1 MKD (Macedonian Denar) is approximately equal to 0.1171 RMB. Denar is the official currency of the Republic of Macedonia. Dener comes from the ancient Roman monetary unit 'denarius'. The currency can be represented using the symbol ден and can be divided into 100 deni. The first denar came into existence in April 26, 1992 by the national bank, replacing the Yugoslav dinar. In 1993, it was again reintroduced with the rate of 1 MKD equal to 100 old denari.