MKD information
About Macedonian Denar (MKD)
The Macedonian Denar (MKD), introduced in 1992, is more than just the official currency of North Macedonia; it represents the country's transition from a Yugoslav republic to an independent nation with aspirations for economic growth and stability. It is commonly abbreviated as MKD and represented by the symbol ден.
Historical Background
The introduction of the Denar was a crucial part of North Macedonia’s journey to sovereignty following the breakup of Yugoslavia. Replacing the Yugoslav Dinar, the Macedonian Denar symbolized a new era of self-determination and was instrumental in establishing a separate and independent monetary policy.
Design and Symbolism
The design of the Macedonian Denar is a rich tapestry of the country's history, culture, and natural beauty. Banknotes and coins feature images of historical figures, ancient artifacts, and architectural landmarks, reflecting Macedonia's cultural heritage and identity. These designs not only facilitate economic transactions but also serve as a source of national pride and identity.
Economic Role
The Denar plays a vital role in North Macedonia’s economy, characterized by its diverse sectors including agriculture, textiles, and a growing tourism industry. As the primary medium of exchange, it supports these economic activities, facilitating trade, investment, and everyday financial transactions of individuals and businesses.
Monetary Policy and Inflation
Managed by the National Bank of the Republic of North Macedonia, the Denar has maintained relative stability, benefiting from prudent fiscal and monetary policies. The central bank’s strategies aim to maintain currency stability, control inflation, and foster a healthy economic environment conducive to growth and investment.
International Trade and the Macedonian Denar
The Denar’s exchange rate plays a significant role in international trade, particularly for North Macedonia's exports such as iron, steel, and agricultural products. A stable Denar is crucial for maintaining competitive export prices and attracting foreign direct investment.
Remittances and Economic Impact
Remittances from the Macedonian diaspora, particularly from Europe and North America, are an important source of foreign income. These inflows, converted into Denars, significantly contribute to the national economy and support the currency's stability.
BOG to MKD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ден0.{7}6231 | 0.0200% / 0.0320%VIP 7 |
How to buy Bogdanoff
Buy BOG (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
n ninos.finance 343 trades|Completion rate 100.00% | 0.999 USD | Amount50 USDT Limit10 - 25 USD | ||
金 金边安欣币行 362 trades|Completion rate 100.00% | 1 USD | Amount897.28 USDT Limit10 - 700 USD | ||
O OTEDOLA 71 trades|Completion rate 97.00% | 1 USD | Amount300 USDT Limit10 - 300 USD | ||
P Ponreay_FX 166 trades|Completion rate 99.00% | 1.001 USD | Amount1000 USDT Limit10 - 1001 USD | ||
R Recharge 42 trades|Completion rate 100.00% | 1.029 USD | Amount295.72 USDT Limit10 - 304 USD |
Sell BOG (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
S Suarman Trades 16 trades|Completion rate 94.00% | 1.2 USD | Amount40000 USDT Limit1200 - 46000 USD | ||
R Recharge 42 trades|Completion rate 100.00% | 1.197 USD | Amount1463 USDT Limit10 - 1007 USD | ||
c cR7_trader 3 trades|Completion rate 100.00% | 1.123 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
B BGUSER-VBXPGM6X 46 trades|Completion rate 92.00% | 1.122 USD | Amount99576.3 USDT Limit10 - 50000 USD | ||
D DimTrade 0 trades|Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD |
What factors influence the conversion rate of Bogdanoff to Macedonian Denar?
Bogdanoff to Macedonian Denar is falling this week.Conversion tables
The exchange rate of Bogdanoff is decreasing.BOG to MKD
MKD to BOG
Today vs. 24 hours ago
Amount | 05:16 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BOG | $0.{9}5479 | $0.{9}5351 | +2.41% |
1 BOG | $0.{8}1096 | $0.{8}1070 | +2.41% |
5 BOG | $0.{8}5479 | $0.{8}5351 | +2.41% |
10 BOG | $0.{7}1096 | $0.{7}1070 | +2.41% |
50 BOG | $0.{7}5479 | $0.{7}5351 | +2.41% |
100 BOG | $0.{6}1096 | $0.{6}1070 | +2.41% |
500 BOG | $0.{6}5479 | $0.{6}5351 | +2.41% |
1000 BOG | $0.{5}1096 | $0.{5}1070 | +2.41% |
Today vs. 1 month ago
Amount | 05:16 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 BOG | $0.{9}5479 | $0.{9}9416 | -42.13% |
1 BOG | $0.{8}1096 | $0.{8}1883 | -42.13% |
5 BOG | $0.{8}5479 | $0.{8}9416 | -42.13% |
10 BOG | $0.{7}1096 | $0.{7}1883 | -42.13% |
50 BOG | $0.{7}5479 | $0.{7}9416 | -42.13% |
100 BOG | $0.{6}1096 | $0.{6}1883 | -42.13% |
500 BOG | $0.{6}5479 | $0.{6}9416 | -42.13% |
1000 BOG | $0.{5}1096 | $0.{5}1883 | -42.13% |
Today vs. 1 year ago
Amount | 05:16 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BOG | $0.{9}5479 | $0.{9}5594 | -2.08% |
1 BOG | $0.{8}1096 | $0.{8}1119 | -2.08% |
5 BOG | $0.{8}5479 | $0.{8}5594 | -2.08% |
10 BOG | $0.{7}1096 | $0.{7}1119 | -2.08% |
50 BOG | $0.{7}5479 | $0.{7}5594 | -2.08% |
100 BOG | $0.{6}1096 | $0.{6}1119 | -2.08% |
500 BOG | $0.{6}5479 | $0.{6}5594 | -2.08% |
1000 BOG | $0.{5}1096 | $0.{5}1119 | -2.08% |
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