Macedonian Denar


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Macedonian Denar

The currency of Macedonia. It was introduced in 1992 following the fall of the former Yugoslavia, replacing the Yugoslav dinar at face value. The following year, it was devalued such that the new denar was equivalent to 100 of the old denar.
References in periodicals archive ?
As part of the bid, the economic operator must submit a bid security (guarantee of participation) in the amount of 3 % of the total bid value, excluding VAT, expressed in Macedonian currency Macedonian denar / MKD
The realization of the operation of replacing the Yugoslav dinars with Macedonian denars was not simple at all.

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