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.
GNO to MKD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ден19,289.85 | 0.0003% / 0.0004%VIP | |
Binance | ден19,300.17 | 0.1000% / 0.1000% | Yes |
Huobi | ден19,263.94 | 0.1000% / 0.1000% | Yes |
Gate.io | ден19,265.77 | 0.1000% / 0.1000% | Yes |
How to buy Gnosis
Buy GNO (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
P Ponreay_FX 175 trades|Completion rate 98.00% | 1.001 USD | Amount931.75 USDT Limit10 - 932.681 USD | ||
金 金边安欣币行 301 trades|Completion rate 99.00% | 1.002 USD | Amount2516.44 USDT Limit10 - 2516 USD | ||
R Russiad_BC 52 trades|Completion rate 91.00% | 1.017 USD | Amount162.32 USDT Limit10 - 165 USD | ||
y yaske212 26 trades|Completion rate 79.00% | 1.02 USD | Amount270.83 USDT Limit10 - 325.194 USD | ||
Q QuickResponse100% 484 trades|Completion rate 99.00% | 1.025 USD | Amount100 USDT Limit10 - 102.5 USD |
Sell GNO (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
R Russiad_BC 52 trades|Completion rate 91.00% | 1.185 USD | Amount3990.08 USDT Limit10 - 4000 USD | ||
M Moneysend 155 trades|Completion rate 85.00% | 1.182 USD | Amount21798.39 USDT Limit10 - 9500 USD | ||
M Mzansi*Coins*Reserve 3 trades|Completion rate 38.00% | 1.15 USD | Amount488.72 USDT Limit10 - 575 USD | ||
y yaske212 26 trades|Completion rate 79.00% | 1.12 USD | Amount500 USDT Limit10 - 414 USD | ||
c cR7_trader 8 trades|Completion rate 67.00% | 1.1 USD | Amount5285.81 USDT Limit100 - 5000 USD |
What factors influence the conversion rate of Gnosis to Macedonian Denar?
Gnosis to Macedonian Denar is rising this week.Conversion tables
The exchange rate of Gnosis is increasing.GNO to MKD
MKD to GNO
Today vs. 24 hours ago
Amount | 09:07 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GNO | $168.47 | $174.44 | -3.42% |
1 GNO | $336.94 | $348.88 | -3.42% |
5 GNO | $1,684.68 | $1,744.4 | -3.42% |
10 GNO | $3,369.36 | $3,488.81 | -3.42% |
50 GNO | $16,846.82 | $17,444.03 | -3.42% |
100 GNO | $33,693.64 | $34,888.05 | -3.42% |
500 GNO | $168,468.21 | $174,440.26 | -3.42% |
1000 GNO | $336,936.43 | $348,880.52 | -3.42% |
Today vs. 1 month ago
Amount | 09:07 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 GNO | $168.47 | $144.14 | +16.87% |
1 GNO | $336.94 | $288.28 | +16.87% |
5 GNO | $1,684.68 | $1,441.39 | +16.87% |
10 GNO | $3,369.36 | $2,882.77 | +16.87% |
50 GNO | $16,846.82 | $14,413.86 | +16.87% |
100 GNO | $33,693.64 | $28,827.71 | +16.87% |
500 GNO | $168,468.21 | $144,138.55 | +16.87% |
1000 GNO | $336,936.43 | $288,277.1 | +16.87% |
Today vs. 1 year ago
Amount | 09:07 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 GNO | $168.47 | $54.67 | +207.98% |
1 GNO | $336.94 | $109.34 | +207.98% |
5 GNO | $1,684.68 | $546.68 | +207.98% |
10 GNO | $3,369.36 | $1,093.35 | +207.98% |
50 GNO | $16,846.82 | $5,466.76 | +207.98% |
100 GNO | $33,693.64 | $10,933.52 | +207.98% |
500 GNO | $168,468.21 | $54,667.59 | +207.98% |
1000 GNO | $336,936.43 | $109,335.18 | +207.98% |
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