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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.39%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84306.10 (+0.15%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.39%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84306.10 (+0.15%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SBD
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Steem Dollars(SBD) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 43.51 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Steem Dollars currency pair is the SBD to MKD, with for Steem Dollars's currency code being SBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
SBD to MKD conversion rate trend
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In the past 1D, Steem Dollars has changed +0.78% to MKD. Based on the trend and price charts, Steem Dollars(SBD) has changed +0.78% to MKD while Macedonian Denar(MKD) has changed % to SBD in the last 24 hours.
SBD to MKD market statistics
SBD/MKD:
ден 43.51
SBD 24h volume:
ден 140,864,501.38
SBD market cap:
ден 428,958,738.99
SBD circulating supply:
9.86M SBD
More info about Steem Dollars on Bitget
Current SBD to MKD exchange rate
Steem Dollars to Macedonian Denar is rising this week.Steem Dollars's current market price is ден 43.51 per SBD, with a total market cap of ден 428,958,738.99 MKD based on a circulating supply of 9,858,017 SBD. The trading volume of Steem Dollars has changed by +232.31% (ден 98,474,390.19 MKD) in the last 24 hours. Last trading day, SBD's trading volume was ден 42,390,111.19.
SBD to MKD Conversion tables
The exchange rate of Steem Dollars is increasing.1 SBD is currently valued at ден 43.51 MKD , which means buying 5 SBD will cost ден 217.57 MKD . Similarly, ден1 MKD can be traded for 0.02298 SBD, and ден50 MKD can be converted to 1.15 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Macedonian Denar has changed by +3.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.78%, reaching a high of 44.09 MKD and a low of 41.95 MKD . One month ago, the value of 1 SBD was ден 39.21 MKD , which represents a +10.97% change from its current value. Over the last year, Steem Dollars has changed by , resulting in a change of -83.05% in its value.
-ден
213.09MKDSBD to MKD
Amount
08:27 am today
0.5 SBD
ден21.76
1 SBD
ден43.51
5 SBD
ден217.57
10 SBD
ден435.14
50 SBD
ден2,175.68
100 SBD
ден4,351.37
500 SBD
ден21,756.85
1000 SBD
ден43,513.69
MKD to SBD
Amount08:27 am today
0.5MKD0.01149 SBD
1MKD0.02298 SBD
5MKD0.1149 SBD
10MKD0.2298 SBD
50MKD1.15 SBD
100MKD2.3 SBD
500MKD11.49 SBD
1000MKD22.98 SBD
SBD to MKD Today vs. 24 hours ago
| Amount | 08:27 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SBD | ден21.76 | ден21.59 | +0.78% |
| 1 SBD | ден43.51 | ден43.18 | +0.78% |
| 5 SBD | ден217.57 | ден215.89 | +0.78% |
| 10 SBD | ден435.14 | ден431.77 | +0.78% |
| 50 SBD | ден2,175.68 | ден2,158.86 | +0.78% |
| 100 SBD | ден4,351.37 | ден4,317.73 | +0.78% |
| 500 SBD | ден21,756.85 | ден21,588.64 | +0.78% |
| 1000 SBD | ден43,513.69 | ден43,177.28 | +0.78% |
SBD to MKD Today vs. 1 month ago
| Amount | 08:27 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SBD | ден21.76 | ден19.61 | +10.97% |
| 1 SBD | ден43.51 | ден39.21 | +10.97% |
| 5 SBD | ден217.57 | ден196.06 | +10.97% |
| 10 SBD | ден435.14 | ден392.12 | +10.97% |
| 50 SBD | ден2,175.68 | ден1,960.62 | +10.97% |
| 100 SBD | ден4,351.37 | ден3,921.24 | +10.97% |
| 500 SBD | ден21,756.85 | ден19,606.21 | +10.97% |
| 1000 SBD | ден43,513.69 | ден39,212.43 | +10.97% |
SBD to MKD Today vs. 1 year ago
| Amount | 08:27 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SBD | ден21.76 | ден128.3 | -83.05% |
| 1 SBD | ден43.51 | ден256.6 | -83.05% |
| 5 SBD | ден217.57 | ден1,283.02 | -83.05% |
| 10 SBD | ден435.14 | ден2,566.03 | -83.05% |
| 50 SBD | ден2,175.68 | ден12,830.17 | -83.05% |
| 100 SBD | ден4,351.37 | ден25,660.33 | -83.05% |
| 500 SBD | ден21,756.85 | ден128,301.65 | -83.05% |
| 1000 SBD | ден43,513.69 | ден256,603.31 | -83.05% |
How to convert SBD to MKD
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert SBD to MKD
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.
Buy SBD (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of SBD with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy SBD with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell SBD (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of SBD to MKD. However, you can first exchange SBD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of SBD to MKD?
There are many factors that affect the relationship between Steem Dollars 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 SBD/MKD. When there is positive news in the market about the widespread adoption of SBD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SBD/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SBD/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.
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 SBD/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 Steem Dollars and adjust their investment strategies accordingly in the evolving market.
Steem Dollars price prediction
What will the price of SBD be in 2026?
Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $0.8344 in 2026.
What will the price of SBD be in 2031?
In 2031, the SBD price is expected to change by +17.00%. By the end of 2031, the SBD price is projected to reach $1.88, with a cumulative ROI of +143.61%.
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Popular Steem Dollars Converter
Check out these popular currency conversions of Steem Dollars to several fiat currencies.
SBD to TWD
1 SBD to NT$ 25.38 TWD
SBD to CNY
1 SBD to ¥ 5.58 CNY
SBD to USD
1 SBD to $ 0.7693 USD
SBD to MKD
1 SBD to ден 43.51 MKD
SBD to AUD
1 SBD to $ 1.23 AUD
SBD to EUR
1 SBD to € 0.7073 EUR
SBD to CAD
1 SBD to $ 1.11 CAD
SBD to KRW
1 SBD to ₩ 1,127.55 KRW
SBD to JPY
1 SBD to ¥ 114.87 JPY
SBD to GBP
1 SBD to £ 0.5954 GBP
SBD to BRL
1 SBD to R$ 4.41 BRL
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1 CYBER to ден 84.37 MKD
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1 CHEEMS to ден 0.{4}8569 MKD
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1 DEXE to ден 968.67 MKD
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1 MATH to ден 8.04 MKD
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1 ARPA to ден 1.68 MKD
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1 MAV to ден 4.63 MKD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Steem Dollars and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Steem Dollars and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Steem Dollars in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
