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Maker to Macedonian Denar Converter and calculator

Convert 1Maker (MKR) to Macedonian Denar (MKD) equals ден 171,300.3 | 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 Maker currency pair is the MKR to MKD, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

MKR to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Maker has changed -8.01% to MKD. Based on the trend and price charts, Maker(MKR) has changed -8.01% to MKD while Macedonian Denar(MKD) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден169,460.17
0.0001% / 0.0004%vip-iconVIP
Binance
ден169,692.28
0.1000% / 0.1000%
Yes
OKX
ден169,403.59
0.080% / 0.100%
Yes
Huobi
ден169,491.92
0.1000% / 0.1000%
Yes
Gate.io
ден169,100.46
0.1000% / 0.1000%
Yes
Bybit
ден169,461.32
0.1000% / 0.1000%
Yes
KuCoin
ден169,127.02
0.1000% / 0.1000%
Yes
Bitfinex
ден169,380.49
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 04:00:40(UTC+0)

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

Maker to Macedonian Denar is falling this week.
Maker's current market price is ден 171,300.3 per MKR, with a total market cap of ден 158,404,339,401.26 MKD based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by +3.54% (ден 259,930,479.81 MKD) in the last 24 hours. Last trading day, MKR's trading volume was ден 7,346,196,755.9.
Market cap
$2.74B
24h volume
$131.73M
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at ден 171,300.3 MKD , which means buying 5 MKR will cost ден 856,501.5 MKD . Similarly, ден1 MKD can be traded for 0.{5}5838 MKR, and ден50 MKD can be converted to 0.0002919 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Macedonian Denar has changed by -12.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.01%, reaching a high of 185,696.2 MKD and a low of 164,223.09 MKD . One month ago, the value of 1 MKR was ден 160,521.7 MKD , which represents a +6.71% change from its current value. Over the last year, Maker has changed by
+ден
14,285.88MKD
, resulting in a change of +312.39% in its value.

MKR to MKD

Amount
04:45 am today
0.5 MKR
ден85,650.15
1 MKR
ден171,300.3
5 MKR
ден856,501.5
10 MKR
ден1,713,002.99
50 MKR
ден8,565,014.97
100 MKR
ден17,130,029.93
500 MKR
ден85,650,149.65
1000 MKR
ден171,300,299.31

MKD to MKR

Amount04:45 am today
0.5MKD0.{5}2919  MKR
1MKD0.{5}5838  MKR
5MKD0.{4}2919  MKR
10MKD0.{4}5838  MKR
50MKD0.0002919  MKR
100MKD0.0005838  MKR
500MKD0.002919  MKR
1000MKD0.005838  MKR
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Today vs. 24 hours ago

Amount04:45 am today24 hours ago24h change
0.5 MKR$1,483.43$1,612.51
-8.01%
1 MKR$2,966.85$3,225.02
-8.01%
5 MKR$14,834.25$16,125.1
-8.01%
10 MKR$29,668.5$32,250.21
-8.01%
50 MKR$148,342.52$161,251.04
-8.01%
100 MKR$296,685.03$322,502.08
-8.01%
500 MKR$1,483,425.15$1,612,510.4
-8.01%
1000 MKR$2,966,850.3$3,225,020.8
-8.01%

Today vs. 1 month ago

Amount04:45 am today1 month ago1M change
0.5 MKR$1,483.43$1,390.08
+6.71%
1 MKR$2,966.85$2,780.17
+6.71%
5 MKR$14,834.25$13,900.85
+6.71%
10 MKR$29,668.5$27,801.69
+6.71%
50 MKR$148,342.52$139,008.47
+6.71%
100 MKR$296,685.03$278,016.94
+6.71%
500 MKR$1,483,425.15$1,390,084.7
+6.71%
1000 MKR$2,966,850.3$2,780,169.4
+6.71%

Today vs. 1 year ago

Amount04:45 am today1 year ago1Y change
0.5 MKR$1,483.43$359.71
+312.39%
1 MKR$2,966.85$719.42
+312.39%
5 MKR$14,834.25$3,597.12
+312.39%
10 MKR$29,668.5$7,194.25
+312.39%
50 MKR$148,342.52$35,971.24
+312.39%
100 MKR$296,685.03$71,942.48
+312.39%
500 MKR$1,483,425.15$359,712.4
+312.39%
1000 MKR$2,966,850.3$719,424.8
+312.39%

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.