


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.
XMONEY to MKD conversion rate trend
XMONEY to MKD market statistics
More info about X Money on Bitget
Current XMONEY to MKD exchange rate
X Money to Macedonian Denar is falling this week.XMONEY to MKD Conversion tables
The exchange rate of X Money is decreasing.XMONEY to MKD
MKD to XMONEY
XMONEY to MKD Today vs. 24 hours ago
Amount | 18:57 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 XMONEY | ден1.82 | ден2.16 | -15.99% |
1 XMONEY | ден3.64 | ден4.33 | -15.99% |
5 XMONEY | ден18.18 | ден21.64 | -15.99% |
10 XMONEY | ден36.36 | ден43.29 | -15.99% |
50 XMONEY | ден181.82 | ден216.43 | -15.99% |
100 XMONEY | ден363.63 | ден432.85 | -15.99% |
500 XMONEY | ден1,818.17 | ден2,164.25 | -15.99% |
1000 XMONEY | ден3,636.34 | ден4,328.5 | -15.99% |
XMONEY to MKD Today vs. 1 month ago
Amount | 18:57 today | 1 month ago | 1M change |
---|---|---|---|
0.5 XMONEY | ден1.82 | ден3.42 | -46.85% |
1 XMONEY | ден3.64 | ден6.84 | -46.85% |
5 XMONEY | ден18.18 | ден34.21 | -46.85% |
10 XMONEY | ден36.36 | ден68.42 | -46.85% |
50 XMONEY | ден181.82 | ден342.09 | -46.85% |
100 XMONEY | ден363.63 | ден684.19 | -46.85% |
500 XMONEY | ден1,818.17 | ден3,420.94 | -46.85% |
1000 XMONEY | ден3,636.34 | ден6,841.89 | -46.85% |
XMONEY to MKD Today vs. 1 year ago
Amount | 18:57 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 XMONEY | ден1.82 | ден0 | -77.08% |
1 XMONEY | ден3.64 | ден0 | -77.08% |
5 XMONEY | ден18.18 | ден0 | -77.08% |
10 XMONEY | ден36.36 | ден0 | -77.08% |
50 XMONEY | ден181.82 | ден0 | -77.08% |
100 XMONEY | ден363.63 | ден0 | -77.08% |
500 XMONEY | ден1,818.17 | ден0 | -77.08% |
1000 XMONEY | ден3,636.34 | ден0 | -77.08% |
How to convert XMONEY to MKD



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