FAR to MKD Converter and calculator


Conversion rates
Convert FAR to MKD
Convert MKD to FAR
FAR to MKD chart
FAR to MKD conversion data: Volatility and price changes of Farcana in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.02514 MKD | 0.03287 MKD | 0.05006 MKD | 0.1440 MKD |
Low | 0.02183 MKD | 0.02202 MKD | 0.02183 MKD | 0.02183 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | -9.06% | -28.83% | -54.69% | -75.61% |
Farcana information
FAR to MKD market statistics
Current FAR to MKD exchange rate
Farcana to Macedonian Denar is falling this week.More info about Farcana 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.
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FAR to MKD Conversion tables
Amount | 15:15 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FAR | ден0.01150 | ден0.01263 | -9.06% |
1 FAR | ден0.02300 | ден0.02526 | -9.06% |
5 FAR | ден0.1150 | ден0.1263 | -9.06% |
10 FAR | ден0.2300 | ден0.2526 | -9.06% |
50 FAR | ден1.15 | ден1.26 | -9.06% |
100 FAR | ден2.3 | ден2.53 | -9.06% |
500 FAR | ден11.5 | ден12.63 | -9.06% |
1000 FAR | ден23 | ден25.26 | -9.06% |
FAR to MKD FAQ
What factors influence the conversion rate of FAR to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Farcana in the US is $0.0004301 USD. Additionally, Farcana’s price is €0.0003734 EUR in the eurozone, £0.0003187 GBP in the UK, C$0.0005897 CAD in Canada, ₹0.03727 INR in India, ₨0.1221 PKR in Pakistan, R$0.002357 BRL in Brazil, and more.
The most popular Farcana currency pair is the FAR to Macedonian Denar(MKD). The price of 1 Farcana (FAR) in Macedonian Denar (MKD) is ден0.02300.
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