EFFECT to MKD Converter and calculator


Conversion rates
Convert EFFECT to MKD
Convert MKD to EFFECT
EFFECT to MKD chart
EFFECT to MKD conversion data: Volatility and price changes of Effect AI [New] in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3245 MKD | 0.3286 MKD | 0.3384 MKD | 0.3564 MKD |
Low | 0.3233 MKD | 0.3207 MKD | 0.3078 MKD | 0.3040 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +0.06% | -1.06% | +3.61% | +4.83% |
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Effect AI [New] information
EFFECT to MKD market statistics
Current EFFECT to MKD exchange rate
Effect AI [New] to Macedonian Denar is falling this week.More info about Effect AI [New] on Bitget
Macedonian Denar 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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EFFECT to MKD Conversion tables
Amount | 23:35 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 EFFECT | ден0.1620 | ден0.1619 | +0.06% |
1 EFFECT | ден0.3239 | ден0.3237 | +0.06% |
5 EFFECT | ден1.62 | ден1.62 | +0.06% |
10 EFFECT | ден3.24 | ден3.24 | +0.06% |
50 EFFECT | ден16.2 | ден16.19 | +0.06% |
100 EFFECT | ден32.39 | ден32.37 | +0.06% |
500 EFFECT | ден161.95 | ден161.86 | +0.06% |
1000 EFFECT | ден323.9 | ден323.72 | +0.06% |
EFFECT to MKD FAQ
What factors influence the conversion rate of EFFECT to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Effect AI [New] in the US is $0.006110 USD. Additionally, Effect AI [New]’s price is €0.005242 EUR in the eurozone, £0.004575 GBP in the UK, C$0.008397 CAD in Canada, ₹0.5360 INR in India, ₨1.73 PKR in Pakistan, R$0.03337 BRL in Brazil, and more.
The most popular Effect AI [New] currency pair is the EFFECT to Macedonian Denar(MKD). The price of 1 Effect AI [New] (EFFECT) in Macedonian Denar (MKD) is ден0.3239.
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