MKD to MOP - Currency converter
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Currency Pair MOPMKD: An Overview
The currency pair MOPMKD represents the exchange rate between the Macanese pataca (MOP) and the Macedonian denar (MKD). To better understand this currency pair, let's first take a closer look at the two currencies involved.
Macanese Pataca (MOP)
The Macanese pataca, often abbreviated as MOP, is the official currency of Macao, a special administrative region of China. The pataca was introduced in 1894 and is divided into 100 avos. The currency is closely tied to the Hong Kong dollar (HKD), meaning its value often follows changes in the HKD. Macao's economy is heavily reliant on tourism and gaming, which can impact the pataca's exchange rate.
Macedonian Denar (MKD)
The Macedonian denar, abbreviated as MKD, is the official currency of North Macedonia. The denar was introduced in 1993 after the country gained independence from Yugoslavia. One denar is divided into 100 deni. North Macedonia's economy is diversified with significant contributions from agriculture, industry, and the services sector. The denar's exchange rate can be influenced by both domestic factors and international economic events.
Convert MOP to MKD
To convert Macanese pataca (MOP) to Macedonian denar (MKD) or vice versa, you can use our currency converter. Follow these simple steps:
- Enter the amount you want to convert.
- Select the original currency (MOP or MKD).
- Choose the target currency (MKD or MOP).
- The conversion will happen automatically, and the result will be displayed instantly.
In addition to converting between MOP and MKD, you can also convert between other currencies on the same page. A chart with historical data for the currency pair MOPMKD is presented along with the conversion, giving you a visual overview of the currency's performance over time.
Summary
Understanding the currency pair MOPMKD can be crucial for individuals and businesses involved in transactions between Macao and North Macedonia. With our currency converter, you can easily and quickly convert between different currencies and stay updated on exchange rates.