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ADANA
ADANA
swap
MKD
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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.

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ден0
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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0 ADANA

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0.5 ADANA
ден0
1 ADANA
ден0
5 ADANA
ден0
10 ADANA
ден0
50 ADANA
ден0
100 ADANA
ден0
500 ADANA
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1000 ADANA
ден0

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0.5MKDInfinity  ADANA
1MKDInfinity  ADANA
5MKDInfinity  ADANA
10MKDInfinity  ADANA
50MKDInfinity  ADANA
100MKDInfinity  ADANA
500MKDInfinity  ADANA
1000MKDInfinity  ADANA

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0.5 ADANA$0.00$-0.{4}3036
+2.07%
1 ADANA$0.00$-0.{4}6072
+2.07%
5 ADANA$0.00$-0.0003036
+2.07%
10 ADANA$0.00$-0.0006072
+2.07%
50 ADANA$0.00$-0.003036
+2.07%
100 ADANA$0.00$-0.006072
+2.07%
500 ADANA$0.00$-0.03036
+2.07%
1000 ADANA$0.00$-0.06072
+2.07%

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0.5 ADANA$0.00$0.{4}7667
-4.87%
1 ADANA$0.00$0.0001533
-4.87%
5 ADANA$0.00$0.0007667
-4.87%
10 ADANA$0.00$0.001533
-4.87%
50 ADANA$0.00$0.007667
-4.87%
100 ADANA$0.00$0.01533
-4.87%
500 ADANA$0.00$0.07667
-4.87%
1000 ADANA$0.00$0.1533
-4.87%

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0.5 ADANA$0.00$0.001124
-42.85%
1 ADANA$0.00$0.002248
-42.85%
5 ADANA$0.00$0.01124
-42.85%
10 ADANA$0.00$0.02248
-42.85%
50 ADANA$0.00$0.1124
-42.85%
100 ADANA$0.00$0.2248
-42.85%
500 ADANA$0.00$1.12
-42.85%
1000 ADANA$0.00$2.25
-42.85%

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