RAI
MKD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Rai Reflex Index(RAI) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 RAI at a value of 1 RAI for 169.03 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Rai Reflex Index currency pair is the RAI to MKD, with for Rai Reflex Index's currency code being RAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
RAI to MKD conversion rate trend
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In the past 1D, Rai Reflex Index has changed -0.30% to MKD. Based on the trend and price charts, Rai Reflex Index(RAI) has changed -0.30% to MKD while Macedonian Denar(MKD) has changed % to RAI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ден169.09 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ден168.2 | 0.1000% / 0.1000% | Yes |
Last updated 2024/10/05 00:00:23(UTC+0)
How to buy Rai Reflex Index
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Buy Rai Reflex Index (RAI)
Use a variety of payment options to buy Rai Reflex Index on Bitget. We'll show you how.
Buy RAI (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of RAI with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy RAI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAI (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of RAI to MKD. However, you can first exchange RAI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Rai Reflex Index to Macedonian Denar?
Rai Reflex Index to Macedonian Denar is falling this week.Rai Reflex Index's current market price is ден 169.03 per RAI, with a total market cap of ден 200,691,483.81 MKD based on a circulating supply of 1,187,323.9 RAI. The trading volume of Rai Reflex Index has changed by -35.48% (ден -1,026,048.12 MKD) in the last 24 hours. Last trading day, RAI's trading volume was ден 2,892,280.61.
Market cap
$3.58M
24h volume
$33.26K
Circulating supply
1.19M RAI
Conversion tables
The exchange rate of Rai Reflex Index is increasing.1 RAI is currently valued at ден 169.03 MKD , which means buying 5 RAI will cost ден 845.14 MKD . Similarly, ден1 MKD can be traded for 0.005916 RAI, and ден50 MKD can be converted to 0.2958 RAI, excluding any platform or gas fees.
The exchange rate of 1 RAI to Macedonian Denar has changed by -1.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.30%, reaching a high of 170.04 MKD and a low of 169.02 MKD . One month ago, the value of 1 RAI was ден 167.3 MKD , which represents a +1.03% change from its current value. Over the last year, Rai Reflex Index has changed by , resulting in a change of +9.46% in its value.
+ден
14.61MKDRAI to MKD
Amount
02:16 am today
0.5 RAI
ден84.51
1 RAI
ден169.03
5 RAI
ден845.14
10 RAI
ден1,690.28
50 RAI
ден8,451.42
100 RAI
ден16,902.84
500 RAI
ден84,514.21
1000 RAI
ден169,028.42
MKD to RAI
Amount02:16 am today
0.5MKD0.002958 RAI
1MKD0.005916 RAI
5MKD0.02958 RAI
10MKD0.05916 RAI
50MKD0.2958 RAI
100MKD0.5916 RAI
500MKD2.96 RAI
1000MKD5.92 RAI
Today vs. 24 hours ago
| Amount | 02:16 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAI | $1.51 | $1.51 | -0.30% |
| 1 RAI | $3.01 | $3.02 | -0.30% |
| 5 RAI | $15.06 | $15.11 | -0.30% |
| 10 RAI | $30.13 | $30.22 | -0.30% |
| 50 RAI | $150.64 | $151.09 | -0.30% |
| 100 RAI | $301.28 | $302.18 | -0.30% |
| 500 RAI | $1,506.42 | $1,510.89 | -0.30% |
| 1000 RAI | $3,012.83 | $3,021.78 | -0.30% |
Today vs. 1 month ago
| Amount | 02:16 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAI | $1.51 | $1.49 | +1.03% |
| 1 RAI | $3.01 | $2.98 | +1.03% |
| 5 RAI | $15.06 | $14.91 | +1.03% |
| 10 RAI | $30.13 | $29.82 | +1.03% |
| 50 RAI | $150.64 | $149.1 | +1.03% |
| 100 RAI | $301.28 | $298.2 | +1.03% |
| 500 RAI | $1,506.42 | $1,491.01 | +1.03% |
| 1000 RAI | $3,012.83 | $2,982.03 | +1.03% |
Today vs. 1 year ago
| Amount | 02:16 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAI | $1.51 | $1.38 | +9.46% |
| 1 RAI | $3.01 | $2.75 | +9.46% |
| 5 RAI | $15.06 | $13.76 | +9.46% |
| 10 RAI | $30.13 | $27.52 | +9.46% |
| 50 RAI | $150.64 | $137.62 | +9.46% |
| 100 RAI | $301.28 | $275.24 | +9.46% |
| 500 RAI | $1,506.42 | $1,376.21 | +9.46% |
| 1000 RAI | $3,012.83 | $2,752.43 | +9.46% |
Rai Reflex Index price prediction
What will the price of RAI be in 2025?
Based on RAI's historical price performance prediction model, the price of RAI is projected to reach $3.5 in 2025.
What will the price of RAI be in 2030?
In 2030, the RAI price is expected to change by +3.00%. By the end of 2030, the RAI price is projected to reach $5.94, with a cumulative ROI of +97.46%.
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Popular Rai Reflex Index conversions
Check out these popular currency conversions of Rai Reflex Index to several fiat currencies.
Rai Reflex Index to USD
1 RAI to $ 3.01 USD
Rai Reflex Index to GBP
1 RAI to £ 2.3 GBP
Rai Reflex Index to EUR
1 RAI to € 2.74 EUR
Rai Reflex Index to KRW
1 RAI to ₩ 4,057.9 KRW
Rai Reflex Index to CAD
1 RAI to $ 4.09 CAD
Rai Reflex Index to AUD
1 RAI to $ 4.42 AUD
Rai Reflex Index to JPY
1 RAI to ¥ 447.93 JPY
Rai Reflex Index to BRL
1 RAI to R$ 16.44 BRL
Rai Reflex Index to CNY
1 RAI to ¥ 21.26 CNY
Rai Reflex Index to TWD
1 RAI to NT$ 97.27 TWD
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1 SOL to ден 8,036.89 MKD
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1 ETH to ден 135,536.36 MKD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Rai Reflex Index and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Rai Reflex Index and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Rai Reflex Index in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
