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base info Injective

Injective to Macedonian Denar Converter and calculator

Convert 1Injective (INJ) to Macedonian Denar (MKD) equals ден 1,591.97 | Bitget

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 Injective currency pair is the INJ to MKD, with for Injective's currency code being INJ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

INJ to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Injective has changed +5.04% to MKD. Based on the trend and price charts, Injective(INJ) has changed +5.04% to MKD while Macedonian Denar(MKD) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден1,591.96
0.0001% / 0.0004%vip-iconVIP
Binance
ден1,591.95
0.1000% / 0.1000%
Yes
OKX
ден1,592.41
0.080% / 0.100%
Yes
Huobi
ден1,593.52
0.1000% / 0.1000%
Yes
Gate.io
ден1,591.66
0.1000% / 0.1000%
Yes
Bybit
ден1,594.08
0.1000% / 0.1000%
Yes
KuCoin
ден1,591.54
0.1000% / 0.1000%
Yes
Bitfinex
ден1,607.29
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 18:00:35(UTC+0)

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

Injective to Macedonian Denar is falling this week.
Injective's current market price is ден 1,591.97 per INJ, with a total market cap of ден 148,689,752,903.21 MKD based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by +46.60% (ден 4,234,398,465.56 MKD) in the last 24 hours. Last trading day, INJ's trading volume was ден 9,086,068,050.17.
Market cap
$2.58B
24h volume
$230.94M
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at ден 1,591.97 MKD , which means buying 5 INJ will cost ден 7,959.84 MKD . Similarly, ден1 MKD can be traded for 0.0006282 INJ, and ден50 MKD can be converted to 0.03141 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Macedonian Denar has changed by -14.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.04%, reaching a high of 1,664.32 MKD and a low of 1,431.66 MKD . One month ago, the value of 1 INJ was ден 2,119.69 MKD , which represents a -24.90% change from its current value. Over the last year, Injective has changed by
+ден
522.18MKD
, resulting in a change of +222.88% in its value.

INJ to MKD

Amount
18:02 today
0.5 INJ
ден795.98
1 INJ
ден1,591.97
5 INJ
ден7,959.84
10 INJ
ден15,919.67
50 INJ
ден79,598.37
100 INJ
ден159,196.74
500 INJ
ден795,983.69
1000 INJ
ден1,591,967.38

MKD to INJ

Amount18:02 today
0.5MKD0.0003141  INJ
1MKD0.0006282  INJ
5MKD0.003141  INJ
10MKD0.006282  INJ
50MKD0.03141  INJ
100MKD0.06282  INJ
500MKD0.3141  INJ
1000MKD0.6282  INJ
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Today vs. 24 hours ago

Amount18:02 today24 hours ago24h change
0.5 INJ$13.8$13.14
+5.04%
1 INJ$27.6$26.28
+5.04%
5 INJ$138$131.38
+5.04%
10 INJ$276$262.76
+5.04%
50 INJ$1,380.02$1,313.81
+5.04%
100 INJ$2,760.04$2,627.62
+5.04%
500 INJ$13,800.19$13,138.09
+5.04%
1000 INJ$27,600.37$26,276.18
+5.04%

Today vs. 1 month ago

Amount18:02 today1 month ago1M change
0.5 INJ$13.8$18.37
-24.90%
1 INJ$27.6$36.75
-24.90%
5 INJ$138$183.75
-24.90%
10 INJ$276$367.5
-24.90%
50 INJ$1,380.02$1,837.48
-24.90%
100 INJ$2,760.04$3,674.96
-24.90%
500 INJ$13,800.19$18,374.78
-24.90%
1000 INJ$27,600.37$36,749.56
-24.90%

Today vs. 1 year ago

Amount18:02 today1 year ago1Y change
0.5 INJ$13.8$4.27
+222.88%
1 INJ$27.6$8.55
+222.88%
5 INJ$138$42.74
+222.88%
10 INJ$276$85.47
+222.88%
50 INJ$1,380.02$427.36
+222.88%
100 INJ$2,760.04$854.72
+222.88%
500 INJ$13,800.19$4,273.62
+222.88%
1000 INJ$27,600.37$8,547.25
+222.88%

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.