RECT to MKD Converter and calculator


Conversion rates
Convert RECT to MKD
Convert MKD to RECT
RECT to MKD chart
RECT to MKD conversion data: Volatility and price changes of ReflectionAI in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2200 MKD | 0.3984 MKD | 0.3984 MKD | 1.52 MKD |
Low | 0.1557 MKD | 0.1104 MKD | 0.1104 MKD | 0.1104 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +36.49% | +81.94% | -30.88% | -75.13% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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ReflectionAI information
RECT to MKD market statistics
Current RECT to MKD exchange rate
ReflectionAI to Macedonian Denar is rising this week.More info about ReflectionAI 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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RECT to MKD Conversion tables
Amount | 16:40 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RECT | ден0.1059 | ден0.07658 | +36.49% |
1 RECT | ден0.2117 | ден0.1532 | +36.49% |
5 RECT | ден1.06 | ден0.7658 | +36.49% |
10 RECT | ден2.12 | ден1.53 | +36.49% |
50 RECT | ден10.59 | ден7.66 | +36.49% |
100 RECT | ден21.17 | ден15.32 | +36.49% |
500 RECT | ден105.87 | ден76.58 | +36.49% |
1000 RECT | ден211.74 | ден153.17 | +36.49% |
RECT to MKD FAQ
What factors influence the conversion rate of RECT to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of ReflectionAI in the US is $0.004009 USD. Additionally, ReflectionAI’s price is €0.003441 EUR in the eurozone, £0.002980 GBP in the UK, C$0.005514 CAD in Canada, ₹0.3507 INR in India, ₨1.14 PKR in Pakistan, R$0.02180 BRL in Brazil, and more.
The most popular ReflectionAI currency pair is the RECT to Macedonian Denar(MKD). The price of 1 ReflectionAI (RECT) in Macedonian Denar (MKD) is ден0.2117.
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