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Monero to Macedonian Denar Converter and calculator

Convert 1Monero (XMR) to Macedonian Denar (MKD) equals ден 6,926.17 | 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 Monero currency pair is the XMR to MKD, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

XMR to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Monero has changed -2.80% to MKD. Based on the trend and price charts, Monero(XMR) has changed -2.80% to MKD while Macedonian Denar(MKD) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден6,926.17
0.0001% / 0.0004%vip-iconVIP
Binance
ден6,845.61
0.1000% / 0.1000%
Yes
Kraken
ден6,784.48
0.1000% / 0.1000%
Yes
OKX
ден9,169.77
0.080% / 0.100%
Yes
Huobi
ден6,776.98
0.1000% / 0.1000%
Yes
Gate.io
ден6,778.71
0.1000% / 0.1000%
Yes
KuCoin
ден6,772.94
0.1000% / 0.1000%
Yes
Bitfinex
ден6,786.21
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 16:00:35(UTC+0)

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

Monero to Macedonian Denar is falling this week.
Monero's current market price is ден 6,926.17 per XMR, with a total market cap of ден 127,604,682,726.52 MKD based on a circulating supply of 18,423,556 XMR. The trading volume of Monero has changed by +3.68% (ден 117,712,547.24 MKD) in the last 24 hours. Last trading day, XMR's trading volume was ден 3,202,191,165.27.
Market cap
$2.21B
24h volume
$57.57M
Circulating supply
18.42M XMR

Conversion tables

The exchange rate of Monero is decreasing.
1 XMR is currently valued at ден 6,926.17 MKD , which means buying 5 XMR will cost ден 34,630.85 MKD . Similarly, ден1 MKD can be traded for 0.0001444 XMR, and ден50 MKD can be converted to 0.007219 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Macedonian Denar has changed by -8.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.80%, reaching a high of 7,190.6 MKD and a low of 6,080.08 MKD . One month ago, the value of 1 XMR was ден 8,182.87 MKD , which represents a -15.36% change from its current value. Over the last year, Monero has changed by
-ден
2,495.35MKD
, resulting in a change of -26.48% in its value.

XMR to MKD

Amount
16:57 today
0.5 XMR
ден3,463.09
1 XMR
ден6,926.17
5 XMR
ден34,630.85
10 XMR
ден69,261.7
50 XMR
ден346,308.5
100 XMR
ден692,617.01
500 XMR
ден3,463,085.05
1000 XMR
ден6,926,170.1

MKD to XMR

Amount16:57 today
0.5MKD0.{4}7219  XMR
1MKD0.0001444  XMR
5MKD0.0007219  XMR
10MKD0.001444  XMR
50MKD0.007219  XMR
100MKD0.01444  XMR
500MKD0.07219  XMR
1000MKD0.1444  XMR
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Today vs. 24 hours ago

Amount16:57 today24 hours ago24h change
0.5 XMR$60.05$61.78
-2.80%
1 XMR$120.1$123.56
-2.80%
5 XMR$600.48$617.79
-2.80%
10 XMR$1,200.97$1,235.59
-2.80%
50 XMR$6,004.85$6,177.94
-2.80%
100 XMR$12,009.69$12,355.89
-2.80%
500 XMR$60,048.47$61,779.44
-2.80%
1000 XMR$120,096.93$123,558.88
-2.80%

Today vs. 1 month ago

Amount16:57 today1 month ago1M change
0.5 XMR$60.05$70.94
-15.36%
1 XMR$120.1$141.89
-15.36%
5 XMR$600.48$709.44
-15.36%
10 XMR$1,200.97$1,418.88
-15.36%
50 XMR$6,004.85$7,094.38
-15.36%
100 XMR$12,009.69$14,188.75
-15.36%
500 XMR$60,048.47$70,943.76
-15.36%
1000 XMR$120,096.93$141,887.53
-15.36%

Today vs. 1 year ago

Amount16:57 today1 year ago1Y change
0.5 XMR$60.05$81.68
-26.48%
1 XMR$120.1$163.37
-26.48%
5 XMR$600.48$816.83
-26.48%
10 XMR$1,200.97$1,633.65
-26.48%
50 XMR$6,004.85$8,168.26
-26.48%
100 XMR$12,009.69$16,336.53
-26.48%
500 XMR$60,048.47$81,682.64
-26.48%
1000 XMR$120,096.93$163,365.28
-26.48%

FAQ

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