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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.58%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84929.98 (+1.11%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.58%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$84929.98 (+1.11%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
FXS
MKD
Last updated as of 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 Frax Share(FXS) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 119.88 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 Frax Share currency pair is the FXS to MKD, with for Frax Share's currency code being FXS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
FXS to MKD conversion rate trend
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In the past 1D, Frax Share has changed -0.91% to MKD. Based on the trend and price charts, Frax Share(FXS) has changed -0.91% to MKD while Macedonian Denar(MKD) has changed % to FXS in the last 24 hours.
FXS to MKD market statistics
FXS/MKD:
ден 119.88
FXS 24h volume:
ден 803,202,082.21
FXS market cap:
ден 10,647,968,371.68
FXS circulating supply:
88.82M FXS
More info about Frax Share on Bitget
Current FXS to MKD exchange rate
Frax Share to Macedonian Denar is rising this week.Frax Share's current market price is ден 119.88 per FXS, with a total market cap of ден 10,647,968,371.68 MKD based on a circulating supply of 88,823,870 FXS. The trading volume of Frax Share has changed by -23.31% (ден -244,149,075.79 MKD) in the last 24 hours. Last trading day, FXS's trading volume was ден 1,047,351,158.
FXS to MKD Conversion tables
The exchange rate of Frax Share is increasing.1 FXS is currently valued at ден 119.88 MKD , which means buying 5 FXS will cost ден 599.39 MKD . Similarly, ден1 MKD can be traded for 0.008342 FXS, and ден50 MKD can be converted to 0.4171 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to Macedonian Denar has changed by +9.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.91%, reaching a high of 121.3 MKD and a low of 117.41 MKD . One month ago, the value of 1 FXS was ден 111.55 MKD , which represents a +7.47% change from its current value. Over the last year, Frax Share has changed by , resulting in a change of -71.35% in its value.
-ден
298.38MKDFXS to MKD
Amount
14:59 today
0.5 FXS
ден59.94
1 FXS
ден119.88
5 FXS
ден599.39
10 FXS
ден1,198.77
50 FXS
ден5,993.87
100 FXS
ден11,987.73
500 FXS
ден59,938.66
1000 FXS
ден119,877.33
MKD to FXS
Amount14:59 today
0.5MKD0.004171 FXS
1MKD0.008342 FXS
5MKD0.04171 FXS
10MKD0.08342 FXS
50MKD0.4171 FXS
100MKD0.8342 FXS
500MKD4.17 FXS
1000MKD8.34 FXS
FXS to MKD Today vs. 24 hours ago
| Amount | 14:59 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FXS | ден59.94 | ден60.49 | -0.91% |
| 1 FXS | ден119.88 | ден120.97 | -0.91% |
| 5 FXS | ден599.39 | ден604.87 | -0.91% |
| 10 FXS | ден1,198.77 | ден1,209.74 | -0.91% |
| 50 FXS | ден5,993.87 | ден6,048.69 | -0.91% |
| 100 FXS | ден11,987.73 | ден12,097.38 | -0.91% |
| 500 FXS | ден59,938.66 | ден60,486.88 | -0.91% |
| 1000 FXS | ден119,877.33 | ден120,973.76 | -0.91% |
FXS to MKD Today vs. 1 month ago
| Amount | 14:59 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FXS | ден59.94 | ден55.77 | +7.47% |
| 1 FXS | ден119.88 | ден111.55 | +7.47% |
| 5 FXS | ден599.39 | ден557.73 | +7.47% |
| 10 FXS | ден1,198.77 | ден1,115.47 | +7.47% |
| 50 FXS | ден5,993.87 | ден5,577.35 | +7.47% |
| 100 FXS | ден11,987.73 | ден11,154.7 | +7.47% |
| 500 FXS | ден59,938.66 | ден55,773.5 | +7.47% |
| 1000 FXS | ден119,877.33 | ден111,547 | +7.47% |
FXS to MKD Today vs. 1 year ago
| Amount | 14:59 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FXS | ден59.94 | ден209.13 | -71.35% |
| 1 FXS | ден119.88 | ден418.25 | -71.35% |
| 5 FXS | ден599.39 | ден2,091.26 | -71.35% |
| 10 FXS | ден1,198.77 | ден4,182.53 | -71.35% |
| 50 FXS | ден5,993.87 | ден20,912.63 | -71.35% |
| 100 FXS | ден11,987.73 | ден41,825.27 | -71.35% |
| 500 FXS | ден59,938.66 | ден209,126.35 | -71.35% |
| 1000 FXS | ден119,877.33 | ден418,252.69 | -71.35% |
How to convert FXS to MKD
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert FXS to MKD
Use a variety of payment options to buy Frax Share on Bitget. We'll show you how.
Learn MoreBuy FXS (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of FXS with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy FXS with USDT via Bitget spot market.
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Sell FXS (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of FXS to MKD. However, you can first exchange FXS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of FXS to MKD?
There are many factors that affect the relationship between Frax Share 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 FXS/MKD. When there is positive news in the market about the widespread adoption of FXS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FXS/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FXS/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.
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 FXS/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 Frax Share and adjust their investment strategies accordingly in the evolving market.
Frax Share price prediction
What will the price of FXS be in 2026?
Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $2.04 in 2026.
What will the price of FXS be in 2031?
In 2031, the FXS price is expected to change by -2.00%. By the end of 2031, the FXS price is projected to reach $2.43, with a cumulative ROI of +16.96%.
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Popular Frax Share Converter
Check out these popular currency conversions of Frax Share to several fiat currencies.
FXS to TWD
1 FXS to NT$ 69.91 TWD
FXS to CNY
1 FXS to ¥ 15.37 CNY
FXS to USD
1 FXS to $ 2.12 USD
FXS to MKD
1 FXS to ден 119.88 MKD
FXS to AUD
1 FXS to $ 3.38 AUD
FXS to EUR
1 FXS to € 1.95 EUR
FXS to CAD
1 FXS to $ 3.06 CAD
FXS to KRW
1 FXS to ₩ 3,106.33 KRW
FXS to JPY
1 FXS to ¥ 316.45 JPY
FXS to GBP
1 FXS to £ 1.64 GBP
FXS to BRL
1 FXS to R$ 12.15 BRL
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1 AUCTION to ден 1,226.82 MKD
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1 CHEEMS to ден 0.{4}8475 MKD
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1 MAV to ден 4.53 MKD
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1 WMTX to ден 11.31 MKD
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1 BANANAS31 to ден 0.3108 MKD
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1 NPC to ден 0.6415 MKD
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1 CREAM to ден 341.49 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 Frax Share 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 Frax Share 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 Frax Share 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.
