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.
RNDR to MKD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ден393.39 | 0.0200% / 0.0320%VIP 7 | |
Binance | ден394.46 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | ден393.93 | 0.1000% / 0.1000% | Yes |
OKX | ден394.46 | 0.080% / 0.100% | Yes |
Huobi | ден394.56 | 0.1000% / 0.1000% | Yes |
Gate.io | ден394.35 | 0.1000% / 0.1000% | Yes |
Bybit | ден394.32 | 0.1000% / 0.1000% | Yes |
KuCoin | ден394.42 | 0.1000% / 0.1000% | Yes |
How to buy Render
Buy RNDR (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
T TradePro 17 trades|Completion rate 57.00% | 1.03 USD | Amount818.96 USDT Limit100 - 800 USD | ||
R Recharge 36 trades|Completion rate 78.00% | 1.036 USD | Amount177.48 USDT Limit10 - 183 USD | ||
F FLASH SALE 1 22 trades|Completion rate 96.00% | 1.036 USD | Amount1110.54 USDT Limit10 - 1660.521 USD | ||
G GusiCryptoFast 5 trades|Completion rate 100.00% | 1.037 USD | Amount398 USDT Limit10 - 407.154 USD | ||
R Russiad_BC 25 trades|Completion rate 89.00% | 1.037 USD | Amount177.73 USDT Limit10 - 180 USD |
Sell RNDR (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
R Recharge 36 trades|Completion rate 78.00% | 1.192 USD | Amount1000 USDT Limit10 - 1000 USD | ||
R Russiad_BC 25 trades|Completion rate 89.00% | 1.192 USD | Amount3736.2 USDT Limit10 - 4000 USD | ||
B BGUSER-VBXPGM6X 38 trades|Completion rate 93.00% | 1.122 USD | Amount99576.3 USDT Limit10 - 50000 USD | ||
c cR7_trader 8 trades|Completion rate 100.00% | 1.121 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
D DimTrade 0 trades|Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD |
What factors influence the conversion rate of Render to Macedonian Denar?
Render to Macedonian Denar is falling this week.Conversion tables
The exchange rate of Render is decreasing.RNDR to MKD
MKD to RNDR
Today vs. 24 hours ago
Amount | 20:34 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RNDR | $3.48 | $3.25 | +7.13% |
1 RNDR | $6.96 | $6.49 | +7.13% |
5 RNDR | $34.79 | $32.47 | +7.13% |
10 RNDR | $69.58 | $64.94 | +7.13% |
50 RNDR | $347.88 | $324.72 | +7.13% |
100 RNDR | $695.77 | $649.45 | +7.13% |
500 RNDR | $3,478.84 | $3,247.24 | +7.13% |
1000 RNDR | $6,957.69 | $6,494.48 | +7.13% |
Today vs. 1 month ago
Amount | 20:34 today | 1 month ago | 1M change |
---|---|---|---|
0.5 RNDR | $3.48 | $5.23 | -33.44% |
1 RNDR | $6.96 | $10.46 | -33.44% |
5 RNDR | $34.79 | $52.28 | -33.44% |
10 RNDR | $69.58 | $104.55 | -33.44% |
50 RNDR | $347.88 | $522.75 | -33.44% |
100 RNDR | $695.77 | $1,045.5 | -33.44% |
500 RNDR | $3,478.84 | $5,227.51 | -33.44% |
1000 RNDR | $6,957.69 | $10,455.03 | -33.44% |
Today vs. 1 year ago
Amount | 20:34 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 RNDR | $3.48 | $0.9700 | +258.28% |
1 RNDR | $6.96 | $1.94 | +258.28% |
5 RNDR | $34.79 | $9.7 | +258.28% |
10 RNDR | $69.58 | $19.4 | +258.28% |
50 RNDR | $347.88 | $97 | +258.28% |
100 RNDR | $695.77 | $194.01 | +258.28% |
500 RNDR | $3,478.84 | $970.03 | +258.28% |
1000 RNDR | $6,957.69 | $1,940.07 | +258.28% |
Render price prediction
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