


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.
LYX to MKD conversion rate trend
LYX to MKD market statistics
More info about LUKSO on Bitget
Current LYX to MKD exchange rate
LUKSO to Macedonian Denar is falling this week.LYX to MKD Conversion tables
The exchange rate of LUKSO is decreasing.LYX to MKD
MKD to LYX
LYX to MKD Today vs. 24 hours ago
Amount | 17:38 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LYX | ден24.55 | ден25.39 | -3.29% |
1 LYX | ден49.1 | ден50.78 | -3.29% |
5 LYX | ден245.52 | ден253.89 | -3.29% |
10 LYX | ден491.05 | ден507.77 | -3.29% |
50 LYX | ден2,455.23 | ден2,538.85 | -3.29% |
100 LYX | ден4,910.47 | ден5,077.71 | -3.29% |
500 LYX | ден24,552.33 | ден25,388.53 | -3.29% |
1000 LYX | ден49,104.66 | ден50,777.07 | -3.29% |
LYX to MKD Today vs. 1 month ago
Amount | 17:38 today | 1 month ago | 1M change |
---|---|---|---|
0.5 LYX | ден24.55 | ден39.12 | -37.25% |
1 LYX | ден49.1 | ден78.25 | -37.25% |
5 LYX | ден245.52 | ден391.24 | -37.25% |
10 LYX | ден491.05 | ден782.48 | -37.25% |
50 LYX | ден2,455.23 | ден3,912.39 | -37.25% |
100 LYX | ден4,910.47 | ден7,824.79 | -37.25% |
500 LYX | ден24,552.33 | ден39,123.93 | -37.25% |
1000 LYX | ден49,104.66 | ден78,247.87 | -37.25% |
LYX to MKD Today vs. 1 year ago
Amount | 17:38 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 LYX | ден24.55 | ден174.74 | -85.95% |
1 LYX | ден49.1 | ден349.48 | -85.95% |
5 LYX | ден245.52 | ден1,747.41 | -85.95% |
10 LYX | ден491.05 | ден3,494.82 | -85.95% |
50 LYX | ден2,455.23 | ден17,474.1 | -85.95% |
100 LYX | ден4,910.47 | ден34,948.2 | -85.95% |
500 LYX | ден24,552.33 | ден174,741.01 | -85.95% |
1000 LYX | ден49,104.66 | ден349,482.01 | -85.95% |
How to convert LYX to MKD



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