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RAI to MKD Converter and calculator

RAI/MKD: 1 RAI = 141.46 MKD. The price of converting 1 Rai Reflex Index (RAI) to Macedonian Denar (MKD) is 141.46 MKD today.
RAI
RAI
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAI to MKD real-time exchange rates, making it easy to convert Rai Reflex Index (RAI) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 RAI is currently valued at 141.46 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAI is currently valued at 141.46 MKD, which means buying 5 RAI would cost 707.31 MKD. Similarly, ден1 MKD can be converted to 0.007069 RAI, and ден50 MKD can be converted to 0.03535 RAI, excluding any platform or gas fees.

Convert RAI to MKD

Convert MKD to RAI

Rai Reflex Index
Macedonian Denar
100 RAI
14,146.18  MKD
200 RAI
28,292.36  MKD
500 RAI
70,730.9  MKD
1000 RAI
141,461.81  MKD
5000 RAI
707,309.04  MKD
10000 RAI
1,414,618.07  MKD
In the table above, you'll find a comprehensive RAI to MKD converter that shows the value of Rai Reflex Index in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 RAI to MKD, all the way up to 10000 RAI, providing a clear view of their respective values.
Macedonian Denar
Rai Reflex Index
In the table above, you'll find a comprehensive MKD to RAI converter that shows the value of Macedonian Denar in Rai Reflex Index across commonly used conversion amounts. The list covers conversions from 1 MKD to RAI, all the way up to 100000 MKD, providing a clear view of their respective values.

RAI to MKD chart

RAI/MKD: 1 RAI = 141.46 MKD; 2025/04/28 09:21:36
In the past 1D, Rai Reflex Index has changed +4.17% to MKD. Based on the trend and price charts, Rai Reflex Index(RAI) has changed +4.17% to MKD while Macedonian Denar(MKD) has changed % to RAI in the last 24 hours.
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RAI to MKD conversion data: Volatility and price changes of Rai Reflex Index in MKD

The highest Rai Reflex Index price in MKD over the past 7 days was 165.95 MKD while the lowest Rai Reflex Index price in MKD over the past 7 days was 127.33 MKD. The relative change between the highs and lows in Rai Reflex Index price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and RAI 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
146.19 MKD
165.95 MKD
191 MKD
191 MKD
Low
134.11 MKD
127.33 MKD
106.63 MKD
106.63 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
+4.17%
-6.54%
-13.18%
-12.39%

Rai Reflex Index information

RAI to MKD market statistics

RAI/MKD:
ден141.46
RAI 24h volume:
ден3,557,999.23
RAI market cap:
ден112,533,426.46
RAI circulating supply:
795.50K RAI

Current RAI to MKD exchange rate

Rai Reflex Index to Macedonian Denar is falling this week.
Rai Reflex Index's current market price is ден141.46 per RAI, with a total market cap of ден112,533,426.46 MKD based on a circulating supply of 795,503.94 RAI. The trading volume of Rai Reflex Index has changed by +46.32% (ден1,126,346.44 MKD) in the last 24 hours. Last trading day, RAI's trading volume was ден2,431,652.8.

More info about Rai Reflex Index 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 Rai Reflex Index currency pair is the RAI to MKD, with for Rai Reflex Index's currency code being RAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

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How to convert RAI to MKD

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

The exchange rate of Rai Reflex Index is decreasing.
The exchange rate of 1 RAI to Macedonian Denar has changed by -6.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.17%, reaching a high of 146.19 MKD and a low of 134.11 MKD . One month ago, the value of 1 RAI was ден162.93 MKD , which represents a -13.18% change from its current value. Over the last year, Rai Reflex Index has changed by
-ден
14.35MKD
, resulting in a change of -9.21% in its value.
24 hours ago1 month ago1 year ago
Amount09:21 am today24 hours ago24h change
0.5 RAIден70.73ден67.9
+4.17%
1 RAIден141.46ден135.8
+4.17%
5 RAIден707.31ден678.99
+4.17%
10 RAIден1,414.62ден1,357.97
+4.17%
50 RAIден7,073.09ден6,789.87
+4.17%
100 RAIден14,146.18ден13,579.74
+4.17%
500 RAIден70,730.9ден67,898.71
+4.17%
1000 RAIден141,461.81ден135,797.42
+4.17%

RAI to MKD FAQ

How much is 1 Rai Reflex Index in MKD?
Right now, the price of 1 Rai Reflex Index (RAI) in Macedonian Denar (MKD) is ден141.46.
How much RAI can I buy for 1 MKD?
Based on the current exchange rate, you can get 0.007069 RAI for 1 MKD.
How do I calculate or convert RAI to MKD?
You can use our RAI to MKD calculator at the top of this page to convert any amount of RAI to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 0.03535 RAI, while 5 RAI will cost around 707.31MKD.
What is the highest price of RAI/MKD in history?
The all-time high price of 1 RAI in MKD is ден227.06. It remains to be seen if the value of 1 RAI/MKD will exceed the current all-time high.
What is the price trend of Rai Reflex Index in MKD?
Over the past 7 days, the exchange rate of Rai Reflex Index (RAI) has gone down by 6.54%.   Over the last month, the exchange rate of Rai Reflex Index (RAI) has gone down by 13.18% against Macedonian Denar (MKD).

What factors influence the conversion rate of RAI to MKD?

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