RENEC
MKD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of RENEC(RENEC) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 RENEC at a value of 1 RENEC for 13.61 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular RENEC currency pair is the RENEC to MKD, with for RENEC's currency code being RENEC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
RENEC to MKD conversion rate trend
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In the past 1D, RENEC has changed -1.52% to MKD. Based on the trend and price charts, RENEC(RENEC) has changed -1.52% to MKD while Macedonian Denar(MKD) has changed % to RENEC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ден13.72 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/27 00:30:48(UTC+0)
How to buy RENEC
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy RENEC (RENEC)
Use a variety of payment options to buy RENEC on Bitget. We'll show you how.
Buy RENEC (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of RENEC with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy RENEC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell RENEC (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of RENEC to MKD. However, you can first exchange RENEC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of RENEC to Macedonian Denar?
RENEC to Macedonian Denar is falling this week.RENEC's current market price is ден 13.61 per RENEC, with a total market cap of ден 488,632,298.2 MKD based on a circulating supply of 35,895,004 RENEC. The trading volume of RENEC has changed by +22.69% (ден 13,188.94 MKD) in the last 24 hours. Last trading day, RENEC's trading volume was ден 58,133.34.
Market cap
$8.27M
24h volume
$1.21K
Circulating supply
35.90M RENEC
Conversion tables
The exchange rate of RENEC is increasing.1 RENEC is currently valued at ден 13.61 MKD , which means buying 5 RENEC will cost ден 68.06 MKD . Similarly, ден1 MKD can be traded for 0.07346 RENEC, and ден50 MKD can be converted to 3.67 RENEC, excluding any platform or gas fees.
The exchange rate of 1 RENEC to Macedonian Denar has changed by -6.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.52%, reaching a high of 13.83 MKD and a low of 13.57 MKD . One month ago, the value of 1 RENEC was ден 12.06 MKD , which represents a +12.88% change from its current value. Over the last year, RENEC has changed by , resulting in a change of -28.72% in its value.
-ден
5.48MKDRENEC to MKD
Amount
05:37 am today
0.5 RENEC
ден6.81
1 RENEC
ден13.61
5 RENEC
ден68.06
10 RENEC
ден136.13
50 RENEC
ден680.64
100 RENEC
ден1,361.28
500 RENEC
ден6,806.41
1000 RENEC
ден13,612.82
MKD to RENEC
Amount05:37 am today
0.5MKD0.03673 RENEC
1MKD0.07346 RENEC
5MKD0.3673 RENEC
10MKD0.7346 RENEC
50MKD3.67 RENEC
100MKD7.35 RENEC
500MKD36.73 RENEC
1000MKD73.46 RENEC
Today vs. 24 hours ago
| Amount | 05:37 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RENEC | $0.1152 | $0.1170 | -1.52% |
| 1 RENEC | $0.2304 | $0.2340 | -1.52% |
| 5 RENEC | $1.15 | $1.17 | -1.52% |
| 10 RENEC | $2.3 | $2.34 | -1.52% |
| 50 RENEC | $11.52 | $11.7 | -1.52% |
| 100 RENEC | $23.04 | $23.4 | -1.52% |
| 500 RENEC | $115.2 | $116.98 | -1.52% |
| 1000 RENEC | $230.4 | $233.96 | -1.52% |
Today vs. 1 month ago
| Amount | 05:37 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RENEC | $0.1152 | $0.1021 | +12.88% |
| 1 RENEC | $0.2304 | $0.2041 | +12.88% |
| 5 RENEC | $1.15 | $1.02 | +12.88% |
| 10 RENEC | $2.3 | $2.04 | +12.88% |
| 50 RENEC | $11.52 | $10.21 | +12.88% |
| 100 RENEC | $23.04 | $20.41 | +12.88% |
| 500 RENEC | $115.2 | $102.06 | +12.88% |
| 1000 RENEC | $230.4 | $204.11 | +12.88% |
Today vs. 1 year ago
| Amount | 05:37 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RENEC | $0.1152 | $0.1616 | -28.72% |
| 1 RENEC | $0.2304 | $0.3232 | -28.72% |
| 5 RENEC | $1.15 | $1.62 | -28.72% |
| 10 RENEC | $2.3 | $3.23 | -28.72% |
| 50 RENEC | $11.52 | $16.16 | -28.72% |
| 100 RENEC | $23.04 | $32.32 | -28.72% |
| 500 RENEC | $115.2 | $161.61 | -28.72% |
| 1000 RENEC | $230.4 | $323.23 | -28.72% |
RENEC price prediction
What will the price of RENEC be in 2025?
Based on RENEC's historical price performance prediction model, the price of RENEC is projected to reach $0.3047 in 2025.
What will the price of RENEC be in 2030?
In 2030, the RENEC price is expected to change by -18.00%. By the end of 2030, the RENEC price is projected to reach $0.3811, with a cumulative ROI of +64.72%.
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Popular RENEC conversions
Check out these popular currency conversions of RENEC to several fiat currencies.
RENEC to USD
1 RENEC to $ 0.2304 USD
RENEC to GBP
1 RENEC to £ 0.1840 GBP
RENEC to EUR
1 RENEC to € 0.2213 EUR
RENEC to KRW
1 RENEC to ₩ 340.8 KRW
RENEC to CAD
1 RENEC to $ 0.3320 CAD
RENEC to AUD
1 RENEC to $ 0.3707 AUD
RENEC to JPY
1 RENEC to ¥ 36.32 JPY
RENEC to BRL
1 RENEC to R$ 1.42 BRL
RENEC to CNY
1 RENEC to ¥ 1.68 CNY
RENEC to TWD
1 RENEC to NT$ 7.54 TWD
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Explore other cryptocurrencies based on your interest in RENEC.
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1 GMT to ден 10.06 MKD
Solana to MKD
1 SOL to ден 11,106.53 MKD
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1 FTT to ден 220.54 MKD
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1 BGB to ден 437.32 MKD
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1 THE to ден 92.71 MKD
BNB to MKD
1 BNB to ден 40,988.88 MKD
Sui to MKD
1 SUI to ден 247.72 MKD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between RENEC and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as RENEC and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of RENEC in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
