


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.
LKT to MKD conversion rate trend
LKT to MKD market statistics
More info about Lux King Tech on Bitget
Current LKT to MKD exchange rate
Lux King Tech to Macedonian Denar is rising this week.LKT to MKD Conversion tables
The exchange rate of Lux King Tech is decreasing.LKT to MKD
MKD to LKT
LKT to MKD Today vs. 24 hours ago
Amount | 17:23 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LKT | ден49,940.92 | ден46,046.89 | +9.43% |
1 LKT | ден99,881.83 | ден92,093.78 | +9.43% |
5 LKT | ден499,409.15 | ден460,468.91 | +9.43% |
10 LKT | ден998,818.31 | ден920,937.83 | +9.43% |
50 LKT | ден4,994,091.55 | ден4,604,689.13 | +9.43% |
100 LKT | ден9,988,183.09 | ден9,209,378.26 | +9.43% |
500 LKT | ден49,940,915.46 | ден46,046,891.28 | +9.43% |
1000 LKT | ден99,881,830.91 | ден92,093,782.56 | +9.43% |
LKT to MKD Today vs. 1 month ago
Amount | 17:23 today | 1 month ago | 1M change |
---|---|---|---|
0.5 LKT | ден49,940.92 | ден50,289.44 | -0.77% |
1 LKT | ден99,881.83 | ден100,578.87 | -0.77% |
5 LKT | ден499,409.15 | ден502,894.37 | -0.77% |
10 LKT | ден998,818.31 | ден1,005,788.75 | -0.77% |
50 LKT | ден4,994,091.55 | ден5,028,943.73 | -0.77% |
100 LKT | ден9,988,183.09 | ден10,057,887.47 | -0.77% |
500 LKT | ден49,940,915.46 | ден50,289,437.34 | -0.77% |
1000 LKT | ден99,881,830.91 | ден100,578,874.68 | -0.77% |
LKT to MKD Today vs. 1 year ago
Amount | 17:23 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 LKT | ден49,940.92 | ден4,763.36 | +247918.64% |
1 LKT | ден99,881.83 | ден9,526.72 | +247918.64% |
5 LKT | ден499,409.15 | ден47,633.59 | +247918.64% |
10 LKT | ден998,818.31 | ден95,267.18 | +247918.64% |
50 LKT | ден4,994,091.55 | ден476,335.88 | +247918.64% |
100 LKT | ден9,988,183.09 | ден952,671.77 | +247918.64% |
500 LKT | ден49,940,915.46 | ден4,763,358.84 | +247918.64% |
1000 LKT | ден99,881,830.91 | ден9,526,717.67 | +247918.64% |
How to convert LKT to MKD



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