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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.61%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$87689.98 (-0.87%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.61%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$87689.98 (-0.87%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DRC
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Doric Network(DRC) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 DRC at a value of 1 DRC for 23.53 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Doric Network currency pair is the DRC to MKD, with for Doric Network's currency code being DRC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
DRC to MKD conversion rate trend
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In the past 1D, Doric Network has changed -0.08% to MKD. Based on the trend and price charts, Doric Network(DRC) has changed -0.08% to MKD while Macedonian Denar(MKD) has changed % to DRC in the last 24 hours.
DRC to MKD market statistics
DRC/MKD:
ден 23.53
DRC 24h volume:
ден 3,680,707.7
DRC market cap:
--
DRC circulating supply:
0 DRC
More info about Doric Network on Bitget
Current DRC to MKD exchange rate
Doric Network to Macedonian Denar is rising this week.Doric Network's current market price is ден 23.53 per DRC, with a total market cap of ден 0 MKD based on a circulating supply of -- DRC. The trading volume of Doric Network has changed by +1.28% (ден 46,463.81 MKD) in the last 24 hours. Last trading day, DRC's trading volume was ден 3,634,243.89.
DRC to MKD Conversion tables
The exchange rate of Doric Network is increasing.1 DRC is currently valued at ден 23.53 MKD , which means buying 5 DRC will cost ден 117.64 MKD . Similarly, ден1 MKD can be traded for 0.04250 DRC, and ден50 MKD can be converted to 2.13 DRC, excluding any platform or gas fees.
The exchange rate of 1 DRC to Macedonian Denar has changed by +1.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.08%, reaching a high of 23.59 MKD and a low of 23.45 MKD . One month ago, the value of 1 DRC was ден 23.32 MKD , which represents a +0.88% change from its current value. Over the last year, Doric Network has changed by , resulting in a change of -77.49% in its value.
-ден
81.02MKDDRC to MKD
Amount
18:48 today
0.5 DRC
ден11.76
1 DRC
ден23.53
5 DRC
ден117.64
10 DRC
ден235.29
50 DRC
ден1,176.43
100 DRC
ден2,352.86
500 DRC
ден11,764.31
1000 DRC
ден23,528.62
MKD to DRC
Amount18:48 today
0.5MKD0.02125 DRC
1MKD0.04250 DRC
5MKD0.2125 DRC
10MKD0.4250 DRC
50MKD2.13 DRC
100MKD4.25 DRC
500MKD21.25 DRC
1000MKD42.5 DRC
DRC to MKD Today vs. 24 hours ago
| Amount | 18:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRC | ден11.76 | ден11.77 | -0.08% |
| 1 DRC | ден23.53 | ден23.55 | -0.08% |
| 5 DRC | ден117.64 | ден117.73 | -0.08% |
| 10 DRC | ден235.29 | ден235.46 | -0.08% |
| 50 DRC | ден1,176.43 | ден1,177.32 | -0.08% |
| 100 DRC | ден2,352.86 | ден2,354.64 | -0.08% |
| 500 DRC | ден11,764.31 | ден11,773.18 | -0.08% |
| 1000 DRC | ден23,528.62 | ден23,546.37 | -0.08% |
DRC to MKD Today vs. 1 month ago
| Amount | 18:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRC | ден11.76 | ден11.66 | +0.88% |
| 1 DRC | ден23.53 | ден23.32 | +0.88% |
| 5 DRC | ден117.64 | ден116.62 | +0.88% |
| 10 DRC | ден235.29 | ден233.24 | +0.88% |
| 50 DRC | ден1,176.43 | ден1,166.18 | +0.88% |
| 100 DRC | ден2,352.86 | ден2,332.37 | +0.88% |
| 500 DRC | ден11,764.31 | ден11,661.83 | +0.88% |
| 1000 DRC | ден23,528.62 | ден23,323.65 | +0.88% |
DRC to MKD Today vs. 1 year ago
| Amount | 18:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRC | ден11.76 | ден52.28 | -77.49% |
| 1 DRC | ден23.53 | ден104.55 | -77.49% |
| 5 DRC | ден117.64 | ден522.75 | -77.49% |
| 10 DRC | ден235.29 | ден1,045.5 | -77.49% |
| 50 DRC | ден1,176.43 | ден5,227.52 | -77.49% |
| 100 DRC | ден2,352.86 | ден10,455.03 | -77.49% |
| 500 DRC | ден11,764.31 | ден52,275.15 | -77.49% |
| 1000 DRC | ден23,528.62 | ден104,550.31 | -77.49% |
How to convert DRC to MKD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DRC to MKD
Use a variety of payment options to buy Doric Network on Bitget. We'll show you how.
Buy DRC (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of DRC with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy DRC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell DRC (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of DRC to MKD. However, you can first exchange DRC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of DRC to MKD?
There are many factors that affect the relationship between Doric Network and Macedonian Denar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DRC/MKD. When there is positive news in the market about the widespread adoption of DRC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DRC/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DRC/MKD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DRC/MKD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Doric Network and adjust their investment strategies accordingly in the evolving market.
Doric Network price prediction
What will the price of DRC be in 2026?
Based on DRC's historical price performance prediction model, the price of DRC is projected to reach $0.3876 in 2026.
What will the price of DRC be in 2031?
In 2031, the DRC price is expected to change by +35.00%. By the end of 2031, the DRC price is projected to reach $0.9537, with a cumulative ROI of +130.48%.
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Popular Doric Network Converter
Check out these popular currency conversions of Doric Network to several fiat currencies.
DRC to TWD
1 DRC to NT$ 13.67 TWD
DRC to CNY
1 DRC to ¥ 3 CNY
DRC to USD
1 DRC to $ 0.4133 USD
DRC to MKD
1 DRC to ден 23.53 MKD
DRC to EUR
1 DRC to € 0.3822 EUR
DRC to CAD
1 DRC to $ 0.5909 CAD
DRC to KRW
1 DRC to ₩ 604.83 KRW
DRC to JPY
1 DRC to ¥ 61.91 JPY
DRC to GBP
1 DRC to £ 0.3188 GBP
DRC to BRL
1 DRC to R$ 2.36 BRL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Doric Network and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Doric Network and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Doric Network in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
