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base info OKB

OKB to Macedonian Denar Converter and calculator

Convert 1OKB (OKB) to Macedonian Denar (MKD) equals ден 3,377.38 | 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 OKB currency pair is the OKB to MKD, with for OKB's currency code being OKB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

OKB to MKD conversion rate trend

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In the past 1D, OKB has changed +5.92% to MKD. Based on the trend and price charts, OKB(OKB) has changed +5.92% to MKD while Macedonian Denar(MKD) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден3,377.38
0.0001% / 0.0004%vip-iconVIP
OKX
ден3,391.42
0.080% / 0.100%
Yes
Gate.io
ден3,385.63
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 13:00:16(UTC+0)

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

OKB to Macedonian Denar is falling this week.
OKB's current market price is ден 3,377.38 per OKB, with a total market cap of ден 202,642,773,931.79 MKD based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by +411.48% (ден 2,577,886,571.22 MKD) in the last 24 hours. Last trading day, OKB's trading volume was ден 626,494,234.13.
Market cap
$3.50B
24h volume
$55.29M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at ден 3,377.38 MKD , which means buying 5 OKB will cost ден 16,886.9 MKD . Similarly, ден1 MKD can be traded for 0.0002961 OKB, and ден50 MKD can be converted to 0.01480 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Macedonian Denar has changed by -0.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.92%, reaching a high of 3,578.86 MKD and a low of 3,112.12 MKD . One month ago, the value of 1 OKB was ден 3,690.71 MKD , which represents a -8.49% change from its current value. Over the last year, OKB has changed by
+ден
2.94MKD
, resulting in a change of +13.77% in its value.

OKB to MKD

Amount
13:50 today
0.5 OKB
ден1,688.69
1 OKB
ден3,377.38
5 OKB
ден16,886.9
10 OKB
ден33,773.8
50 OKB
ден168,868.98
100 OKB
ден337,737.96
500 OKB
ден1,688,689.78
1000 OKB
ден3,377,379.55

MKD to OKB

Amount13:50 today
0.5MKD0.0001480  OKB
1MKD0.0002961  OKB
5MKD0.001480  OKB
10MKD0.002961  OKB
50MKD0.01480  OKB
100MKD0.02961  OKB
500MKD0.1480  OKB
1000MKD0.2961  OKB
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Today vs. 24 hours ago

Amount13:50 today24 hours ago24h change
0.5 OKB$29.14$27.51
+5.92%
1 OKB$58.28$55.02
+5.92%
5 OKB$291.39$275.1
+5.92%
10 OKB$582.78$550.2
+5.92%
50 OKB$2,913.89$2,750.98
+5.92%
100 OKB$5,827.77$5,501.95
+5.92%
500 OKB$29,138.85$27,509.77
+5.92%
1000 OKB$58,277.71$55,019.53
+5.92%

Today vs. 1 month ago

Amount13:50 today1 month ago1M change
0.5 OKB$29.14$31.84
-8.49%
1 OKB$58.28$63.68
-8.49%
5 OKB$291.39$318.42
-8.49%
10 OKB$582.78$636.84
-8.49%
50 OKB$2,913.89$3,184.21
-8.49%
100 OKB$5,827.77$6,368.43
-8.49%
500 OKB$29,138.85$31,842.14
-8.49%
1000 OKB$58,277.71$63,684.29
-8.49%

Today vs. 1 year ago

Amount13:50 today1 year ago1Y change
0.5 OKB$29.14$25.61
+13.77%
1 OKB$58.28$51.23
+13.77%
5 OKB$291.39$256.14
+13.77%
10 OKB$582.78$512.27
+13.77%
50 OKB$2,913.89$2,561.35
+13.77%
100 OKB$5,827.77$5,122.71
+13.77%
500 OKB$29,138.85$25,613.53
+13.77%
1000 OKB$58,277.71$51,227.06
+13.77%

FAQ

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