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Dai to Macedonian Denar Converter and calculator

Convert 1Dai (DAI) to Macedonian Denar (MKD) equals ден 57.76 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Dai(DAI) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 57.76 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Dai currency pair is the DAI to MKD, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

DAI to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed -0.02% to MKD. Based on the trend and price charts, Dai(DAI) has changed -0.02% to MKD while Macedonian Denar(MKD) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден57.74
0.0001% / 0.0004%vip-iconVIP
Kraken
ден57.72
0.1000% / 0.1000%
Yes
OKX
ден57.79
0.080% / 0.100%
Yes
Huobi
ден57.72
0.1000% / 0.1000%
Yes
Gate.io
ден57.71
0.1000% / 0.1000%
Yes
Bybit
ден57.72
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:27(UTC+0)

What factors influence the conversion rate of Dai to Macedonian Denar?

Dai to Macedonian Denar is rising this week.
Dai's current market price is ден 57.76 per DAI, with a total market cap of ден 308,870,440,240.16 MKD based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by +19.31% (ден 9,095,218,212.17 MKD) in the last 24 hours. Last trading day, DAI's trading volume was ден 47,103,761,540.92.
Market cap
$5.35B
24h volume
$973.26M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is decreasing.
1 DAI is currently valued at ден 57.76 MKD , which means buying 5 DAI will cost ден 288.78 MKD . Similarly, ден1 MKD can be traded for 0.01731 DAI, and ден50 MKD can be converted to 0.8657 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Macedonian Denar has changed by +0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 57.77 MKD and a low of 57.74 MKD . One month ago, the value of 1 DAI was ден 57.78 MKD , which represents a -0.04% change from its current value. Over the last year, Dai has changed by
+ден
0.02307MKD
, resulting in a change of +0.04% in its value.

DAI to MKD

Amount
13:07 today
0.5 DAI
ден28.88
1 DAI
ден57.76
5 DAI
ден288.78
10 DAI
ден577.56
50 DAI
ден2,887.78
100 DAI
ден5,775.56
500 DAI
ден28,877.79
1000 DAI
ден57,755.59

MKD to DAI

Amount13:07 today
0.5MKD0.008657  DAI
1MKD0.01731  DAI
5MKD0.08657  DAI
10MKD0.1731  DAI
50MKD0.8657  DAI
100MKD1.73  DAI
500MKD8.66  DAI
1000MKD17.31  DAI
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Today vs. 24 hours ago

Amount13:07 today24 hours ago24h change
0.5 DAI$0.5001$0.5002
-0.02%
1 DAI$1$1
-0.02%
5 DAI$5$5
-0.02%
10 DAI$10$10
-0.02%
50 DAI$50.01$50.02
-0.02%
100 DAI$100.02$100.04
-0.02%
500 DAI$500.11$500.21
-0.02%
1000 DAI$1,000.21$1,000.41
-0.02%

Today vs. 1 month ago

Amount13:07 today1 month ago1M change
0.5 DAI$0.5001$0.5003
-0.04%
1 DAI$1$1
-0.04%
5 DAI$5$5
-0.04%
10 DAI$10$10.01
-0.04%
50 DAI$50.01$50.03
-0.04%
100 DAI$100.02$100.06
-0.04%
500 DAI$500.11$500.3
-0.04%
1000 DAI$1,000.21$1,000.6
-0.04%

Today vs. 1 year ago

Amount13:07 today1 year ago1Y change
0.5 DAI$0.5001$0.4999
+0.04%
1 DAI$1$0.9998
+0.04%
5 DAI$5$5
+0.04%
10 DAI$10$10
+0.04%
50 DAI$50.01$49.99
+0.04%
100 DAI$100.02$99.98
+0.04%
500 DAI$500.11$499.91
+0.04%
1000 DAI$1,000.21$999.81
+0.04%

FAQ

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.