ROOT
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 The Root Network(ROOT) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 1.33 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 The Root Network currency pair is the ROOT to MKD, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
ROOT to MKD conversion rate trend
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In the past 1D, The Root Network has changed +10.14% to MKD. Based on the trend and price charts, The Root Network(ROOT) has changed +10.14% to MKD while Macedonian Denar(MKD) has changed % to ROOT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ден1.34 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ден1.33 | 0.1000% / 0.1000% | Yes |
Gate.io | ден1.33 | 0.1000% / 0.1000% | Yes |
Bybit | ден1.32 | 0.1000% / 0.1000% | Yes |
KuCoin | ден1.33 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/08 08:00:15(UTC+0)
How to buy The Root Network
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy The Root Network (ROOT)
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.
Learn MoreBuy ROOT (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of ROOT with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT 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 ROOT (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of ROOT to MKD. However, you can first exchange ROOT 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 The Root Network to Macedonian Denar?
The Root Network to Macedonian Denar is rising this week.The Root Network's current market price is ден 1.33 per ROOT, with a total market cap of ден 1,931,424,094.77 MKD based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by -20.25% (ден -59,597,511.58 MKD) in the last 24 hours. Last trading day, ROOT's trading volume was ден 294,247,670.01.
Market cap
$33.84M
24h volume
$4.11M
Circulating supply
1.45B ROOT
Conversion tables
The exchange rate of The Root Network is increasing.1 ROOT is currently valued at ден 1.33 MKD , which means buying 5 ROOT will cost ден 6.67 MKD . Similarly, ден1 MKD can be traded for 0.7491 ROOT, and ден50 MKD can be converted to 37.45 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Macedonian Denar has changed by +33.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.14%, reaching a high of 1.36 MKD and a low of 1.17 MKD . One month ago, the value of 1 ROOT was ден 1.14 MKD , which represents a +16.94% change from its current value. Over the last year, The Root Network has changed by , resulting in a change of -48.16% in its value.
+ден
1.33MKDROOT to MKD
Amount
08:57 am today
0.5 ROOT
ден0.6675
1 ROOT
ден1.33
5 ROOT
ден6.67
10 ROOT
ден13.35
50 ROOT
ден66.75
100 ROOT
ден133.49
500 ROOT
ден667.47
1000 ROOT
ден1,334.94
MKD to ROOT
Amount08:57 am today
0.5MKD0.3745 ROOT
1MKD0.7491 ROOT
5MKD3.75 ROOT
10MKD7.49 ROOT
50MKD37.45 ROOT
100MKD74.91 ROOT
500MKD374.55 ROOT
1000MKD749.1 ROOT
Today vs. 24 hours ago
| Amount | 08:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ROOT | $0.01169 | $0.01062 | +10.14% |
| 1 ROOT | $0.02339 | $0.02124 | +10.14% |
| 5 ROOT | $0.1169 | $0.1062 | +10.14% |
| 10 ROOT | $0.2339 | $0.2124 | +10.14% |
| 50 ROOT | $1.17 | $1.06 | +10.14% |
| 100 ROOT | $2.34 | $2.12 | +10.14% |
| 500 ROOT | $11.69 | $10.62 | +10.14% |
| 1000 ROOT | $23.39 | $21.24 | +10.14% |
Today vs. 1 month ago
| Amount | 08:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ROOT | $0.01169 | $0.01000 | +16.94% |
| 1 ROOT | $0.02339 | $0.02000 | +16.94% |
| 5 ROOT | $0.1169 | $0.1000 | +16.94% |
| 10 ROOT | $0.2339 | $0.2000 | +16.94% |
| 50 ROOT | $1.17 | $1 | +16.94% |
| 100 ROOT | $2.34 | $2 | +16.94% |
| 500 ROOT | $11.69 | $10 | +16.94% |
| 1000 ROOT | $23.39 | $20 | +16.94% |
Today vs. 1 year ago
| Amount | 08:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ROOT | $0.01169 | $0.{4}1185 | -48.16% |
| 1 ROOT | $0.02339 | $0.{4}2371 | -48.16% |
| 5 ROOT | $0.1169 | $0.0001185 | -48.16% |
| 10 ROOT | $0.2339 | $0.0002371 | -48.16% |
| 50 ROOT | $1.17 | $0.001185 | -48.16% |
| 100 ROOT | $2.34 | $0.002371 | -48.16% |
| 500 ROOT | $11.69 | $0.01185 | -48.16% |
| 1000 ROOT | $23.39 | $0.02371 | -48.16% |
The Root Network price prediction
What will the price of ROOT be in 2025?
Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.03576 in 2025.
What will the price of ROOT be in 2030?
In 2030, the ROOT price is expected to change by -7.00%. By the end of 2030, the ROOT price is projected to reach $0.05372, with a cumulative ROI of +140.20%.
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Popular The Root Network conversions
Check out these popular currency conversions of The Root Network to several fiat currencies.
The Root Network to USD
1 ROOT to $ 0.02339 USD
The Root Network to GBP
1 ROOT to £ 0.01803 GBP
The Root Network to EUR
1 ROOT to € 0.02170 EUR
The Root Network to KRW
1 ROOT to ₩ 32.43 KRW
The Root Network to CAD
1 ROOT to $ 0.03246 CAD
The Root Network to AUD
1 ROOT to $ 0.03514 AUD
The Root Network to JPY
1 ROOT to ¥ 3.57 JPY
The Root Network to BRL
1 ROOT to R$ 0.1331 BRL
The Root Network to CNY
1 ROOT to ¥ 0.1673 CNY
The Root Network to TWD
1 ROOT to NT$ 0.7508 TWD
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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 The Root Network 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 The Root Network 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 The Root Network 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.
