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base info Tether USDt

Tether USDt to Macedonian Denar Converter and calculator

Convert 1Tether USDt (USDT) to Macedonian Denar (MKD) equals ден 57.84 | 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 Tether USDt currency pair is the USDT to MKD, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

USDT to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Tether USDt has changed +0.01% to MKD. Based on the trend and price charts, Tether USDt(USDT) has changed +0.01% to MKD while Macedonian Denar(MKD) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден57.84
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/15 06:11:35(UTC+0)

What factors influence the conversion rate of Tether USDt to Macedonian Denar?

Tether USDt to Macedonian Denar is rising this week.
Tether USDt's current market price is ден 57.84 per USDT, with a total market cap of ден 6,231,498,929,568.43 MKD based on a circulating supply of 107,728,050,000 USDT. The trading volume of Tether USDt has changed by -33.85% (ден -2,508,205,361,861.95 MKD) in the last 24 hours. Last trading day, USDT's trading volume was ден 7,410,684,226,290.87.
Market cap
$107.81B
24h volume
$84.82B
Circulating supply
107.73B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at ден 57.84 MKD , which means buying 5 USDT will cost ден 289.22 MKD . Similarly, ден1 MKD can be traded for 0.01729 USDT, and ден50 MKD can be converted to 0.8644 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Macedonian Denar has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 57.9 MKD and a low of 57.77 MKD . One month ago, the value of 1 USDT was ден 57.77 MKD , which represents a +0.13% change from its current value. Over the last year, Tether USDt has changed by
+ден
0.{5}1648MKD
, resulting in a change of +0.00% in its value.

USDT to MKD

Amount
06:11 am today
0.5 USDT
ден28.92
1 USDT
ден57.84
5 USDT
ден289.22
10 USDT
ден578.45
50 USDT
ден2,892.24
100 USDT
ден5,784.47
500 USDT
ден28,922.36
1000 USDT
ден57,844.72

MKD to USDT

Amount06:11 am today
0.5MKD0.008644  USDT
1MKD0.01729  USDT
5MKD0.08644  USDT
10MKD0.1729  USDT
50MKD0.8644  USDT
100MKD1.73  USDT
500MKD8.64  USDT
1000MKD17.29  USDT
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Today vs. 24 hours ago

Amount06:11 am today24 hours ago24h change
0.5 USDT$0.5004$0.5004
+0.01%
1 USDT$1$1
+0.01%
5 USDT$5$5
+0.01%
10 USDT$10.01$10.01
+0.01%
50 USDT$50.04$50.04
+0.01%
100 USDT$100.08$100.07
+0.01%
500 USDT$500.4$500.37
+0.01%
1000 USDT$1,000.8$1,000.73
+0.01%

Today vs. 1 month ago

Amount06:11 am today1 month ago1M change
0.5 USDT$0.5004$0.4998
+0.13%
1 USDT$1$0.9995
+0.13%
5 USDT$5$5
+0.13%
10 USDT$10.01$10
+0.13%
50 USDT$50.04$49.98
+0.13%
100 USDT$100.08$99.95
+0.13%
500 USDT$500.4$499.76
+0.13%
1000 USDT$1,000.8$999.52
+0.13%

Today vs. 1 year ago

Amount06:11 am today1 year ago1Y change
0.5 USDT$0.5004$0.5004
+0.00%
1 USDT$1$1
+0.00%
5 USDT$5$5
+0.00%
10 USDT$10.01$10.01
+0.00%
50 USDT$50.04$50.04
+0.00%
100 USDT$100.08$100.08
+0.00%
500 USDT$500.4$500.4
+0.00%
1000 USDT$1,000.8$1,000.8
+0.00%

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.