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base info CATBA INU

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CATBA
CATBA
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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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
ден0.0002354
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$292.27515507
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0 CATBA

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0.5 CATBA
ден0.0001177
1 CATBA
ден0.0002354
5 CATBA
ден0.001177
10 CATBA
ден0.002354
50 CATBA
ден0.01177
100 CATBA
ден0.02354
500 CATBA
ден0.1177
1000 CATBA
ден0.2354

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0.5MKD2,123.94  CATBA
1MKD4,247.89  CATBA
5MKD21,239.44  CATBA
10MKD42,478.87  CATBA
50MKD212,394.35  CATBA
100MKD424,788.7  CATBA
500MKD2,123,943.51  CATBA
1000MKD4,247,887.02  CATBA

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0.5 CATBA$0.{5}2082$0.{5}2138
-2.60%
1 CATBA$0.{5}4164$0.{5}4275
-2.60%
5 CATBA$0.{4}2082$0.{4}2138
-2.60%
10 CATBA$0.{4}4164$0.{4}4275
-2.60%
50 CATBA$0.0002082$0.0002138
-2.60%
100 CATBA$0.0004164$0.0004275
-2.60%
500 CATBA$0.002082$0.002138
-2.60%
1000 CATBA$0.004164$0.004275
-2.60%

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0.5 CATBA$0.{5}2082$0.{5}2308
-9.79%
1 CATBA$0.{5}4164$0.{5}4616
-9.79%
5 CATBA$0.{4}2082$0.{4}2308
-9.79%
10 CATBA$0.{4}4164$0.{4}4616
-9.79%
50 CATBA$0.0002082$0.0002308
-9.79%
100 CATBA$0.0004164$0.0004616
-9.79%
500 CATBA$0.002082$0.002308
-9.79%
1000 CATBA$0.004164$0.004616
-9.79%

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0.5 CATBA$0.{5}2082$0.00
0.00%
1 CATBA$0.{5}4164$0.00
0.00%
5 CATBA$0.{4}2082$0.00
0.00%
10 CATBA$0.{4}4164$0.00
0.00%
50 CATBA$0.0002082$0.00
0.00%
100 CATBA$0.0004164$0.00
0.00%
500 CATBA$0.002082$0.00
0.00%
1000 CATBA$0.004164$0.00
0.00%

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