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base info Stellar

Stellar to Macedonian Denar Converter and calculator

Convert 1Stellar (XLM) to Macedonian Denar (MKD) equals ден 6.21 | 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 Stellar currency pair is the XLM to MKD, with for Stellar's currency code being XLM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

XLM to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Stellar has changed +3.59% to MKD. Based on the trend and price charts, Stellar(XLM) has changed +3.59% to MKD while Macedonian Denar(MKD) has changed % to XLM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден6.28
0.0001% / 0.0004%vip-iconVIP
Binance
ден6.27
0.1000% / 0.1000%
Yes
Coinbase Exchange
ден6.25
0.1000% / 0.1000%
Yes
OKX
ден6.27
0.080% / 0.100%
Yes
Huobi
ден6.28
0.1000% / 0.1000%
Yes
Gate.io
ден6.27
0.1000% / 0.1000%
Yes
Bybit
ден6.28
0.1000% / 0.1000%
Yes
KuCoin
ден6.27
0.1000% / 0.1000%
Yes
Bitfinex
ден6.26
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 02:00:32(UTC+0)

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

Stellar to Macedonian Denar is falling this week.
Stellar's current market price is ден 6.21 per XLM, with a total market cap of ден 179,434,237,273.67 MKD based on a circulating supply of 28,877,679,000 XLM. The trading volume of Stellar has changed by -42.71% (ден -8,727,629,340.65 MKD) in the last 24 hours. Last trading day, XLM's trading volume was ден 20,432,761,561.58.
Market cap
$3.11B
24h volume
$202.96M
Circulating supply
28.88B XLM

Conversion tables

The exchange rate of Stellar is decreasing.
1 XLM is currently valued at ден 6.21 MKD , which means buying 5 XLM will cost ден 31.07 MKD . Similarly, ден1 MKD can be traded for 0.1609 XLM, and ден50 MKD can be converted to 8.05 XLM, excluding any platform or gas fees.
The exchange rate of 1 XLM to Macedonian Denar has changed by -16.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.59%, reaching a high of 6.43 MKD and a low of 5.88 MKD . One month ago, the value of 1 XLM was ден 8.06 MKD , which represents a -22.92% change from its current value. Over the last year, Stellar has changed by
+ден
0.08227MKD
, resulting in a change of +1.34% in its value.

XLM to MKD

Amount
02:42 am today
0.5 XLM
ден3.11
1 XLM
ден6.21
5 XLM
ден31.07
10 XLM
ден62.14
50 XLM
ден310.68
100 XLM
ден621.36
500 XLM
ден3,106.8
1000 XLM
ден6,213.6

MKD to XLM

Amount02:42 am today
0.5MKD0.08047  XLM
1MKD0.1609  XLM
5MKD0.8047  XLM
10MKD1.61  XLM
50MKD8.05  XLM
100MKD16.09  XLM
500MKD80.47  XLM
1000MKD160.94  XLM
share

Today vs. 24 hours ago

Amount02:42 am today24 hours ago24h change
0.5 XLM$0.05387$0.05200
+3.59%
1 XLM$0.1077$0.1040
+3.59%
5 XLM$0.5387$0.5200
+3.59%
10 XLM$1.08$1.04
+3.59%
50 XLM$5.39$5.2
+3.59%
100 XLM$10.77$10.4
+3.59%
500 XLM$53.87$52
+3.59%
1000 XLM$107.74$104
+3.59%

Today vs. 1 month ago

Amount02:42 am today1 month ago1M change
0.5 XLM$0.05387$0.06989
-22.92%
1 XLM$0.1077$0.1398
-22.92%
5 XLM$0.5387$0.6989
-22.92%
10 XLM$1.08$1.4
-22.92%
50 XLM$5.39$6.99
-22.92%
100 XLM$10.77$13.98
-22.92%
500 XLM$53.87$69.89
-22.92%
1000 XLM$107.74$139.77
-22.92%

Today vs. 1 year ago

Amount02:42 am today1 year ago1Y change
0.5 XLM$0.05387$0.05316
+1.34%
1 XLM$0.1077$0.1063
+1.34%
5 XLM$0.5387$0.5316
+1.34%
10 XLM$1.08$1.06
+1.34%
50 XLM$5.39$5.32
+1.34%
100 XLM$10.77$10.63
+1.34%
500 XLM$53.87$53.16
+1.34%
1000 XLM$107.74$106.31
+1.34%

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.