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ELF to MKD Converter and calculator

ELF/MKD: 1 ELF = 0.004039 MKD. The price of converting 1 ELF Wallet (ELF) to Macedonian Denar (MKD) is 0.004039 MKD today.
ELF
ELF
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELF to MKD real-time exchange rates, making it easy to convert ELF Wallet (ELF) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 ELF is currently valued at 0.00 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELF is currently valued at 0.00 MKD, which means buying 5 ELF would cost 0.02 MKD. Similarly, ден1 MKD can be converted to 247.57 ELF, and ден50 MKD can be converted to 1,237.85 ELF, excluding any platform or gas fees.

Convert ELF to MKD

Convert MKD to ELF

ELF Wallet
Macedonian Denar
In the table above, you'll find a comprehensive ELF to MKD converter that shows the value of ELF Wallet in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 ELF to MKD, all the way up to 10000 ELF, providing a clear view of their respective values.
Macedonian Denar
ELF Wallet
1000 MKD
247,569.74 ELF
2000 MKD
495,139.49 ELF
5000 MKD
1,237,848.72 ELF
10000 MKD
2,475,697.43 ELF
50000 MKD
12,378,487.17 ELF
100000 MKD
24,756,974.34 ELF
In the table above, you'll find a comprehensive MKD to ELF converter that shows the value of Macedonian Denar in ELF Wallet across commonly used conversion amounts. The list covers conversions from 1 MKD to ELF, all the way up to 100000 MKD, providing a clear view of their respective values.

ELF to MKD chart

ELF/MKD: 1 ELF = 0.004039 MKD; 2025/04/26 18:34:59
In the past 1D, ELF Wallet has changed +12.58% to MKD. Based on the trend and price charts, ELF Wallet(ELF) has changed +12.58% to MKD while Macedonian Denar(MKD) has changed % to ELF in the last 24 hours.
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ELF to MKD conversion data: Volatility and price changes of ELF Wallet in MKD

The highest ELF Wallet price in MKD over the past 7 days was 0.004039 MKD while the lowest ELF Wallet price in MKD over the past 7 days was 0.003396 MKD. The relative change between the highs and lows in ELF Wallet price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and ELF to MKD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.004039 MKD
0.004039 MKD
0.004039 MKD
0.006068 MKD
Low
0.003565 MKD
0.003396 MKD
0.003228 MKD
0.003228 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
+12.58%
+18.94%
+5.54%
-10.80%

ELF Wallet information

ELF to MKD market statistics

ELF/MKD:
ден0.004039
ELF 24h volume:
--
ELF market cap:
--
ELF circulating supply:
0 ELF

Current ELF to MKD exchange rate

ELF Wallet to Macedonian Denar is rising this week.
ELF Wallet's current market price is ден0.004039 per ELF, with a total market cap of ден0 MKD based on a circulating supply of -- ELF. The trading volume of ELF Wallet has changed by 0.00% (ден0 MKD) in the last 24 hours. Last trading day, ELF's trading volume was ден0.

More info about ELF Wallet on Bitget

Macedonian Denar 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 ELF Wallet currency pair is the ELF to MKD, with for ELF Wallet's currency code being ELF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

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How to convert ELF to MKD

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Convert ELF to MKD
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Buy ELF (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of ELF with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy ELF with USDT via Bitget spot market.
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ELF to MKD Conversion tables

The exchange rate of ELF Wallet is increasing.
The exchange rate of 1 ELF to Macedonian Denar has changed by +18.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.58%, reaching a high of 0.004039 MKD and a low of 0.003565 MKD . One month ago, the value of 1 ELF was ден0.003827 MKD , which represents a +5.54% change from its current value. Over the last year, ELF Wallet has changed by
+ден
0.001555MKD
, resulting in a change of +62.59% in its value.
24 hours ago1 month ago1 year ago
Amount18:34 today24 hours ago24h change
0.5 ELFден0.002020ден0.001794
+12.58%
1 ELFден0.004039ден0.003588
+12.58%
5 ELFден0.02020ден0.01794
+12.58%
10 ELFден0.04039ден0.03588
+12.58%
50 ELFден0.2020ден0.1794
+12.58%
100 ELFден0.4039ден0.3588
+12.58%
500 ELFден2.02ден1.79
+12.58%
1000 ELFден4.04ден3.59
+12.58%

ELF to MKD FAQ

How much is 1 ELF Wallet in MKD?
Right now, the price of 1 ELF Wallet (ELF) in Macedonian Denar (MKD) is ден0.004039.
How much ELF can I buy for 1 MKD?
Based on the current exchange rate, you can get 247.57 ELF for 1 MKD.
How do I calculate or convert ELF to MKD?
You can use our ELF to MKD calculator at the top of this page to convert any amount of ELF to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 1,237.85 ELF, while 5 ELF will cost around 0.02020MKD.
What is the highest price of ELF/MKD in history?
The all-time high price of 1 ELF in MKD is ден3.82. It remains to be seen if the value of 1 ELF/MKD will exceed the current all-time high.
What is the price trend of ELF Wallet in MKD?
Over the past 7 days, the exchange rate of ELF Wallet (ELF) has gone up by 18.94%.   Over the last month, the exchange rate of ELF Wallet (ELF) has gone up by 5.54% against Macedonian Denar (MKD).

What factors influence the conversion rate of ELF to MKD?

There are many factors that affect the relationship between ELF Wallet 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 ELF/MKD. When there is positive news in the market about the widespread adoption of ELF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELF/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELF/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.
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 ELF/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 ELF Wallet and adjust their investment strategies accordingly in the evolving market.

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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.