


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.
FRXETH to MKD conversion rate trend
FRXETH to MKD market statistics
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Current FRXETH to MKD exchange rate
Frax Finance - Frax Ether to Macedonian Denar is rising this week.FRXETH to MKD Conversion tables
The exchange rate of Frax Finance - Frax Ether is decreasing.FRXETH to MKD
MKD to FRXETH
FRXETH to MKD Today vs. 24 hours ago
Amount | 17:15 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FRXETH | ден55,399.53 | ден57,761.51 | -4.09% |
1 FRXETH | ден110,799.05 | ден115,523.03 | -4.09% |
5 FRXETH | ден553,995.27 | ден577,615.14 | -4.09% |
10 FRXETH | ден1,107,990.54 | ден1,155,230.28 | -4.09% |
50 FRXETH | ден5,539,952.71 | ден5,776,151.42 | -4.09% |
100 FRXETH | ден11,079,905.41 | ден11,552,302.83 | -4.09% |
500 FRXETH | ден55,399,527.07 | ден57,761,514.17 | -4.09% |
1000 FRXETH | ден110,799,054.15 | ден115,523,028.34 | -4.09% |
FRXETH to MKD Today vs. 1 month ago
Amount | 17:15 today | 1 month ago | 1M change |
---|---|---|---|
0.5 FRXETH | ден55,399.53 | ден74,865.83 | -26.00% |
1 FRXETH | ден110,799.05 | ден149,731.67 | -26.00% |
5 FRXETH | ден553,995.27 | ден748,658.33 | -26.00% |
10 FRXETH | ден1,107,990.54 | ден1,497,316.66 | -26.00% |
50 FRXETH | ден5,539,952.71 | ден7,486,583.29 | -26.00% |
100 FRXETH | ден11,079,905.41 | ден14,973,166.59 | -26.00% |
500 FRXETH | ден55,399,527.07 | ден74,865,832.95 | -26.00% |
1000 FRXETH | ден110,799,054.15 | ден149,731,665.9 | -26.00% |
FRXETH to MKD Today vs. 1 year ago
Amount | 17:15 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 FRXETH | ден55,399.53 | ден91,046.88 | -39.15% |
1 FRXETH | ден110,799.05 | ден182,093.75 | -39.15% |
5 FRXETH | ден553,995.27 | ден910,468.77 | -39.15% |
10 FRXETH | ден1,107,990.54 | ден1,820,937.55 | -39.15% |
50 FRXETH | ден5,539,952.71 | ден9,104,687.73 | -39.15% |
100 FRXETH | ден11,079,905.41 | ден18,209,375.46 | -39.15% |
500 FRXETH | ден55,399,527.07 | ден91,046,877.32 | -39.15% |
1000 FRXETH | ден110,799,054.15 | ден182,093,754.64 | -39.15% |
How to convert FRXETH to MKD



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Sell FRXETH (or USDT) for MKD (Macedonian Denar) offers
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