


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.
ETPOS to MKD conversion rate trend
ETPOS to MKD market statistics
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Current ETPOS to MKD exchange rate
EtherPOS to Macedonian Denar is rising this week.ETPOS to MKD Conversion tables
The exchange rate of EtherPOS is increasing.ETPOS to MKD
MKD to ETPOS
ETPOS to MKD Today vs. 24 hours ago
Amount | 17:23 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ETPOS | ден17.13 | ден13.05 | +31.25% |
1 ETPOS | ден34.26 | ден26.11 | +31.25% |
5 ETPOS | ден171.32 | ден130.53 | +31.25% |
10 ETPOS | ден342.65 | ден261.05 | +31.25% |
50 ETPOS | ден1,713.23 | ден1,305.26 | +31.25% |
100 ETPOS | ден3,426.46 | ден2,610.53 | +31.25% |
500 ETPOS | ден17,132.28 | ден13,052.65 | +31.25% |
1000 ETPOS | ден34,264.56 | ден26,105.29 | +31.25% |
ETPOS to MKD Today vs. 1 month ago
Amount | 17:23 today | 1 month ago | 1M change |
---|---|---|---|
0.5 ETPOS | ден17.13 | ден10.86 | +57.76% |
1 ETPOS | ден34.26 | ден21.72 | +57.76% |
5 ETPOS | ден171.32 | ден108.59 | +57.76% |
10 ETPOS | ден342.65 | ден217.17 | +57.76% |
50 ETPOS | ден1,713.23 | ден1,085.85 | +57.76% |
100 ETPOS | ден3,426.46 | ден2,171.71 | +57.76% |
500 ETPOS | ден17,132.28 | ден10,858.53 | +57.76% |
1000 ETPOS | ден34,264.56 | ден21,717.07 | +57.76% |
ETPOS to MKD Today vs. 1 year ago
Amount | 17:23 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 ETPOS | ден17.13 | ден65.29 | -73.76% |
1 ETPOS | ден34.26 | ден130.58 | -73.76% |
5 ETPOS | ден171.32 | ден652.89 | -73.76% |
10 ETPOS | ден342.65 | ден1,305.79 | -73.76% |
50 ETPOS | ден1,713.23 | ден6,528.93 | -73.76% |
100 ETPOS | ден3,426.46 | ден13,057.86 | -73.76% |
500 ETPOS | ден17,132.28 | ден65,289.3 | -73.76% |
1000 ETPOS | ден34,264.56 | ден130,578.6 | -73.76% |
How to convert ETPOS to MKD



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