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.
BTC to MKD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ден0.01949 | 0.0200% / 0.0320%VIP 7 |
How to buy Satoshi Pumpomoto
Buy BTC (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
T Trade Peru 3 trades|Completion rate 17.00% | 111229.7 USD | Amount0.08 BTC Limit10 - 8500 USD |
Sell BTC (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
O OXI_ 25 trades|Completion rate 81.00% | 57000 USD | Amount0.2 BTC Limit10 - 2000 USD | ||
C Camilo171 1 trades|Completion rate 100.00% | 56000 USD | Amount0.49969731 BTC Limit10 - 28000 USD | ||
P Prego Exchange 0 trades|Completion rate 0.00% | 53390.256 USD | Amount1 BTC Limit1000 - 7000 USD | ||
J Joseherrerag 0 trades|Completion rate 0.00% | 50887.587 USD | Amount1 BTC Limit1000 - 4800 USD | ||
O Oredo 1 trades|Completion rate 100.00% | 47272.622 USD | Amount0.98741005 BTC Limit20 - 900 USD |
What factors influence the conversion rate of Satoshi Pumpomoto to Macedonian Denar?
Satoshi Pumpomoto to Macedonian Denar is rising this week.Conversion tables
The exchange rate of Satoshi Pumpomoto is decreasing.BTC to MKD
MKD to BTC
Today vs. 24 hours ago
Amount | 07:47 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BTC | $0.0001714 | $0.0001626 | +5.37% |
1 BTC | $0.0003427 | $0.0003253 | +5.37% |
5 BTC | $0.001714 | $0.001626 | +5.37% |
10 BTC | $0.003427 | $0.003253 | +5.37% |
50 BTC | $0.01714 | $0.01626 | +5.37% |
100 BTC | $0.03427 | $0.03253 | +5.37% |
500 BTC | $0.1714 | $0.1626 | +5.37% |
1000 BTC | $0.3427 | $0.3253 | +5.37% |
Today vs. 1 month ago
Amount | 07:47 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 BTC | $0.0001714 | $0.0002686 | -36.19% |
1 BTC | $0.0003427 | $0.0005371 | -36.19% |
5 BTC | $0.001714 | $0.002686 | -36.19% |
10 BTC | $0.003427 | $0.005371 | -36.19% |
50 BTC | $0.01714 | $0.02686 | -36.19% |
100 BTC | $0.03427 | $0.05371 | -36.19% |
500 BTC | $0.1714 | $0.2686 | -36.19% |
1000 BTC | $0.3427 | $0.5371 | -36.19% |
Today vs. 1 year ago
Amount | 07:47 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BTC | $0.0001714 | $0.00 | -- |
1 BTC | $0.0003427 | $0.00 | -- |
5 BTC | $0.001714 | $0.00 | -- |
10 BTC | $0.003427 | $0.00 | -- |
50 BTC | $0.01714 | $0.00 | -- |
100 BTC | $0.03427 | $0.00 | -- |
500 BTC | $0.1714 | $0.00 | -- |
1000 BTC | $0.3427 | $0.00 | -- |
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