


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.
DEVVE to MKD conversion rate trend
DEVVE to MKD market statistics
More info about Devve on Bitget
Current DEVVE to MKD exchange rate
Devve to Macedonian Denar is falling this week.DEVVE to MKD Conversion tables
The exchange rate of Devve is decreasing.DEVVE to MKD
MKD to DEVVE
DEVVE to MKD Today vs. 24 hours ago
Amount | 00:56 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DEVVE | ден16.3 | ден17.45 | -6.61% |
1 DEVVE | ден32.6 | ден34.91 | -6.61% |
5 DEVVE | ден163.02 | ден174.55 | -6.61% |
10 DEVVE | ден326.05 | ден349.09 | -6.61% |
50 DEVVE | ден1,630.23 | ден1,745.47 | -6.61% |
100 DEVVE | ден3,260.47 | ден3,490.94 | -6.61% |
500 DEVVE | ден16,302.33 | ден17,454.72 | -6.61% |
1000 DEVVE | ден32,604.66 | ден34,909.43 | -6.61% |
DEVVE to MKD Today vs. 1 month ago
Amount | 00:56 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 DEVVE | ден16.3 | ден28.37 | -42.56% |
1 DEVVE | ден32.6 | ден56.73 | -42.56% |
5 DEVVE | ден163.02 | ден283.65 | -42.56% |
10 DEVVE | ден326.05 | ден567.3 | -42.56% |
50 DEVVE | ден1,630.23 | ден2,836.52 | -42.56% |
100 DEVVE | ден3,260.47 | ден5,673.03 | -42.56% |
500 DEVVE | ден16,302.33 | ден28,365.15 | -42.56% |
1000 DEVVE | ден32,604.66 | ден56,730.31 | -42.56% |
DEVVE to MKD Today vs. 1 year ago
Amount | 00:56 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 DEVVE | ден16.3 | ден49.95 | -67.39% |
1 DEVVE | ден32.6 | ден99.9 | -67.39% |
5 DEVVE | ден163.02 | ден499.48 | -67.39% |
10 DEVVE | ден326.05 | ден998.96 | -67.39% |
50 DEVVE | ден1,630.23 | ден4,994.81 | -67.39% |
100 DEVVE | ден3,260.47 | ден9,989.62 | -67.39% |
500 DEVVE | ден16,302.33 | ден49,948.08 | -67.39% |
1000 DEVVE | ден32,604.66 | ден99,896.16 | -67.39% |
How to convert DEVVE to MKD



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