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.
UTYAB to MKD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ден0.002250 | 0.0200% / 0.0320%VIP 7 |
How to buy UTYABSWAP
Buy UTYAB (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
B BIG. 1 trades|Completion rate 100.00% | 0.95 USD | Amount1002.6 USDT Limit100 - 952.47 USD | ||
R RUSSBANK777 50 trades|Completion rate 93.00% | 0.95 USD | Amount900 USDT Limit10 - 800 USD | ||
M MeanLeap2222 69 trades|Completion rate 100.00% | 1.006 USD | Amount243.29 USDT Limit20 - 264 USD | ||
L LourdesCRIPTO 27 trades|Completion rate 96.00% | 1.03 USD | Amount265.49 USDT Limit10 - 273.45 USD | ||
R RUSSBANK777 50 trades|Completion rate 93.00% | 1.039 USD | Amount500 USDT Limit10 - 500 USD |
Sell UTYAB (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
R Russiad_BC 23 trades|Completion rate 64.00% | 1.245 USD | Amount2024.21 USDT Limit10 - 2000 USD | ||
g gorillaexchange 1 trades|Completion rate 33.00% | 1.184 USD | Amount2400 USDT Limit100 - 2350 USD | ||
W WORLD PRO 1 trades|Completion rate 8.00% | 1.05 USD | Amount10000 USDT Limit500 - 10010 USD | ||
R RUSSBANK777 50 trades|Completion rate 93.00% | 1.05 USD | Amount4954.1 USDT Limit10 - 500 USD | ||
B Brothers Group 0 trades|Completion rate 0.00% | 1.05 USD | Amount100000 USDT Limit1000 - 5000 USD |
What factors influence the conversion rate of UTYABSWAP to Macedonian Denar?
UTYABSWAP to Macedonian Denar is falling this week.Conversion tables
The exchange rate of UTYABSWAP is decreasing.UTYAB to MKD
MKD to UTYAB
Today vs. 24 hours ago
Amount | 07:51 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 UTYAB | $0.{4}1775 | $0.{4}1989 | -10.73% |
1 UTYAB | $0.{4}3551 | $0.{4}3978 | -10.73% |
5 UTYAB | $0.0001775 | $0.0001989 | -10.73% |
10 UTYAB | $0.0003551 | $0.0003978 | -10.73% |
50 UTYAB | $0.001775 | $0.001989 | -10.73% |
100 UTYAB | $0.003551 | $0.003978 | -10.73% |
500 UTYAB | $0.01775 | $0.01989 | -10.73% |
1000 UTYAB | $0.03551 | $0.03978 | -10.73% |
Today vs. 1 month ago
Amount | 07:51 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 UTYAB | $0.{4}1775 | $0.{4}9676 | -81.65% |
1 UTYAB | $0.{4}3551 | $0.0001935 | -81.65% |
5 UTYAB | $0.0001775 | $0.0009676 | -81.65% |
10 UTYAB | $0.0003551 | $0.001935 | -81.65% |
50 UTYAB | $0.001775 | $0.009676 | -81.65% |
100 UTYAB | $0.003551 | $0.01935 | -81.65% |
500 UTYAB | $0.01775 | $0.09676 | -81.65% |
1000 UTYAB | $0.03551 | $0.1935 | -81.65% |
Today vs. 1 year ago
Amount | 07:51 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 UTYAB | $0.{4}1775 | $0.0007042 | -97.48% |
1 UTYAB | $0.{4}3551 | $0.001408 | -97.48% |
5 UTYAB | $0.0001775 | $0.007042 | -97.48% |
10 UTYAB | $0.0003551 | $0.01408 | -97.48% |
50 UTYAB | $0.001775 | $0.07042 | -97.48% |
100 UTYAB | $0.003551 | $0.1408 | -97.48% |
500 UTYAB | $0.01775 | $0.7042 | -97.48% |
1000 UTYAB | $0.03551 | $1.41 | -97.48% |
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