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base info THORChain

THORChain to Macedonian Denar Converter and calculator

Convert 1THORChain (RUNE) to Macedonian Denar (MKD) equals ден 278.32 | 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 THORChain currency pair is the RUNE to MKD, with for THORChain's currency code being RUNE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

RUNE to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, THORChain has changed -6.72% to MKD. Based on the trend and price charts, THORChain(RUNE) has changed -6.72% to MKD while Macedonian Denar(MKD) has changed % to RUNE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден275.05
0.0001% / 0.0004%vip-iconVIP
Binance
ден274.36
0.1000% / 0.1000%
Yes
Huobi
ден274.06
0.1000% / 0.1000%
Yes
Gate.io
ден274.24
0.1000% / 0.1000%
Yes
Bybit
ден274.83
0.1000% / 0.1000%
Yes
KuCoin
ден274.34
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 21:00:30(UTC+0)

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

THORChain to Macedonian Denar is falling this week.
THORChain's current market price is ден 278.32 per RUNE, with a total market cap of ден 93,031,403,576.35 MKD based on a circulating supply of 334,259,460 RUNE. The trading volume of THORChain has changed by -10.69% (ден -2,341,501,465.77 MKD) in the last 24 hours. Last trading day, RUNE's trading volume was ден 21,911,040,816.11.
Market cap
$1.61B
24h volume
$338.17M
Circulating supply
334.26M RUNE

Conversion tables

The exchange rate of THORChain is decreasing.
1 RUNE is currently valued at ден 278.32 MKD , which means buying 5 RUNE will cost ден 1,391.6 MKD . Similarly, ден1 MKD can be traded for 0.003593 RUNE, and ден50 MKD can be converted to 0.1796 RUNE, excluding any platform or gas fees.
The exchange rate of 1 RUNE to Macedonian Denar has changed by -35.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.72%, reaching a high of 300.76 MKD and a low of 267.29 MKD . One month ago, the value of 1 RUNE was ден 479.58 MKD , which represents a -41.97% change from its current value. Over the last year, THORChain has changed by
+ден
6.92MKD
, resulting in a change of +184.71% in its value.

RUNE to MKD

Amount
21:49 today
0.5 RUNE
ден139.16
1 RUNE
ден278.32
5 RUNE
ден1,391.6
10 RUNE
ден2,783.21
50 RUNE
ден13,916.05
100 RUNE
ден27,832.09
500 RUNE
ден139,160.46
1000 RUNE
ден278,320.92

MKD to RUNE

Amount21:49 today
0.5MKD0.001796  RUNE
1MKD0.003593  RUNE
5MKD0.01796  RUNE
10MKD0.03593  RUNE
50MKD0.1796  RUNE
100MKD0.3593  RUNE
500MKD1.8  RUNE
1000MKD3.59  RUNE
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Today vs. 24 hours ago

Amount21:49 today24 hours ago24h change
0.5 RUNE$2.4$2.58
-6.72%
1 RUNE$4.81$5.16
-6.72%
5 RUNE$24.05$25.78
-6.72%
10 RUNE$48.1$51.56
-6.72%
50 RUNE$240.48$257.8
-6.72%
100 RUNE$480.95$515.6
-6.72%
500 RUNE$2,404.76$2,578
-6.72%
1000 RUNE$4,809.52$5,156
-6.72%

Today vs. 1 month ago

Amount21:49 today1 month ago1M change
0.5 RUNE$2.4$4.14
-41.97%
1 RUNE$4.81$8.29
-41.97%
5 RUNE$24.05$41.44
-41.97%
10 RUNE$48.1$82.87
-41.97%
50 RUNE$240.48$414.37
-41.97%
100 RUNE$480.95$828.74
-41.97%
500 RUNE$2,404.76$4,143.72
-41.97%
1000 RUNE$4,809.52$8,287.43
-41.97%

Today vs. 1 year ago

Amount21:49 today1 year ago1Y change
0.5 RUNE$2.4$0.8449
+184.71%
1 RUNE$4.81$1.69
+184.71%
5 RUNE$24.05$8.45
+184.71%
10 RUNE$48.1$16.9
+184.71%
50 RUNE$240.48$84.49
+184.71%
100 RUNE$480.95$168.99
+184.71%
500 RUNE$2,404.76$844.93
+184.71%
1000 RUNE$4,809.52$1,689.87
+184.71%

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.