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Thetanuts Finance is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet.

base info Thetanuts Finance

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NUTS
NUTS
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
ден0.1956
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$--
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$--
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-- NUTS

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0.5 NUTS
ден0.09780
1 NUTS
ден0.1956
5 NUTS
ден0.9780
10 NUTS
ден1.96
50 NUTS
ден9.78
100 NUTS
ден19.56
500 NUTS
ден97.8
1000 NUTS
ден195.6

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0.5MKD2.56  NUTS
1MKD5.11  NUTS
5MKD25.56  NUTS
10MKD51.12  NUTS
50MKD255.62  NUTS
100MKD511.24  NUTS
500MKD2,556.22  NUTS
1000MKD5,112.45  NUTS

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0.5 NUTS$0.001730$0.001720
+0.58%
1 NUTS$0.003460$0.003440
+0.58%
5 NUTS$0.01730$0.01720
+0.58%
10 NUTS$0.03460$0.03440
+0.58%
50 NUTS$0.1730$0.1720
+0.58%
100 NUTS$0.3460$0.3440
+0.58%
500 NUTS$1.73$1.72
+0.58%
1000 NUTS$3.46$3.44
+0.58%

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0.5 NUTS$0.001730$0.001880
-7.98%
1 NUTS$0.003460$0.003760
-7.98%
5 NUTS$0.01730$0.01880
-7.98%
10 NUTS$0.03460$0.03760
-7.98%
50 NUTS$0.1730$0.1880
-7.98%
100 NUTS$0.3460$0.3760
-7.98%
500 NUTS$1.73$1.88
-7.98%
1000 NUTS$3.46$3.76
-7.98%

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0.5 NUTS$0.001730$0.01500
-88.47%
1 NUTS$0.003460$0.03000
-88.47%
5 NUTS$0.01730$0.1500
-88.47%
10 NUTS$0.03460$0.3000
-88.47%
50 NUTS$0.1730$1.5
-88.47%
100 NUTS$0.3460$3
-88.47%
500 NUTS$1.73$15
-88.47%
1000 NUTS$3.46$30
-88.47%

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