Bitget converter provides RENBTC to MKD real-time exchange rates, making it easy to convert renBTC (RENBTC) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 RENBTC is currently valued at 862,620.83 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RENBTC is currently valued at 862,620.83 MKD, which means buying 5 RENBTC would cost 4,313,104.15 MKD. Similarly, ден1 MKD can be converted to 0.{5}1159 RENBTC, and ден50 MKD can be converted to 0.{5}5796 RENBTC, excluding any platform or gas fees.
In the table above, you'll find a comprehensive RENBTC to MKD converter that shows the value of renBTC in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 RENBTC to MKD, all the way up to 10000 RENBTC, providing a clear view of their respective values.
In the table above, you'll find a comprehensive MKD to RENBTC converter that shows the value of Macedonian Denar in renBTC across commonly used conversion amounts. The list covers conversions from 1 MKD to RENBTC, all the way up to 100000 MKD, providing a clear view of their respective values.
In the past 1D, renBTC has changed +0.46% to MKD. Based on the trend and price charts, renBTC(RENBTC) has changed +0.46% to MKD while Macedonian Denar(MKD) has changed % to RENBTC in the last 24 hours.
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RENBTC to MKD conversion data: Volatility and price changes of renBTC in MKD
The highest renBTC price in MKD over the past 7 days was 3,630,790.43 MKD while the lowest renBTC price in MKD over the past 7 days was 3,302,410.28 MKD. The relative change between the highs and lows in renBTC price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and RENBTC to MKD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
3,630,790.43 MKD
3,630,790.43 MKD
3,818,747.12 MKD
3,870,234.58 MKD
Low
3,516,774.47 MKD
3,302,410.28 MKD
3,302,410.28 MKD
3,036,181.54 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
+0.46%
+1.40%
-6.22%
+5.37%
renBTC information
RENBTC to MKD market statistics
RENBTC/MKD:
ден862,620.83
RENBTC 24h volume:
ден1,559.97
RENBTC market cap:
ден284,574,088.84
RENBTC circulating supply:
329.89474 RENBTC
Current RENBTC to MKD exchange rate
renBTC to Macedonian Denar is rising this week.
renBTC's current market price is ден862,620.83 per RENBTC, with a total market cap of ден284,574,088.84 MKD based on a circulating supply of 329.89474 RENBTC. The trading volume of renBTC has changed by +0.76% (ден11.72 MKD) in the last 24 hours. Last trading day, RENBTC's trading volume was ден1,548.25.
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 renBTC currency pair is the RENBTC to MKD, with for renBTC's currency code being RENBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
The exchange rate of 1 RENBTC to Macedonian Denar has changed by +1.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.46%, reaching a high of 3,630,790.43 MKD and a low of 3,516,774.47 MKD . One month ago, the value of 1 RENBTC was ден1,097,082.32 MKD , which represents a -6.22% change from its current value. Over the last year, renBTC has changed by
+ден
297,250.53MKD
, resulting in a change of +115.75% in its value.
24 hours ago1 month ago1 year ago
Amount
07:48 am today
24 hours ago
24h change
0.5 RENBTC
ден431,310.42
ден423,294.97
+0.46%
1 RENBTC
ден862,620.83
ден846,589.93
+0.46%
5 RENBTC
ден4,313,104.15
ден4,232,949.66
+0.46%
10 RENBTC
ден8,626,208.3
ден8,465,899.31
+0.46%
50 RENBTC
ден43,131,041.52
ден42,329,496.57
+0.46%
100 RENBTC
ден86,262,083.03
ден84,658,993.13
+0.46%
500 RENBTC
ден431,310,415.16
ден423,294,965.67
+0.46%
1000 RENBTC
ден862,620,830.32
ден846,589,931.33
+0.46%
RENBTC to MKD FAQ
How much is 1 renBTC in MKD?
Right now, the price of 1 renBTC (RENBTC) in Macedonian Denar (MKD) is ден862,620.83.
How much RENBTC can I buy for 1 MKD?
Based on the current exchange rate, you can get 0.{5}1159 RENBTC for 1 MKD.
How do I calculate or convert RENBTC to MKD?
You can use our RENBTC to MKD calculator at the top of this page to convert any amount of RENBTC to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 0.{5}5796 RENBTC, while 5 RENBTC will cost around 4,313,104.15MKD.
What is the highest price of RENBTC/MKD in history?
The all-time high price of 1 RENBTC in MKD is ден5,300,247.96. It remains to be seen if the value of 1 RENBTC/MKD will exceed the current all-time high.
What is the price trend of renBTC in MKD?
Over the past 7 days, the exchange rate of renBTC (RENBTC) has gone up by 1.40%.
Over the last month, the exchange rate of renBTC (RENBTC) has gone down by 6.22% against Macedonian Denar (MKD).
What factors influence the conversion rate of RENBTC to MKD?
There are many factors that affect the relationship between renBTC 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 RENBTC/MKD. When there is positive news in the market about the widespread adoption of RENBTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RENBTC/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RENBTC/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 RENBTC/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 renBTC and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular renBTC currency pairs: RENBTC to US Dollar (USD), RENBTC to Euro (EUR), RENBTC to Pound Sterling (GBP), RENBTC to Canadian Dollar (CAD), RENBTC to Indian Rupee (INR), RENBTC to Pakistani Rupee (PKR), RENBTC to Brazilian Real (BRL), RENBTC to… The price of renBTC in the US is $16,183.86 USD. Additionally, renBTC’s price is €14,011.99 EUR in the eurozone, £11,929.12 GBP in the UK, C$21,993.87 CAD in Canada, ₹1,393,762.2 INR in India, ₨4,579,223.47 PKR in Pakistan, R$89,799.39 BRL in Brazil, and more. The most popular renBTC currency pair is the RENBTC to Macedonian Denar(MKD). The price of 1 renBTC (RENBTC) in Macedonian Denar (MKD) is ден862,620.83.
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.