Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Algorand (ALGO) has been listed in the Innovation and Layer1 Zone. You can quickly sell or buy ALGO. Spot Trading Link:  ALGO/USDT.
New users can get a welcome gift package worth 6200U, Claim it now>>
base info Algorand

Algorand to Macedonian Denar Converter and calculator

Convert 1Algorand (ALGO) to Macedonian Denar (MKD) equals ден 21.67 | Bitget
ALGO
ALGO
swap
MKD
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Algorand(ALGO) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 ALGO at a value of 1 ALGO for 21.67 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Algorand currency pair is the ALGO to MKD, with for Algorand's currency code being ALGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

ALGO to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Algorand has changed +7.00% to MKD. Based on the trend and price charts, Algorand(ALGO) has changed +7.00% to MKD while Macedonian Denar(MKD) has changed % to ALGO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден20.46
0.0200% / 0.0320%vip-iconVIP 7
Binance
ден20.5
0.1000% / 0.1000%
Yes
Kraken
ден20.44
0.1000% / 0.1000%
Yes
OKX
ден20.49
0.080% / 0.100%
Yes
Huobi
ден20.49
0.1000% / 0.1000%
Yes
Gate.io
ден20.49
0.1000% / 0.1000%
Yes
Bybit
ден20.45
0.1000% / 0.1000%
Yes
KuCoin
ден20.49
0.1000% / 0.1000%
Yes
Bitfinex
ден28.32
0.1000% / 0.1000%
Yes
Last updated 2024/12/12 01:00:18(UTC+0)

How to buy Algorand

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Algorand (ALGO)
Use a variety of payment options to buy Algorand on Bitget. We'll show you how.

Buy ALGO (or USDT) for MKD (Macedonian Denar) offers

Bitget P2P trading does not currently support direct buying of ALGO with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy ALGO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell ALGO (or USDT) for MKD (Macedonian Denar) offers

Bitget P2P trading currently does not support direct selling of ALGO to MKD. However, you can first exchange ALGO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

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

Algorand to Macedonian Denar is falling this week.
Algorand's current market price is ден 21.67 per ALGO, with a total market cap of ден 180,618,067,585.17 MKD based on a circulating supply of 8,334,780,000 ALGO. The trading volume of Algorand has changed by +8.55% (ден 2,920,351,100.05 MKD) in the last 24 hours. Last trading day, ALGO's trading volume was ден 34,172,140,183.17.
Market cap
$3.06B
24h volume
$628.62M
Circulating supply
8.33B ALGO

Conversion tables

The exchange rate of Algorand is increasing.
1 ALGO is currently valued at ден 21.67 MKD , which means buying 5 ALGO will cost ден 108.35 MKD . Similarly, ден1 MKD can be traded for 0.04615 ALGO, and ден50 MKD can be converted to 2.31 ALGO, excluding any platform or gas fees.
The exchange rate of 1 ALGO to Macedonian Denar has changed by -15.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.00%, reaching a high of 21.72 MKD and a low of 16.74 MKD . One month ago, the value of 1 ALGO was ден 12.44 MKD , which represents a +74.00% change from its current value. Over the last year, Algorand has changed by
+ден
6.91MKD
, resulting in a change of +46.75% in its value.

ALGO to MKD

Amount
06:21 am today
0.5 ALGO
ден10.84
1 ALGO
ден21.67
5 ALGO
ден108.35
10 ALGO
ден216.7
50 ALGO
ден1,083.52
100 ALGO
ден2,167.04
500 ALGO
ден10,835.2
1000 ALGO
ден21,670.41

MKD to ALGO

Amount06:21 am today
0.5MKD0.02307  ALGO
1MKD0.04615  ALGO
5MKD0.2307  ALGO
10MKD0.4615  ALGO
50MKD2.31  ALGO
100MKD4.61  ALGO
500MKD23.07  ALGO
1000MKD46.15  ALGO

Today vs. 24 hours ago

Amount06:21 am today24 hours ago24h change
0.5 ALGO$0.1836$0.1716
+7.00%
1 ALGO$0.3673$0.3432
+7.00%
5 ALGO$1.84$1.72
+7.00%
10 ALGO$3.67$3.43
+7.00%
50 ALGO$18.36$17.16
+7.00%
100 ALGO$36.73$34.32
+7.00%
500 ALGO$183.63$171.61
+7.00%
1000 ALGO$367.25$343.21
+7.00%

Today vs. 1 month ago

Amount06:21 am today1 month ago1M change
0.5 ALGO$0.1836$0.1054
+74.00%
1 ALGO$0.3673$0.2109
+74.00%
5 ALGO$1.84$1.05
+74.00%
10 ALGO$3.67$2.11
+74.00%
50 ALGO$18.36$10.54
+74.00%
100 ALGO$36.73$21.09
+74.00%
500 ALGO$183.63$105.45
+74.00%
1000 ALGO$367.25$210.89
+74.00%

Today vs. 1 year ago

Amount06:21 am today1 year ago1Y change
0.5 ALGO$0.1836$0.1251
+46.75%
1 ALGO$0.3673$0.2501
+46.75%
5 ALGO$1.84$1.25
+46.75%
10 ALGO$3.67$2.5
+46.75%
50 ALGO$18.36$12.51
+46.75%
100 ALGO$36.73$25.01
+46.75%
500 ALGO$183.63$125.07
+46.75%
1000 ALGO$367.25$250.13
+46.75%

Algorand price prediction

What will the price of ALGO be in 2025?

Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.4440 in 2025.

What will the price of ALGO be in 2030?

In 2030, the ALGO price is expected to change by +1.00%. By the end of 2030, the ALGO price is projected to reach $0.7199, with a cumulative ROI of +80.03%.

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action

Latest coin listings on Bitget

New listings

FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Algorand and MKD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Algorand and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Algorand in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.