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VeChain to Macedonian Denar Converter and calculator

Convert 1VeChain (VET) to Macedonian Denar (MKD) equals ден 2.5 | 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 VeChain currency pair is the VET to MKD, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

VET to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, VeChain has changed -8.70% to MKD. Based on the trend and price charts, VeChain(VET) has changed -8.70% to MKD while Macedonian Denar(MKD) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден2.5
0.0001% / 0.0004%vip-iconVIP
Binance
ден2.49
0.1000% / 0.1000%
Yes
Huobi
ден2.49
0.1000% / 0.1000%
Yes
Gate.io
ден2.48
0.1000% / 0.1000%
Yes
KuCoin
ден2.49
0.1000% / 0.1000%
Yes
Bitfinex
ден2.49
0.1000% / 0.1000%
Yes
Last updated 2024/04/13 04:00:28(UTC+0)

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

VeChain to Macedonian Denar is rising this week.
VeChain's current market price is ден 2.5 per VET, with a total market cap of ден 181,502,799,706.98 MKD based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by -2.25% (ден -303,608,611.91 MKD) in the last 24 hours. Last trading day, VET's trading volume was ден 13,500,916,573.59.
Market cap
$3.15B
24h volume
$228.82M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at ден 2.5 MKD , which means buying 5 VET will cost ден 12.48 MKD . Similarly, ден1 MKD can be traded for 0.4006 VET, and ден50 MKD can be converted to 20.03 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Macedonian Denar has changed by +6.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.70%, reaching a high of 2.92 MKD and a low of 2.3 MKD . One month ago, the value of 1 VET was ден 2.79 MKD , which represents a -10.67% change from its current value. Over the last year, VeChain has changed by
+ден
1.01MKD
, resulting in a change of +67.61% in its value.

VET to MKD

Amount
04:11 am today
0.5 VET
ден1.25
1 VET
ден2.5
5 VET
ден12.48
10 VET
ден24.96
50 VET
ден124.81
100 VET
ден249.61
500 VET
ден1,248.05
1000 VET
ден2,496.1

MKD to VET

Amount04:11 am today
0.5MKD0.2003  VET
1MKD0.4006  VET
5MKD2  VET
10MKD4.01  VET
50MKD20.03  VET
100MKD40.06  VET
500MKD200.31  VET
1000MKD400.62  VET
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Today vs. 24 hours ago

Amount04:11 am today24 hours ago24h change
0.5 VET$0.02164$0.02370
-8.70%
1 VET$0.04328$0.04740
-8.70%
5 VET$0.2164$0.2370
-8.70%
10 VET$0.4328$0.4740
-8.70%
50 VET$2.16$2.37
-8.70%
100 VET$4.33$4.74
-8.70%
500 VET$21.64$23.7
-8.70%
1000 VET$43.28$47.4
-8.70%

Today vs. 1 month ago

Amount04:11 am today1 month ago1M change
0.5 VET$0.02164$0.02422
-10.67%
1 VET$0.04328$0.04844
-10.67%
5 VET$0.2164$0.2422
-10.67%
10 VET$0.4328$0.4844
-10.67%
50 VET$2.16$2.42
-10.67%
100 VET$4.33$4.84
-10.67%
500 VET$21.64$24.22
-10.67%
1000 VET$43.28$48.44
-10.67%

Today vs. 1 year ago

Amount04:11 am today1 year ago1Y change
0.5 VET$0.02164$0.01291
+67.61%
1 VET$0.04328$0.02582
+67.61%
5 VET$0.2164$0.1291
+67.61%
10 VET$0.4328$0.2582
+67.61%
50 VET$2.16$1.29
+67.61%
100 VET$4.33$2.58
+67.61%
500 VET$21.64$12.91
+67.61%
1000 VET$43.28$25.82
+67.61%

FAQ

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