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Easily convert MAD to MKD with ConvertOnline's efficient tool.
The Moroccan Dirham (MAD) is the official currency of Morocco, serving as a medium of exchange for goods and services within the country. It is subdivided into 100 centimes, and its symbol is often represented as د.م. or MAD. The currency is regulated by Bank Al-Maghrib, the central bank of Morocco, which helps maintain its stability and manage inflation.
The Macedonian Denar (MKD) is the official currency of North Macedonia, introduced in 1992 after the country gained independence from Yugoslavia. It is subdivided into 100 deni, and the currency is issued by the National Bank of North Macedonia. The Denar plays a crucial role in the country's economy, facilitating trade, investment, and daily transactions for individuals and businesses alike.