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Toncoin to Macedonian Denar Converter and calculator

Convert 1Toncoin (TON) to Macedonian Denar (MKD) equals ден 364.35 | 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 Toncoin currency pair is the TON to MKD, with for Toncoin's currency code being TON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

TON to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Toncoin has changed -6.51% to MKD. Based on the trend and price charts, Toncoin(TON) has changed -6.51% to MKD while Macedonian Denar(MKD) has changed % to TON in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден366.21
0.0001% / 0.0004%vip-iconVIP
OKX
ден366.1
0.080% / 0.100%
Yes
Huobi
ден366.13
0.1000% / 0.1000%
Yes
Gate.io
ден375.21
0.1000% / 0.1000%
Yes
Bybit
ден366.2
0.1000% / 0.1000%
Yes
KuCoin
ден366.55
0.1000% / 0.1000%
Yes
Bitfinex
ден367.13
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 14:00:51(UTC+0)

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

Toncoin to Macedonian Denar is rising this week.
Toncoin's current market price is ден 364.35 per TON, with a total market cap of ден 1,264,597,270,192.13 MKD based on a circulating supply of 3,470,802,400 TON. The trading volume of Toncoin has changed by +7.52% (ден 3,774,828,615.75 MKD) in the last 24 hours. Last trading day, TON's trading volume was ден 50,174,503,758.24.
Market cap
$21.93B
24h volume
$935.46M
Circulating supply
3.47B TON

Conversion tables

The exchange rate of Toncoin is increasing.
1 TON is currently valued at ден 364.35 MKD , which means buying 5 TON will cost ден 1,821.77 MKD . Similarly, ден1 MKD can be traded for 0.002745 TON, and ден50 MKD can be converted to 0.1372 TON, excluding any platform or gas fees.
The exchange rate of 1 TON to Macedonian Denar has changed by +17.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.51%, reaching a high of 390.45 MKD and a low of 308.74 MKD . One month ago, the value of 1 TON was ден 222.55 MKD , which represents a +63.76% change from its current value. Over the last year, Toncoin has changed by
+ден
55.96MKD
, resulting in a change of +169.13% in its value.

TON to MKD

Amount
14:10 today
0.5 TON
ден182.18
1 TON
ден364.35
5 TON
ден1,821.77
10 TON
ден3,643.53
50 TON
ден18,217.65
100 TON
ден36,435.3
500 TON
ден182,176.51
1000 TON
ден364,353.02

MKD to TON

Amount14:10 today
0.5MKD0.001372  TON
1MKD0.002745  TON
5MKD0.01372  TON
10MKD0.02745  TON
50MKD0.1372  TON
100MKD0.2745  TON
500MKD1.37  TON
1000MKD2.74  TON
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Today vs. 24 hours ago

Amount14:10 today24 hours ago24h change
0.5 TON$3.16$3.38
-6.51%
1 TON$6.32$6.76
-6.51%
5 TON$31.59$33.79
-6.51%
10 TON$63.18$67.58
-6.51%
50 TON$315.89$337.89
-6.51%
100 TON$631.77$675.77
-6.51%
500 TON$3,158.87$3,378.87
-6.51%
1000 TON$6,317.73$6,757.74
-6.51%

Today vs. 1 month ago

Amount14:10 today1 month ago1M change
0.5 TON$3.16$1.93
+63.76%
1 TON$6.32$3.86
+63.76%
5 TON$31.59$19.29
+63.76%
10 TON$63.18$38.59
+63.76%
50 TON$315.89$192.95
+63.76%
100 TON$631.77$385.89
+63.76%
500 TON$3,158.87$1,929.47
+63.76%
1000 TON$6,317.73$3,858.94
+63.76%

Today vs. 1 year ago

Amount14:10 today1 year ago1Y change
0.5 TON$3.16$1.17
+169.13%
1 TON$6.32$2.35
+169.13%
5 TON$31.59$11.74
+169.13%
10 TON$63.18$23.47
+169.13%
50 TON$315.89$117.37
+169.13%
100 TON$631.77$234.75
+169.13%
500 TON$3,158.87$1,173.73
+169.13%
1000 TON$6,317.73$2,347.46
+169.13%

FAQ

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