MODE to MKD Converter and calculator


Conversion rates
Convert MODE to MKD
Convert MKD to MODE
MODE to MKD chart
MODE to MKD conversion data: Volatility and price changes of Mode in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.09026 MKD | 0.09645 MKD | 0.1436 MKD | 0.1806 MKD |
Low | 0.08695 MKD | 0.08322 MKD | 0.08322 MKD | 0.08322 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | -3.54% | -3.64% | -9.53% | -27.34% |
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Mode information
MODE to MKD market statistics
Current MODE to MKD exchange rate
Mode to Macedonian Denar is falling this week.More info about Mode 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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MODE to MKD Conversion tables
Amount | 08:44 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MODE | ден0.04361 | ден0.04521 | -3.54% |
1 MODE | ден0.08721 | ден0.09042 | -3.54% |
5 MODE | ден0.4361 | ден0.4521 | -3.54% |
10 MODE | ден0.8721 | ден0.9042 | -3.54% |
50 MODE | ден4.36 | ден4.52 | -3.54% |
100 MODE | ден8.72 | ден9.04 | -3.54% |
500 MODE | ден43.61 | ден45.21 | -3.54% |
1000 MODE | ден87.21 | ден90.42 | -3.54% |
MODE to MKD FAQ
What factors influence the conversion rate of MODE to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Mode in the US is $0.001676 USD. Additionally, Mode’s price is €0.001419 EUR in the eurozone, £0.001231 GBP in the UK, C$0.002312 CAD in Canada, ₹0.1477 INR in India, ₨0.4761 PKR in Pakistan, R$0.008900 BRL in Brazil, and more.
The most popular Mode currency pair is the MODE to Macedonian Denar(MKD). The price of 1 Mode (MODE) in Macedonian Denar (MKD) is ден0.08721.
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