


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.
MIMATIC to MKD conversion rate trend
MIMATIC to MKD market statistics
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Current MIMATIC to MKD exchange rate
MAI to Macedonian Denar is rising this week.MIMATIC to MKD Conversion tables
The exchange rate of MAI is increasing.MIMATIC to MKD
MKD to MIMATIC
MIMATIC to MKD Today vs. 24 hours ago
Amount | 05:42 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MIMATIC | ден28.2 | ден19.82 | +42.31% |
1 MIMATIC | ден56.4 | ден39.63 | +42.31% |
5 MIMATIC | ден282 | ден198.16 | +42.31% |
10 MIMATIC | ден564 | ден396.32 | +42.31% |
50 MIMATIC | ден2,820 | ден1,981.61 | +42.31% |
100 MIMATIC | ден5,639.99 | ден3,963.21 | +42.31% |
500 MIMATIC | ден28,199.97 | ден19,816.07 | +42.31% |
1000 MIMATIC | ден56,399.93 | ден39,632.13 | +42.31% |
MIMATIC to MKD Today vs. 1 month ago
Amount | 05:42 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 MIMATIC | ден28.2 | ден5.63 | +400.53% |
1 MIMATIC | ден56.4 | ден11.27 | +400.53% |
5 MIMATIC | ден282 | ден56.35 | +400.53% |
10 MIMATIC | ден564 | ден112.7 | +400.53% |
50 MIMATIC | ден2,820 | ден563.49 | +400.53% |
100 MIMATIC | ден5,639.99 | ден1,126.99 | +400.53% |
500 MIMATIC | ден28,199.97 | ден5,634.95 | +400.53% |
1000 MIMATIC | ден56,399.93 | ден11,269.89 | +400.53% |
MIMATIC to MKD Today vs. 1 year ago
Amount | 05:42 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MIMATIC | ден28.2 | ден14.71 | +91.70% |
1 MIMATIC | ден56.4 | ден29.42 | +91.70% |
5 MIMATIC | ден282 | ден147.11 | +91.70% |
10 MIMATIC | ден564 | ден294.23 | +91.70% |
50 MIMATIC | ден2,820 | ден1,471.13 | +91.70% |
100 MIMATIC | ден5,639.99 | ден2,942.25 | +91.70% |
500 MIMATIC | ден28,199.97 | ден14,711.25 | +91.70% |
1000 MIMATIC | ден56,399.93 | ден29,422.5 | +91.70% |
How to convert MIMATIC to MKD



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