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XRP to Macedonian Denar Converter and calculator

Convert 1XRP (XRP) to Macedonian Denar (MKD) equals ден 28.43 | 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 XRP currency pair is the XRP to MKD, with for XRP's currency code being XRP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

XRP to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, XRP has changed -9.52% to MKD. Based on the trend and price charts, XRP(XRP) has changed -9.52% to MKD while Macedonian Denar(MKD) has changed % to XRP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден28.18
0.0001% / 0.0004%vip-iconVIP
Binance
ден28.08
0.1000% / 0.1000%
Yes
Coinbase Exchange
ден28.08
0.1000% / 0.1000%
Yes
Kraken
ден28.09
0.1000% / 0.1000%
Yes
OKX
ден28.15
0.080% / 0.100%
Yes
Huobi
ден28.08
0.1000% / 0.1000%
Yes
Gate.io
ден28.43
0.1000% / 0.1000%
Yes
Bybit
ден28.18
0.1000% / 0.1000%
Yes
KuCoin
ден28.09
0.1000% / 0.1000%
Yes
Bitfinex
ден28.18
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 10:00:51(UTC+0)

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

XRP to Macedonian Denar is falling this week.
XRP's current market price is ден 28.43 per XRP, with a total market cap of ден 1,567,301,710,916.83 MKD based on a circulating supply of 55,119,897,000 XRP. The trading volume of XRP has changed by +49.94% (ден 88,995,872,627.2 MKD) in the last 24 hours. Last trading day, XRP's trading volume was ден 178,210,587,856.28.
Market cap
$27.17B
24h volume
$4.63B
Circulating supply
55.12B XRP

Conversion tables

The exchange rate of XRP is decreasing.
1 XRP is currently valued at ден 28.43 MKD , which means buying 5 XRP will cost ден 142.17 MKD . Similarly, ден1 MKD can be traded for 0.03517 XRP, and ден50 MKD can be converted to 1.76 XRP, excluding any platform or gas fees.
The exchange rate of 1 XRP to Macedonian Denar has changed by -17.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.52%, reaching a high of 31.62 MKD and a low of 25.01 MKD . One month ago, the value of 1 XRP was ден 35.89 MKD , which represents a -20.82% change from its current value. Over the last year, XRP has changed by
-ден
1.82MKD
, resulting in a change of -6.04% in its value.

XRP to MKD

Amount
10:57 am today
0.5 XRP
ден14.22
1 XRP
ден28.43
5 XRP
ден142.17
10 XRP
ден284.34
50 XRP
ден1,421.72
100 XRP
ден2,843.44
500 XRP
ден14,217.2
1000 XRP
ден28,434.41

MKD to XRP

Amount10:57 am today
0.5MKD0.01758  XRP
1MKD0.03517  XRP
5MKD0.1758  XRP
10MKD0.3517  XRP
50MKD1.76  XRP
100MKD3.52  XRP
500MKD17.58  XRP
1000MKD35.17  XRP
share

Today vs. 24 hours ago

Amount10:57 am today24 hours ago24h change
0.5 XRP$0.2465$0.2724
-9.52%
1 XRP$0.4930$0.5448
-9.52%
5 XRP$2.47$2.72
-9.52%
10 XRP$4.93$5.45
-9.52%
50 XRP$24.65$27.24
-9.52%
100 XRP$49.3$54.48
-9.52%
500 XRP$246.5$272.38
-9.52%
1000 XRP$493$544.75
-9.52%

Today vs. 1 month ago

Amount10:57 am today1 month ago1M change
0.5 XRP$0.2465$0.3111
-20.82%
1 XRP$0.4930$0.6223
-20.82%
5 XRP$2.47$3.11
-20.82%
10 XRP$4.93$6.22
-20.82%
50 XRP$24.65$31.11
-20.82%
100 XRP$49.3$62.23
-20.82%
500 XRP$246.5$311.15
-20.82%
1000 XRP$493$622.3
-20.82%

Today vs. 1 year ago

Amount10:57 am today1 year ago1Y change
0.5 XRP$0.2465$0.2623
-6.04%
1 XRP$0.4930$0.5246
-6.04%
5 XRP$2.47$2.62
-6.04%
10 XRP$4.93$5.25
-6.04%
50 XRP$24.65$26.23
-6.04%
100 XRP$49.3$52.46
-6.04%
500 XRP$246.5$262.3
-6.04%
1000 XRP$493$524.61
-6.04%

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.