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Shiba Inu to Macedonian Denar Converter and calculator

Convert 1Shiba Inu (SHIB) to Macedonian Denar (MKD) equals ден 0.001258 | 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.

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

SHIB to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Shiba Inu has changed -6.00% to MKD. Based on the trend and price charts, Shiba Inu(SHIB) has changed -6.00% to MKD while Macedonian Denar(MKD) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден0.001233
0.0001% / 0.0004%vip-iconVIP
Binance
ден0.001227
0.1000% / 0.1000%
Yes
Coinbase Exchange
ден0.001228
0.1000% / 0.1000%
Yes
Kraken
ден0.001241
0.1000% / 0.1000%
Yes
OKX
ден0.001227
0.080% / 0.100%
Yes
Huobi
ден0.001230
0.1000% / 0.1000%
Yes
Gate.io
ден0.001228
0.1000% / 0.1000%
Yes
Bybit
ден0.001234
0.1000% / 0.1000%
Yes
KuCoin
ден0.001228
0.1000% / 0.1000%
Yes
Bitfinex
ден0.001245
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 18:00:41(UTC+0)

What factors influence the conversion rate of Shiba Inu to Macedonian Denar?

Shiba Inu to Macedonian Denar is falling this week.
Shiba Inu's current market price is ден 0.001258 per SHIB, with a total market cap of ден 741,250,688,172.71 MKD based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -16.63% (ден -20,976,422,423.84 MKD) in the last 24 hours. Last trading day, SHIB's trading volume was ден 126,107,217,976.92.
Market cap
$12.85B
24h volume
$1.82B
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at ден 0.001258 MKD , which means buying 5 SHIB will cost ден 0.006289 MKD . Similarly, ден1 MKD can be traded for 794.99 SHIB, and ден50 MKD can be converted to 39,749.67 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Macedonian Denar has changed by -23.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.00%, reaching a high of 0.001360 MKD and a low of 0.001069 MKD . One month ago, the value of 1 SHIB was ден 0.001686 MKD , which represents a -25.38% change from its current value. Over the last year, Shiba Inu has changed by
+ден
0.0006010MKD
, resulting in a change of +91.50% in its value.

SHIB to MKD

Amount
18:19 today
0.5 SHIB
ден0.0006289
1 SHIB
ден0.001258
5 SHIB
ден0.006289
10 SHIB
ден0.01258
50 SHIB
ден0.06289
100 SHIB
ден0.1258
500 SHIB
ден0.6289
1000 SHIB
ден1.26

MKD to SHIB

Amount18:19 today
0.5MKD397.5  SHIB
1MKD794.99  SHIB
5MKD3,974.97  SHIB
10MKD7,949.93  SHIB
50MKD39,749.67  SHIB
100MKD79,499.34  SHIB
500MKD397,496.71  SHIB
1000MKD794,993.42  SHIB
share

Today vs. 24 hours ago

Amount18:19 today24 hours ago24h change
0.5 SHIB$0.{4}1091$0.{4}1160
-6.00%
1 SHIB$0.{4}2181$0.{4}2320
-6.00%
5 SHIB$0.0001091$0.0001160
-6.00%
10 SHIB$0.0002181$0.0002320
-6.00%
50 SHIB$0.001091$0.001160
-6.00%
100 SHIB$0.002181$0.002320
-6.00%
500 SHIB$0.01091$0.01160
-6.00%
1000 SHIB$0.02181$0.02320
-6.00%

Today vs. 1 month ago

Amount18:19 today1 month ago1M change
0.5 SHIB$0.{4}1091$0.{4}1461
-25.38%
1 SHIB$0.{4}2181$0.{4}2923
-25.38%
5 SHIB$0.0001091$0.0001461
-25.38%
10 SHIB$0.0002181$0.0002923
-25.38%
50 SHIB$0.001091$0.001461
-25.38%
100 SHIB$0.002181$0.002923
-25.38%
500 SHIB$0.01091$0.01461
-25.38%
1000 SHIB$0.02181$0.02923
-25.38%

Today vs. 1 year ago

Amount18:19 today1 year ago1Y change
0.5 SHIB$0.{4}1091$0.{5}5695
+91.50%
1 SHIB$0.{4}2181$0.{4}1139
+91.50%
5 SHIB$0.0001091$0.{4}5695
+91.50%
10 SHIB$0.0002181$0.0001139
+91.50%
50 SHIB$0.001091$0.0005695
+91.50%
100 SHIB$0.002181$0.001139
+91.50%
500 SHIB$0.01091$0.005695
+91.50%
1000 SHIB$0.02181$0.01139
+91.50%

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.