PIN to MKD Converter and calculator


Conversion rates
Convert PIN to MKD
Convert MKD to PIN
PIN to MKD chart
PIN to MKD conversion data: Volatility and price changes of Pay It Now in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2308 MKD | 0.2483 MKD | 0.3136 MKD | 0.5698 MKD |
Low | 0.2222 MKD | 0.2117 MKD | 0.2117 MKD | 0.2035 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | -3.74% | -7.71% | -22.92% | -18.19% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Pay It Now information
PIN to MKD market statistics
Current PIN to MKD exchange rate
Pay It Now to Macedonian Denar is falling this week.More info about Pay It Now 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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PIN to MKD Conversion tables
Amount | 01:18 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PIN | ден0.1111 | ден0.1154 | -3.74% |
1 PIN | ден0.2222 | ден0.2308 | -3.74% |
5 PIN | ден1.11 | ден1.15 | -3.74% |
10 PIN | ден2.22 | ден2.31 | -3.74% |
50 PIN | ден11.11 | ден11.54 | -3.74% |
100 PIN | ден22.22 | ден23.08 | -3.74% |
500 PIN | ден111.11 | ден115.42 | -3.74% |
1000 PIN | ден222.22 | ден230.85 | -3.74% |
PIN to MKD FAQ
What factors influence the conversion rate of PIN to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Pay It Now in the US is $0.004246 USD. Additionally, Pay It Now’s price is €0.003615 EUR in the eurozone, £0.003151 GBP in the UK, C$0.005851 CAD in Canada, ₹0.3741 INR in India, ₨1.21 PKR in Pakistan, R$0.02261 BRL in Brazil, and more.
The most popular Pay It Now currency pair is the PIN to Macedonian Denar(MKD). The price of 1 Pay It Now (PIN) in Macedonian Denar (MKD) is ден0.2222.
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