


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.
MSQ to MKD conversion rate trend
MSQ to MKD market statistics
More info about MSQUARE GLOBAL on Bitget
Current MSQ to MKD exchange rate
MSQUARE GLOBAL to Macedonian Denar is falling this week.MSQ to MKD Conversion tables
The exchange rate of MSQUARE GLOBAL is decreasing.MSQ to MKD
MKD to MSQ
MSQ to MKD Today vs. 24 hours ago
Amount | 04:37 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MSQ | ден348.82 | ден362.05 | -3.64% |
1 MSQ | ден697.63 | ден724.1 | -3.64% |
5 MSQ | ден3,488.17 | ден3,620.5 | -3.64% |
10 MSQ | ден6,976.35 | ден7,241 | -3.64% |
50 MSQ | ден34,881.74 | ден36,204.97 | -3.64% |
100 MSQ | ден69,763.48 | ден72,409.95 | -3.64% |
500 MSQ | ден348,817.4 | ден362,049.75 | -3.64% |
1000 MSQ | ден697,634.8 | ден724,099.5 | -3.64% |
MSQ to MKD Today vs. 1 month ago
Amount | 04:37 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 MSQ | ден348.82 | ден438.27 | -20.36% |
1 MSQ | ден697.63 | ден876.53 | -20.36% |
5 MSQ | ден3,488.17 | ден4,382.67 | -20.36% |
10 MSQ | ден6,976.35 | ден8,765.34 | -20.36% |
50 MSQ | ден34,881.74 | ден43,826.68 | -20.36% |
100 MSQ | ден69,763.48 | ден87,653.37 | -20.36% |
500 MSQ | ден348,817.4 | ден438,266.84 | -20.36% |
1000 MSQ | ден697,634.8 | ден876,533.69 | -20.36% |
MSQ to MKD Today vs. 1 year ago
Amount | 04:37 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MSQ | ден348.82 | ден42.65 | +698.82% |
1 MSQ | ден697.63 | ден85.31 | +698.82% |
5 MSQ | ден3,488.17 | ден426.54 | +698.82% |
10 MSQ | ден6,976.35 | ден853.08 | +698.82% |
50 MSQ | ден34,881.74 | ден4,265.42 | +698.82% |
100 MSQ | ден69,763.48 | ден8,530.84 | +698.82% |
500 MSQ | ден348,817.4 | ден42,654.22 | +698.82% |
1000 MSQ | ден697,634.8 | ден85,308.44 | +698.82% |
How to convert MSQ to MKD



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