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ELK to MKD Converter and calculator

ELK/MKD: 1 ELK = 1.89 MKD. The price of converting 1 Elk Finance (ELK) to Macedonian Denar (MKD) is 1.89 MKD today.
ELK
ELK
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELK to MKD real-time exchange rates, making it easy to convert Elk Finance (ELK) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 ELK is currently valued at 1.89 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELK is currently valued at 1.89 MKD, which means buying 5 ELK would cost 9.46 MKD. Similarly, ден1 MKD can be converted to 0.5288 ELK, and ден50 MKD can be converted to 2.64 ELK, excluding any platform or gas fees.

Convert ELK to MKD

Convert MKD to ELK

Elk Finance
Macedonian Denar
1000 ELK
1,891.04  MKD
5000 ELK
9,455.21  MKD
10000 ELK
18,910.42  MKD
In the table above, you'll find a comprehensive ELK to MKD converter that shows the value of Elk Finance in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 ELK to MKD, all the way up to 10000 ELK, providing a clear view of their respective values.
Macedonian Denar
Elk Finance
50000 MKD
26,440.45 ELK
100000 MKD
52,880.9 ELK
In the table above, you'll find a comprehensive MKD to ELK converter that shows the value of Macedonian Denar in Elk Finance across commonly used conversion amounts. The list covers conversions from 1 MKD to ELK, all the way up to 100000 MKD, providing a clear view of their respective values.

ELK to MKD chart

ELK/MKD: 1 ELK = 1.89 MKD; 2025/05/07 12:46:12
In the past 1D, Elk Finance has changed -1.33% to MKD. Based on the trend and price charts, Elk Finance(ELK) has changed -1.33% to MKD while Macedonian Denar(MKD) has changed % to ELK in the last 24 hours.
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ELK to MKD conversion data: Volatility and price changes of Elk Finance in MKD

The highest Elk Finance price in MKD over the past 7 days was 2.07 MKD while the lowest Elk Finance price in MKD over the past 7 days was 1.89 MKD. The relative change between the highs and lows in Elk Finance price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and ELK 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
1.95 MKD
2.07 MKD
2.21 MKD
3.1 MKD
Low
1.89 MKD
1.89 MKD
1.85 MKD
1.83 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
-1.33%
-6.12%
+0.52%
-36.43%

Elk Finance information

ELK to MKD market statistics

ELK/MKD:
ден1.89
ELK 24h volume:
ден208,649.08
ELK market cap:
--
ELK circulating supply:
0 ELK

Current ELK to MKD exchange rate

Elk Finance to Macedonian Denar is falling this week.
Elk Finance's current market price is ден1.89 per ELK, with a total market cap of ден0 MKD based on a circulating supply of -- ELK. The trading volume of Elk Finance has changed by +200.37% (ден139,185.82 MKD) in the last 24 hours. Last trading day, ELK's trading volume was ден69,463.26.

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

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How to convert ELK to MKD

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

The exchange rate of Elk Finance is increasing.
The exchange rate of 1 ELK to Macedonian Denar has changed by -6.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.33%, reaching a high of 1.95 MKD and a low of 1.89 MKD . One month ago, the value of 1 ELK was ден1.88 MKD , which represents a +0.52% change from its current value. Over the last year, Elk Finance has changed by
-ден
4.73MKD
, resulting in a change of -71.45% in its value.
24 hours ago1 month ago1 year ago
Amount12:46 today24 hours ago24h change
0.5 ELKден0.9455ден0.9583
-1.33%
1 ELKден1.89ден1.92
-1.33%
5 ELKден9.46ден9.58
-1.33%
10 ELKден18.91ден19.17
-1.33%
50 ELKден94.55ден95.83
-1.33%
100 ELKден189.1ден191.66
-1.33%
500 ELKден945.52ден958.29
-1.33%
1000 ELKден1,891.04ден1,916.57
-1.33%

ELK to MKD FAQ

How much is 1 Elk Finance in MKD?
Right now, the price of 1 Elk Finance (ELK) in Macedonian Denar (MKD) is ден1.89.
How much ELK can I buy for 1 MKD?
Based on the current exchange rate, you can get 0.5288 ELK for 1 MKD.
How do I calculate or convert ELK to MKD?
You can use our ELK to MKD calculator at the top of this page to convert any amount of ELK to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 2.64 ELK, while 5 ELK will cost around 9.46MKD.
What is the highest price of ELK/MKD in history?
The all-time high price of 1 ELK in MKD is ден304.51. It remains to be seen if the value of 1 ELK/MKD will exceed the current all-time high.
What is the price trend of Elk Finance in MKD?
Over the past 7 days, the exchange rate of Elk Finance (ELK) has gone down by 6.12%.   Over the last month, the exchange rate of Elk Finance (ELK) has gone up by 0.52% against Macedonian Denar (MKD).

What factors influence the conversion rate of ELK to MKD?

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