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PHB to MKD Converter and calculator

PHB/MKD: 1 PHB = 31.49 MKD. The price of converting 1 Phoenix (PHB) to Macedonian Denar (MKD) is 31.49 MKD today.
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PHB
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PHB to MKD real-time exchange rates, making it easy to convert Phoenix (PHB) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 PHB is currently valued at 31.49 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PHB is currently valued at 31.49 MKD, which means buying 5 PHB would cost 157.45 MKD. Similarly, ден1 MKD can be converted to 0.03176 PHB, and ден50 MKD can be converted to 0.1588 PHB, excluding any platform or gas fees.

Convert PHB to MKD

Convert MKD to PHB

Phoenix
Macedonian Denar
100 PHB
3,149.04  MKD
200 PHB
6,298.07  MKD
500 PHB
15,745.18  MKD
1000 PHB
31,490.36  MKD
5000 PHB
157,451.82  MKD
10000 PHB
314,903.65  MKD
In the table above, you'll find a comprehensive PHB to MKD converter that shows the value of Phoenix in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 PHB to MKD, all the way up to 10000 PHB, providing a clear view of their respective values.
Macedonian Denar
Phoenix
100000 MKD
3,175.57 PHB
In the table above, you'll find a comprehensive MKD to PHB converter that shows the value of Macedonian Denar in Phoenix across commonly used conversion amounts. The list covers conversions from 1 MKD to PHB, all the way up to 100000 MKD, providing a clear view of their respective values.

PHB to MKD chart

PHB/MKD: 1 PHB = 31.49 MKD; 2025/04/29 16:48:24
In the past 1D, Phoenix has changed +1.57% to MKD. Based on the trend and price charts, Phoenix(PHB) has changed +1.57% to MKD while Macedonian Denar(MKD) has changed % to PHB in the last 24 hours.
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PHB to MKD conversion data: Volatility and price changes of Phoenix in MKD

The highest Phoenix price in MKD over the past 7 days was 36.12 MKD while the lowest Phoenix price in MKD over the past 7 days was 26.67 MKD. The relative change between the highs and lows in Phoenix price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and PHB to MKD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
32.91 MKD
36.12 MKD
36.12 MKD
77.71 MKD
Low
30.68 MKD
26.67 MKD
17.9 MKD
17.9 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
+1.57%
+21.39%
+19.12%
-56.81%

Phoenix information

PHB to MKD market statistics

PHB/MKD:
ден31.49
PHB 24h volume:
ден465,679,500.92
PHB market cap:
ден1,750,436,950.47
PHB circulating supply:
55.59M PHB

Current PHB to MKD exchange rate

Phoenix to Macedonian Denar is rising this week.
Phoenix's current market price is ден31.49 per PHB, with a total market cap of ден1,750,436,950.47 MKD based on a circulating supply of 55,586,428 PHB. The trading volume of Phoenix has changed by -22.31% (ден-133,736,246.91 MKD) in the last 24 hours. Last trading day, PHB's trading volume was ден599,415,747.83.

More info about Phoenix on Bitget

Macedonian Denar 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.

Bitget crypto-to-fiat exchange data shows that the most popular Phoenix currency pair is the PHB to MKD, with for Phoenix's currency code being PHB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

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How to convert PHB to MKD

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PHB to MKD Conversion tables

The exchange rate of Phoenix is increasing.
The exchange rate of 1 PHB to Macedonian Denar has changed by +21.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.57%, reaching a high of 32.91 MKD and a low of 30.68 MKD . One month ago, the value of 1 PHB was ден26.42 MKD , which represents a +19.12% change from its current value. Over the last year, Phoenix has changed by
-ден
57.12MKD
, resulting in a change of -64.40% in its value.
24 hours ago1 month ago1 year ago
Amount16:48 today24 hours ago24h change
0.5 PHBден15.75ден15.5
+1.57%
1 PHBден31.49ден31
+1.57%
5 PHBден157.45ден155.01
+1.57%
10 PHBден314.9ден310.02
+1.57%
50 PHBден1,574.52ден1,550.08
+1.57%
100 PHBден3,149.04ден3,100.16
+1.57%
500 PHBден15,745.18ден15,500.8
+1.57%
1000 PHBден31,490.36ден31,001.59
+1.57%

PHB to MKD FAQ

How much is 1 Phoenix in MKD?
Right now, the price of 1 Phoenix (PHB) in Macedonian Denar (MKD) is ден31.49.
How much PHB can I buy for 1 MKD?
Based on the current exchange rate, you can get 0.03176 PHB for 1 MKD.
How do I calculate or convert PHB to MKD?
You can use our PHB to MKD calculator at the top of this page to convert any amount of PHB to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 0.1588 PHB, while 5 PHB will cost around 157.45MKD.
What is the highest price of PHB/MKD in history?
The all-time high price of 1 PHB in MKD is ден221.11. It remains to be seen if the value of 1 PHB/MKD will exceed the current all-time high.
What is the price trend of Phoenix in MKD?
Over the past 7 days, the exchange rate of Phoenix (PHB) has gone up by 21.39%.   Over the last month, the exchange rate of Phoenix (PHB) has gone up by 19.12% against Macedonian Denar (MKD).

What factors influence the conversion rate of PHB to MKD?

There are many factors that affect the relationship between Phoenix and Macedonian Denar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PHB/MKD. When there is positive news in the market about the widespread adoption of PHB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PHB/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PHB/MKD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PHB/MKD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Phoenix and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.