


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.
FOG to MKD conversion rate trend
FOG to MKD market statistics
More info about FOGNET on Bitget
Current FOG to MKD exchange rate
FOGNET to Macedonian Denar is falling this week.FOG to MKD Conversion tables
The exchange rate of FOGNET is decreasing.FOG to MKD
MKD to FOG
FOG to MKD Today vs. 24 hours ago
Amount | 06:11 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FOG | ден2.98 | ден3.35 | -11.05% |
1 FOG | ден5.95 | ден6.69 | -11.05% |
5 FOG | ден29.76 | ден33.45 | -11.05% |
10 FOG | ден59.52 | ден66.91 | -11.05% |
50 FOG | ден297.58 | ден334.54 | -11.05% |
100 FOG | ден595.16 | ден669.08 | -11.05% |
500 FOG | ден2,975.78 | ден3,345.41 | -11.05% |
1000 FOG | ден5,951.55 | ден6,690.82 | -11.05% |
FOG to MKD Today vs. 1 month ago
Amount | 06:11 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 FOG | ден2.98 | ден4.77 | -37.66% |
1 FOG | ден5.95 | ден9.55 | -37.66% |
5 FOG | ден29.76 | ден47.74 | -37.66% |
10 FOG | ден59.52 | ден95.48 | -37.66% |
50 FOG | ден297.58 | ден477.38 | -37.66% |
100 FOG | ден595.16 | ден954.77 | -37.66% |
500 FOG | ден2,975.78 | ден4,773.83 | -37.66% |
1000 FOG | ден5,951.55 | ден9,547.66 | -37.66% |
FOG to MKD Today vs. 1 year ago
Amount | 06:11 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 FOG | ден2.98 | ден5.41 | -45.01% |
1 FOG | ден5.95 | ден10.82 | -45.01% |
5 FOG | ден29.76 | ден54.11 | -45.01% |
10 FOG | ден59.52 | ден108.22 | -45.01% |
50 FOG | ден297.58 | ден541.11 | -45.01% |
100 FOG | ден595.16 | ден1,082.21 | -45.01% |
500 FOG | ден2,975.78 | ден5,411.05 | -45.01% |
1000 FOG | ден5,951.55 | ден10,822.1 | -45.01% |
How to convert FOG to MKD



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