MKD to CDF
Currency conversion rates from MKD to CDF
|1 MKD||1 CDF|
|5 MKD||5 CDF|
|10 MKD||10 CDF|
|20 MKD||20 CDF|
|50 MKD||50 CDF|
|100 MKD||100 CDF|
|250 MKD||250 CDF|
|500 MKD||500 CDF|
|1000 MKD||1000 CDF|
|2000 MKD||2000 CDF|
|5000 MKD||5000 CDF|
|10000 MKD||10000 CDF|
|1 CDF||1 MKD|
|5 CDF||5 MKD|
|10 CDF||10 MKD|
|20 CDF||20 MKD|
|50 CDF||50 MKD|
|100 CDF||100 MKD|
|250 CDF||250 MKD|
|500 CDF||500 MKD|
|1000 CDF||1000 MKD|
|2000 CDF||2000 MKD|
|5000 CDF||5000 MKD|
|10000 CDF||10000 MKD|
CDF - Congolese Franc (CDF)
The official currency of the Democratic Republic of Congo is the Congolese Franc (CDF). The symbol for the Franc is FC. The Franc is subdivided into 100 centimes. There were two editions of the Franc; the second edition is the new Congolese Franc.
The Franc Congolais is the currency in Congo (CD, COD). The Franc Congolais is divided into 100 centimes. The exchange rate for the Franc Congolais was last updated on May 24, 2019 from Yahoo Finance. The CDF conversion factor has 5 significant digits.
- The Democratic Republic of Congo has a vast amount of mineral and other natural resources. The estimated value of the untapped raw material is +/- 24 trillion USD.
- Agriculture accounts for 57% of the GDP. Products of the agriculture industry are rubber, tea, cotton, sugar, palm oil, and coffee.
- The Congo relies on the mining industry.
- The main industries are consumer products, mining, cement, and commercial ship repair.
- Export products are crude oil, wood products, coffee, copper, gold, diamonds, and cobalt.
- Import products are transportation equipment, mining and other machinery, and food.
- There is a lot of economy activity in the informal sectors that is not included in the GDP.
- The first and second wars that took place in the 1960s negatively impacted the economy.
- The government is establishing economic zones to help get the industrial sector started.
- The first Franc was introduced in 1887. It had the same value as the Belgian Franc.
- In 1916, the Congolese Franc also circulated in the countries of Burundi and Rwanda; however, they later issued their own Franc.
- In 1967, Congo declared independence and the Franc was replaced with the Zaire at 1,000 Francs = 1 Zaire.
- In 1997, the Franc was re-introduced and the Zaire was eliminated. The exchange rate was 100,000 new Zaires = 1 Franc.
- In 2010, the Central Bank printed commemorative notes to celebrate the 50th anniversary of the country’s independence from Belgium.
MKD - Macedonian Denar (ден)
The Macedonian Denar is the official currency of the former Yugoslav Republic of Macedonia. The exchange rate of the Denar is based on the demand and supply of foreign trade. Money supply and interest rates are dictated by the exchange rate, which is 61 Denars = 1 Euro. With this exchange rate target, Macedonia’s Central Bank has maintained a steady exchange rate for the Denar against the Euro.
The Macedonia Denar is the currency in Macedonia (The Former Yugoslav Republic, MK, MKD). The symbol for MKD can be written MKD. The Macedonia Denar is divided into 100 deni. The exchange rate for the Macedonia Denar was last updated on May 24, 2019 from Yahoo Finance. The MKD conversion factor has 4 significant digits.
- Macedonia’s economy is currently based on exports of its gas, oil, and machinery.
- Macedonia was considered the least developed of the Yugoslavia Republic states when they became independent in September 1991. Its goods and services had contributed only 5% of the national output.
- The separation from Yugoslavia depressed Macedonia’s protected markets and its transfer of payments from the Yugoslavia government.
- Macedonia’s economic growth was further delayed until the year 1996, due to UN sanctions on the Federal Republic of Yugoslavia and Greek economic restrictions.
- Worker payments and foreign assistance lessened instability during the recovery period. Macedonia’s GDP growth reached 5% in 2000.
- On April 26, 1992 the Macedonian Denar was introduced to replace the Yugoslav Dinar at par.
- On May 5, 1993 a new Macedonian Denar was issued; 1 new Denar = 100 old Denar.