


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.
EIGEN to MKD conversion rate trend
EIGEN to MKD market statistics
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Current EIGEN to MKD exchange rate
EigenLayer to Macedonian Denar is falling this week.EIGEN to MKD Conversion tables
The exchange rate of EigenLayer is decreasing.EIGEN to MKD
MKD to EIGEN
EIGEN to MKD Today vs. 24 hours ago
Amount | 20:45 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 EIGEN | ден25.43 | ден26.33 | -3.44% |
1 EIGEN | ден50.86 | ден52.65 | -3.44% |
5 EIGEN | ден254.28 | ден263.26 | -3.44% |
10 EIGEN | ден508.56 | ден526.53 | -3.44% |
50 EIGEN | ден2,542.82 | ден2,632.63 | -3.44% |
100 EIGEN | ден5,085.65 | ден5,265.25 | -3.44% |
500 EIGEN | ден25,428.23 | ден26,326.27 | -3.44% |
1000 EIGEN | ден50,856.46 | ден52,652.54 | -3.44% |
EIGEN to MKD Today vs. 1 month ago
Amount | 20:45 today | 1 month ago | 1M change |
---|---|---|---|
0.5 EIGEN | ден25.43 | ден41.64 | -39.16% |
1 EIGEN | ден50.86 | ден83.28 | -39.16% |
5 EIGEN | ден254.28 | ден416.42 | -39.16% |
10 EIGEN | ден508.56 | ден832.84 | -39.16% |
50 EIGEN | ден2,542.82 | ден4,164.19 | -39.16% |
100 EIGEN | ден5,085.65 | ден8,328.38 | -39.16% |
500 EIGEN | ден25,428.23 | ден41,641.91 | -39.16% |
1000 EIGEN | ден50,856.46 | ден83,283.82 | -39.16% |
EIGEN to MKD Today vs. 1 year ago
Amount | 20:45 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 EIGEN | ден25.43 | ден0.2431 | -72.53% |
1 EIGEN | ден50.86 | ден0.4861 | -72.53% |
5 EIGEN | ден254.28 | ден2.43 | -72.53% |
10 EIGEN | ден508.56 | ден4.86 | -72.53% |
50 EIGEN | ден2,542.82 | ден24.31 | -72.53% |
100 EIGEN | ден5,085.65 | ден48.61 | -72.53% |
500 EIGEN | ден25,428.23 | ден243.05 | -72.53% |
1000 EIGEN | ден50,856.46 | ден486.11 | -72.53% |
How to convert EIGEN to MKD



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