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.
BORG to MKD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ден11.08 | 0.0003% / 0.0004%VIP | |
Huobi | ден11.1 | 0.1000% / 0.1000% | Yes |
Bitfinex | ден10.46 | 0.1000% / 0.1000% | Yes |
How to buy SwissBorg
Buy BORG (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
金 金边安欣币行 298 trades|Completion rate 98.00% | 1.005 USD | Amount2482.28 USDT Limit10 - 2516 USD | ||
y yaske212 26 trades|Completion rate 79.00% | 1.02 USD | Amount150 USDT Limit10 - 153 USD | ||
Q QuickResponse100% 467 trades|Completion rate 99.00% | 1.025 USD | Amount200 USDT Limit10 - 205 USD | ||
R Recharge 58 trades|Completion rate 91.00% | 1.025 USD | Amount82.36 USDT Limit10 - 84 USD | ||
G GusiCryptoFast 1 trades|Completion rate 100.00% | 1.025 USD | Amount398 USDT Limit10 - 407.154 USD |
Sell BORG (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
M Mzansi*Coins*Reserve 3 trades|Completion rate 50.00% | 1.15 USD | Amount488.72 USDT Limit10 - 575 USD | ||
y yaske212 26 trades|Completion rate 79.00% | 1.12 USD | Amount500 USDT Limit10 - 414 USD | ||
c cR7_trader 9 trades|Completion rate 69.00% | 1.1 USD | Amount4993.23 USDT Limit100 - 5000 USD | ||
D DimTrade 0 trades|Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD | ||
Q QuickResponse100% 467 trades|Completion rate 99.00% | 1.015 USD | Amount188 USDT Limit10 - 188 USD |
What factors influence the conversion rate of SwissBorg to Macedonian Denar?
SwissBorg to Macedonian Denar is falling this week.Conversion tables
The exchange rate of SwissBorg is decreasing.BORG to MKD
MKD to BORG
Today vs. 24 hours ago
Amount | 03:40 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BORG | $0.09687 | $0.09695 | -0.08% |
1 BORG | $0.1937 | $0.1939 | -0.08% |
5 BORG | $0.9687 | $0.9695 | -0.08% |
10 BORG | $1.94 | $1.94 | -0.08% |
50 BORG | $9.69 | $9.69 | -0.08% |
100 BORG | $19.37 | $19.39 | -0.08% |
500 BORG | $96.87 | $96.95 | -0.08% |
1000 BORG | $193.74 | $193.9 | -0.08% |
Today vs. 1 month ago
Amount | 03:40 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 BORG | $0.09687 | $0.1214 | -20.18% |
1 BORG | $0.1937 | $0.2428 | -20.18% |
5 BORG | $0.9687 | $1.21 | -20.18% |
10 BORG | $1.94 | $2.43 | -20.18% |
50 BORG | $9.69 | $12.14 | -20.18% |
100 BORG | $19.37 | $24.28 | -20.18% |
500 BORG | $96.87 | $121.38 | -20.18% |
1000 BORG | $193.74 | $242.76 | -20.18% |
Today vs. 1 year ago
Amount | 03:40 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 BORG | $0.09687 | $0.05617 | +72.35% |
1 BORG | $0.1937 | $0.1123 | +72.35% |
5 BORG | $0.9687 | $0.5617 | +72.35% |
10 BORG | $1.94 | $1.12 | +72.35% |
50 BORG | $9.69 | $5.62 | +72.35% |
100 BORG | $19.37 | $11.23 | +72.35% |
500 BORG | $96.87 | $56.17 | +72.35% |
1000 BORG | $193.74 | $112.34 | +72.35% |
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