L1 to MKD Converter and calculator


Conversion rates
Convert L1 to MKD
Convert MKD to L1
L1 to MKD chart
L1 to MKD conversion data: Volatility and price changes of Lamina1 in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3990 MKD | 0.4186 MKD | 0.4390 MKD | 0.8715 MKD |
Low | 0.3963 MKD | 0.3872 MKD | 0.3735 MKD | 0.3135 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | -0.16% | -0.21% | +3.70% | -54.32% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Lamina1 information
L1 to MKD market statistics
Current L1 to MKD exchange rate
Lamina1 to Macedonian Denar is falling this week.More info about Lamina1 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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L1 to MKD Conversion tables
Amount | 12:41 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 L1 | ден0.1989 | ден0.1992 | -0.16% |
1 L1 | ден0.3977 | ден0.3984 | -0.16% |
5 L1 | ден1.99 | ден1.99 | -0.16% |
10 L1 | ден3.98 | ден3.98 | -0.16% |
50 L1 | ден19.89 | ден19.92 | -0.16% |
100 L1 | ден39.77 | ден39.84 | -0.16% |
500 L1 | ден198.87 | ден199.2 | -0.16% |
1000 L1 | ден397.74 | ден398.39 | -0.16% |
L1 to MKD FAQ
What factors influence the conversion rate of L1 to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Lamina1 in the US is $0.007600 USD. Additionally, Lamina1’s price is €0.006470 EUR in the eurozone, £0.005640 GBP in the UK, C$0.01047 CAD in Canada, ₹0.6696 INR in India, ₨2.16 PKR in Pakistan, R$0.04046 BRL in Brazil, and more.
The most popular Lamina1 currency pair is the L1 to Macedonian Denar(MKD). The price of 1 Lamina1 (L1) in Macedonian Denar (MKD) is ден0.3977.
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