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Magik Finance to Macedonian Denar Converter and calculator

Convert 1Magik Finance (MAGIK) to Macedonian Denar (MKD) equals ден 1.53 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Magik Finance(MAGIK) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 MAGIK at a value of 1 MAGIK for 1.53 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.

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

MAGIK to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Magik Finance has changed -3.93% to MKD. Based on the trend and price charts, Magik Finance(MAGIK) has changed -3.93% to MKD while Macedonian Denar(MKD) has changed % to MAGIK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден1.53
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:34:40(UTC+0)

How to buy Magik Finance

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Magik Finance (MAGIK)
Use a variety of payment options to buy Magik Finance on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of MAGIK with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell MAGIK (or USDT) for MKD (Macedonian Denar) offers

Bitget P2P trading currently does not support direct selling of MAGIK to MKD. However, you can first exchange MAGIK 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 Magik Finance to Macedonian Denar?

Magik Finance to Macedonian Denar is rising this week.
Magik Finance's current market price is ден 1.53 per MAGIK, with a total market cap of ден 0 MKD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -97.33% (ден -31,843.71 MKD) in the last 24 hours. Last trading day, MAGIK's trading volume was ден 32,715.71.
Market cap
$0
24h volume
$14.78520139
Circulating supply
0 MAGIK

Conversion tables

The exchange rate of Magik Finance is increasing.
1 MAGIK is currently valued at ден 1.53 MKD , which means buying 5 MAGIK will cost ден 7.66 MKD . Similarly, ден1 MKD can be traded for 0.6524 MAGIK, and ден50 MKD can be converted to 32.62 MAGIK, excluding any platform or gas fees.
The exchange rate of 1 MAGIK to Macedonian Denar has changed by +23.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.93%, reaching a high of 1.69 MKD and a low of 1.53 MKD . One month ago, the value of 1 MAGIK was ден 1.34 MKD , which represents a +14.25% change from its current value. Over the last year, Magik Finance has changed by
+ден
0.8008MKD
, resulting in a change of +109.41% in its value.

MAGIK to MKD

Amount
02:21 am today
0.5 MAGIK
ден0.7664
1 MAGIK
ден1.53
5 MAGIK
ден7.66
10 MAGIK
ден15.33
50 MAGIK
ден76.64
100 MAGIK
ден153.27
500 MAGIK
ден766.36
1000 MAGIK
ден1,532.72

MKD to MAGIK

Amount02:21 am today
0.5MKD0.3262  MAGIK
1MKD0.6524  MAGIK
5MKD3.26  MAGIK
10MKD6.52  MAGIK
50MKD32.62  MAGIK
100MKD65.24  MAGIK
500MKD326.22  MAGIK
1000MKD652.43  MAGIK

Today vs. 24 hours ago

Amount02:21 am today24 hours ago24h change
0.5 MAGIK$0.01299$0.01353
-3.93%
1 MAGIK$0.02599$0.02705
-3.93%
5 MAGIK$0.1299$0.1353
-3.93%
10 MAGIK$0.2599$0.2705
-3.93%
50 MAGIK$1.3$1.35
-3.93%
100 MAGIK$2.6$2.71
-3.93%
500 MAGIK$12.99$13.53
-3.93%
1000 MAGIK$25.99$27.05
-3.93%

Today vs. 1 month ago

Amount02:21 am today1 month ago1M change
0.5 MAGIK$0.01299$0.01137
+14.25%
1 MAGIK$0.02599$0.02275
+14.25%
5 MAGIK$0.1299$0.1137
+14.25%
10 MAGIK$0.2599$0.2275
+14.25%
50 MAGIK$1.3$1.14
+14.25%
100 MAGIK$2.6$2.27
+14.25%
500 MAGIK$12.99$11.37
+14.25%
1000 MAGIK$25.99$22.75
+14.25%

Today vs. 1 year ago

Amount02:21 am today1 year ago1Y change
0.5 MAGIK$0.01299$0.006205
+109.41%
1 MAGIK$0.02599$0.01241
+109.41%
5 MAGIK$0.1299$0.06205
+109.41%
10 MAGIK$0.2599$0.1241
+109.41%
50 MAGIK$1.3$0.6205
+109.41%
100 MAGIK$2.6$1.24
+109.41%
500 MAGIK$12.99$6.21
+109.41%
1000 MAGIK$25.99$12.41
+109.41%

Magik Finance price prediction

What will the price of MAGIK be in 2025?

Based on MAGIK's historical price performance prediction model, the price of MAGIK is projected to reach $0.03293 in 2025.

What will the price of MAGIK be in 2030?

In 2030, the MAGIK price is expected to change by -6.00%. By the end of 2030, the MAGIK price is projected to reach $0.03164, with a cumulative ROI of +21.76%.

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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 Magik Finance 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 Magik Finance 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 Magik Finance 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.