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WELA to MKD Converter and calculator

WELA/MKD: 1 WELA = 72.86 MKD. The price of converting 1 Wrapped Elastos (WELA) to Macedonian Denar (MKD) is 72.86 MKD today.
WELA
WELA
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELA to MKD real-time exchange rates, making it easy to convert Wrapped Elastos (WELA) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 WELA is currently valued at 72.86 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELA is currently valued at 72.86 MKD, which means buying 5 WELA would cost 364.32 MKD. Similarly, ден1 MKD can be converted to 0.01372 WELA, and ден50 MKD can be converted to 0.06862 WELA, excluding any platform or gas fees.

Convert WELA to MKD

Convert MKD to WELA

Wrapped Elastos
Macedonian Denar
20 WELA
1,457.27  MKD
50 WELA
3,643.16  MKD
100 WELA
7,286.33  MKD
200 WELA
14,572.65  MKD
500 WELA
36,431.64  MKD
1000 WELA
72,863.27  MKD
5000 WELA
364,316.35  MKD
10000 WELA
728,632.7  MKD
In the table above, you'll find a comprehensive WELA to MKD converter that shows the value of Wrapped Elastos in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 WELA to MKD, all the way up to 10000 WELA, providing a clear view of their respective values.
Macedonian Denar
Wrapped Elastos
100000 MKD
1,372.43 WELA
In the table above, you'll find a comprehensive MKD to WELA converter that shows the value of Macedonian Denar in Wrapped Elastos across commonly used conversion amounts. The list covers conversions from 1 MKD to WELA, all the way up to 100000 MKD, providing a clear view of their respective values.

WELA to MKD chart

WELA/MKD: 1 WELA = 72.86 MKD; 2025/04/28 00:56:04
In the past 1D, Wrapped Elastos has changed -0.70% to MKD. Based on the trend and price charts, Wrapped Elastos(WELA) has changed -0.70% to MKD while Macedonian Denar(MKD) has changed % to WELA in the last 24 hours.
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WELA to MKD conversion data: Volatility and price changes of Wrapped Elastos in MKD

The highest Wrapped Elastos price in MKD over the past 7 days was 140.24 MKD while the lowest Wrapped Elastos price in MKD over the past 7 days was 130.7 MKD. The relative change between the highs and lows in Wrapped Elastos price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and WELA 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
132.12 MKD
140.24 MKD
167.75 MKD
327.96 MKD
Low
130.7 MKD
130.7 MKD
130.7 MKD
130.7 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
-0.70%
-7.17%
-21.85%
-29.73%

Wrapped Elastos information

WELA to MKD market statistics

WELA/MKD:
ден72.86
WELA 24h volume:
ден14,578.17
WELA market cap:
ден28,537,174.32
WELA circulating supply:
391.65K WELA

Current WELA to MKD exchange rate

Wrapped Elastos to Macedonian Denar is falling this week.
Wrapped Elastos's current market price is ден72.86 per WELA, with a total market cap of ден28,537,174.32 MKD based on a circulating supply of 391,653.78 WELA. The trading volume of Wrapped Elastos has changed by 0.00% (ден0 MKD) in the last 24 hours. Last trading day, WELA's trading volume was ден14,578.17.

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

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How to convert WELA to MKD

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WELA to MKD
1 WELA to ден72.86 MKD
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WELA to MKD Conversion tables

The exchange rate of Wrapped Elastos is decreasing.
The exchange rate of 1 WELA to Macedonian Denar has changed by -7.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 132.12 MKD and a low of 130.7 MKD . One month ago, the value of 1 WELA was ден109.41 MKD , which represents a -21.85% change from its current value. Over the last year, Wrapped Elastos has changed by
+ден
47.64MKD
, resulting in a change of +57.36% in its value.
24 hours ago1 month ago1 year ago
Amount00:56 am today24 hours ago24h change
0.5 WELAден36.43ден36.89
-0.70%
1 WELAден72.86ден73.78
-0.70%
5 WELAден364.32ден368.9
-0.70%
10 WELAден728.63ден737.8
-0.70%
50 WELAден3,643.16ден3,689
-0.70%
100 WELAден7,286.33ден7,377.99
-0.70%
500 WELAден36,431.64ден36,889.97
-0.70%
1000 WELAден72,863.27ден73,779.95
-0.70%

WELA to MKD FAQ

How much is 1 Wrapped Elastos in MKD?
Right now, the price of 1 Wrapped Elastos (WELA) in Macedonian Denar (MKD) is ден72.86.
How much WELA can I buy for 1 MKD?
Based on the current exchange rate, you can get 0.01372 WELA for 1 MKD.
How do I calculate or convert WELA to MKD?
You can use our WELA to MKD calculator at the top of this page to convert any amount of WELA to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 0.06862 WELA, while 5 WELA will cost around 364.32MKD.
What is the highest price of WELA/MKD in history?
The all-time high price of 1 WELA in MKD is ден371.6. It remains to be seen if the value of 1 WELA/MKD will exceed the current all-time high.
What is the price trend of Wrapped Elastos in MKD?
Over the past 7 days, the exchange rate of Wrapped Elastos (WELA) has gone down by 7.17%.   Over the last month, the exchange rate of Wrapped Elastos (WELA) has gone down by 21.85% against Macedonian Denar (MKD).

What factors influence the conversion rate of WELA to MKD?

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