


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.
FPFT to MKD conversion rate trend
FPFT to MKD market statistics
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Current FPFT to MKD exchange rate
Peruvian National Football Team Fan Token to Macedonian Denar is falling this week.FPFT to MKD Conversion tables
The exchange rate of Peruvian National Football Team Fan Token is decreasing.FPFT to MKD
MKD to FPFT
FPFT to MKD Today vs. 24 hours ago
Amount | 17:43 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FPFT | ден0.03595 | ден0.03630 | -0.96% |
1 FPFT | ден0.07191 | ден0.07261 | -0.96% |
5 FPFT | ден0.3595 | ден0.3630 | -0.96% |
10 FPFT | ден0.7191 | ден0.7261 | -0.96% |
50 FPFT | ден3.6 | ден3.63 | -0.96% |
100 FPFT | ден7.19 | ден7.26 | -0.96% |
500 FPFT | ден35.95 | ден36.3 | -0.96% |
1000 FPFT | ден71.91 | ден72.61 | -0.96% |
FPFT to MKD Today vs. 1 month ago
Amount | 17:43 today | 1 month ago | 1M change |
---|---|---|---|
0.5 FPFT | ден0.03595 | ден0.06258 | -42.55% |
1 FPFT | ден0.07191 | ден0.1252 | -42.55% |
5 FPFT | ден0.3595 | ден0.6258 | -42.55% |
10 FPFT | ден0.7191 | ден1.25 | -42.55% |
50 FPFT | ден3.6 | ден6.26 | -42.55% |
100 FPFT | ден7.19 | ден12.52 | -42.55% |
500 FPFT | ден35.95 | ден62.58 | -42.55% |
1000 FPFT | ден71.91 | ден125.16 | -42.55% |
FPFT to MKD Today vs. 1 year ago
Amount | 17:43 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 FPFT | ден0.03595 | ден0.2157 | -83.33% |
1 FPFT | ден0.07191 | ден0.4314 | -83.33% |
5 FPFT | ден0.3595 | ден2.16 | -83.33% |
10 FPFT | ден0.7191 | ден4.31 | -83.33% |
50 FPFT | ден3.6 | ден21.57 | -83.33% |
100 FPFT | ден7.19 | ден43.14 | -83.33% |
500 FPFT | ден35.95 | ден215.69 | -83.33% |
1000 FPFT | ден71.91 | ден431.38 | -83.33% |
How to convert FPFT to MKD



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