


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.
WFTM to MKD conversion rate trend
WFTM to MKD market statistics
More info about Wrapped Fantom on Bitget
Current WFTM to MKD exchange rate
Wrapped Fantom to Macedonian Denar is falling this week.WFTM to MKD Conversion tables
The exchange rate of Wrapped Fantom is decreasing.WFTM to MKD
MKD to WFTM
WFTM to MKD Today vs. 24 hours ago
Amount | 02:39 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WFTM | ден15.13 | ден15.05 | +0.52% |
1 WFTM | ден30.26 | ден30.1 | +0.52% |
5 WFTM | ден151.31 | ден150.51 | +0.52% |
10 WFTM | ден302.62 | ден301.01 | +0.52% |
50 WFTM | ден1,513.12 | ден1,505.06 | +0.52% |
100 WFTM | ден3,026.23 | ден3,010.13 | +0.52% |
500 WFTM | ден15,131.17 | ден15,050.65 | +0.52% |
1000 WFTM | ден30,262.34 | ден30,101.3 | +0.52% |
WFTM to MKD Today vs. 1 month ago
Amount | 02:39 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 WFTM | ден15.13 | ден24.96 | -38.82% |
1 WFTM | ден30.26 | ден49.92 | -38.82% |
5 WFTM | ден151.31 | ден249.62 | -38.82% |
10 WFTM | ден302.62 | ден499.24 | -38.82% |
50 WFTM | ден1,513.12 | ден2,496.2 | -38.82% |
100 WFTM | ден3,026.23 | ден4,992.41 | -38.82% |
500 WFTM | ден15,131.17 | ден24,962.04 | -38.82% |
1000 WFTM | ден30,262.34 | ден49,924.08 | -38.82% |
WFTM to MKD Today vs. 1 year ago
Amount | 02:39 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 WFTM | ден15.13 | ден7.97 | +85.82% |
1 WFTM | ден30.26 | ден15.95 | +85.82% |
5 WFTM | ден151.31 | ден79.75 | +85.82% |
10 WFTM | ден302.62 | ден159.49 | +85.82% |
50 WFTM | ден1,513.12 | ден797.46 | +85.82% |
100 WFTM | ден3,026.23 | ден1,594.92 | +85.82% |
500 WFTM | ден15,131.17 | ден7,974.58 | +85.82% |
1000 WFTM | ден30,262.34 | ден15,949.16 | +85.82% |
How to convert WFTM to MKD



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