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BORA to Macedonian Denar Converter and calculator

Convert 1BORA (BORA) to Macedonian Denar (MKD) equals ден 8.47 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of BORA(BORA) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 BORA at a value of 1 BORA for 8.47 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MKD 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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Bitget crypto-to-fiat exchange data shows that the most popular BORA currency pair is the BORA to MKD, with for BORA's currency code being BORA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

BORA to MKD conversion rate trend

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In the past 1D, BORA has changed -0.12% to MKD. Based on the trend and price charts, BORA(BORA) has changed -0.12% to MKD while Macedonian Denar(MKD) has changed % to BORA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден8.33
0.0001% / 0.0004%vip-iconVIP
OKX
ден8.36
0.080% / 0.100%
Yes
Gate.io
ден8.33
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 18:00:15(UTC+0)

How to buy BORA

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Buy BORA (BORA)
Use a variety of payment options to buy BORA on Bitget. We'll show you how.

What factors influence the conversion rate of BORA to Macedonian Denar?

BORA to Macedonian Denar is falling this week.
BORA's current market price is ден 8.47 per BORA, with a total market cap of ден 8,417,593,335.85 MKD based on a circulating supply of 993,750,000 BORA. The trading volume of BORA has changed by -12.26% (ден -31,933,594.07 MKD) in the last 24 hours. Last trading day, BORA's trading volume was ден 260,571,790.5.
Market cap
$148.48M
24h volume
$4.03M
Circulating supply
993.75M BORA

Conversion tables

The exchange rate of BORA is decreasing.
1 BORA is currently valued at ден 8.47 MKD , which means buying 5 BORA will cost ден 42.35 MKD . Similarly, ден1 MKD can be traded for 0.1181 BORA, and ден50 MKD can be converted to 5.9 BORA, excluding any platform or gas fees.
The exchange rate of 1 BORA to Macedonian Denar has changed by -0.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.12%, reaching a high of 8.66 MKD and a low of 8.4 MKD . One month ago, the value of 1 BORA was ден 8.85 MKD , which represents a -4.25% change from its current value. Over the last year, BORA has changed by
-ден
0.2897MKD
, resulting in a change of -3.31% in its value.

BORA to MKD

Amount
18:18 today
0.5 BORA
ден4.24
1 BORA
ден8.47
5 BORA
ден42.35
10 BORA
ден84.71
50 BORA
ден423.53
100 BORA
ден847.05
500 BORA
ден4,235.27
1000 BORA
ден8,470.53

MKD to BORA

Amount18:18 today
0.5MKD0.05903  BORA
1MKD0.1181  BORA
5MKD0.5903  BORA
10MKD1.18  BORA
50MKD5.9  BORA
100MKD11.81  BORA
500MKD59.03  BORA
1000MKD118.06  BORA
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Today vs. 24 hours ago

Amount18:18 today24 hours ago24h change
0.5 BORA$0.07470$0.07479
-0.12%
1 BORA$0.1494$0.1496
-0.12%
5 BORA$0.7470$0.7479
-0.12%
10 BORA$1.49$1.5
-0.12%
50 BORA$7.47$7.48
-0.12%
100 BORA$14.94$14.96
-0.12%
500 BORA$74.7$74.79
-0.12%
1000 BORA$149.41$149.58
-0.12%

Today vs. 1 month ago

Amount18:18 today1 month ago1M change
0.5 BORA$0.07470$0.07802
-4.25%
1 BORA$0.1494$0.1560
-4.25%
5 BORA$0.7470$0.7802
-4.25%
10 BORA$1.49$1.56
-4.25%
50 BORA$7.47$7.8
-4.25%
100 BORA$14.94$15.6
-4.25%
500 BORA$74.7$78.02
-4.25%
1000 BORA$149.41$156.05
-4.25%
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Today vs. 1 year ago

Amount18:18 today1 year ago1Y change
0.5 BORA$0.07470$0.07726
-3.31%
1 BORA$0.1494$0.1545
-3.31%
5 BORA$0.7470$0.7726
-3.31%
10 BORA$1.49$1.55
-3.31%
50 BORA$7.47$7.73
-3.31%
100 BORA$14.94$15.45
-3.31%
500 BORA$74.7$77.26
-3.31%
1000 BORA$149.41$154.52
-3.31%

BORA price prediction

What will the price of BORA be in 2025?

Based on BORA's historical price performance prediction model, the price of BORA is projected to reach $0.1892 in 2025.

What will the price of BORA be in 2030?

In 2030, the BORA price is expected to rise by +9.00%. By the end of 2030, the BORA price is projected to reach $0.4416, with a cumulative ROI of +195.55%.
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Buy BORA for 1 MKD
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between BORA and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as BORA and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of BORA in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.