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Easily convert MKD to CLF with ConvertOnline's efficient tool.
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.
The Unidad de Fomento (CLF) is a Chilean inflation-indexed unit of account used primarily for financial contracts, mortgages, and long-term loans. Its value is adjusted daily according to inflation, maintaining purchasing power over time, but it is not a circulating currency.