South African Rand to Macedonian Denar | Bank

The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961 when it replaced the South African pound. The Rand is also legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho, and Namibia.

The Macedonian Denar (MKD) is the official currency of North Macedonia. Introduced in 1992 following the country's independence, it is issued by the National Bank of the Republic of North Macedonia. The currency plays a crucial role in the nation's economy and financial stability.