflation rates, and political stability. As a result, it is influenced by both domestic and global markets.

What is Macedonian Denar (MKD)

The Macedonian Denar (MKD) is the official currency of North Macedonia. It is represented by the symbol "ден" (denar) and is subdivided into 100 deni. The denar was introduced as the official currency in 1992, following the country's independence from Yugoslavia.

The name "denar" is derived from the Latin "denarius," a historical Roman currency that was widely used throughout the Roman Empire. The National Bank of the Republic of North Macedonia is responsible for issuing the currency. The MKD comes in various denominations, including coins (1, 2, 5, 10, 50, and 100 deni) and banknotes (10, 50, 100, 200, 500, and 1000 denari).

The exchange rate of the MKD is influenced by domestic economic conditions, international trade, and foreign investment. Like many currencies, the value of the MKD fluctuates against other currencies, impacting how it is converted into and from currencies like the Malaysian Ringgit (MYR).

Converting MYR to MKD

When converting Malaysian Ringgit (MYR) to Macedonian Denar (MKD), the exchange rate is essential. One can find the current rates through various financial institutions or currency conversion websites.

The conversion formula is simple: if the exchange rate is defined as X denars per ringgit, then to convert an amount Y MYR to MKD, you simply compute the following:

MKD = Y × X

This means that if you have 100 MYR and the exchange rate is 15 MKD per MYR, the amount in MKD would be:

MKD = 100 × 15 = 1500

Understanding these currencies can help travelers, businesses, and investors make informed financial decisions when engaging in transactions involving Malaysian Ringgit and Macedonian Denar.

Malaysian Ringgit to Macedonian Denar conversion table

MYR to MKD conversion table

Malaysian Ringgit (MYR)Macedonian Denar (MKD)
1 MYR12.80391077305 MKD
2 MYR25.6078215461 MKD
3 MYR38.41173231914 MKD
4 MYR51.21564309219 MKD
5 MYR64.01955386524 MKD
6 MYR76.82346463829 MKD
7 MYR89.62737541134 MKD
8 MYR102.43128618439 MKD
9 MYR115.23519695743 MKD
10 MYR128.03910773048 MKD
100 MYR1 280.39107730482 MKD
200 MYR2 560.78215460963 MKD
300 MYR3 841.17323191445 MKD
400 MYR5 121.56430921926 MKD
500 MYR6 401.95538652408 MKD
600 MYR7 682.3464638289 MKD
700 MYR8 962.73754113371 MKD
800 MYR10 243.12861843853 MKD
900 MYR11 523.51969574334 MKD
1 000 MYR12 803.91077304816 MKD
2 000 MYR25 607.82154609632 MKD
5 000 MYR64 019.5538652408 MKD
10 000 MYR128 039.1077304816 MKD
20 000 MYR256 078.2154609632 MKD
50 000 MYR640 195.53865240799 MKD
100 000 MYR1 280 391.07730481598 MKD
Last updated April 2, 2025 at 10:55 PM