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HoDooi.com to Macedonian Denar Converter and calculator

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Convert 1HoDooi.com (HOD) to Macedonian Denar (NGN) equals ₦ 0.1213 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of HoDooi.com(HOD) to Macedonian Denar(NGN). This is the real-time data. The current conversion shows 1 HOD at a value of 1 HOD for 0.12 NGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NGN 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.

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Bitget crypto-to-fiat exchange data shows that the most popular HoDooi.com currency pair is the HOD to NGN, with for HoDooi.com's currency code being HOD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

HOD to NGN conversion rate trend

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In the past 1D, HoDooi.com has changed +2.09% to NGN. Based on the trend and price charts, HoDooi.com(HOD) has changed +2.09% to NGN while Macedonian Denar(NGN) has changed % to HOD in the last 24 hours.

HOD to NGN market statistics

HOD/NGN:
₦ 0.1213
HOD 24h volume:
₦ 37,828,352.83
HOD market cap:
₦ 59,685,460.58
HOD circulating supply:
491.86M HOD

Current HOD to NGN exchange rate

HoDooi.com to Macedonian Denar is rising this week.
HoDooi.com's current market price is ₦ 0.1213 per HOD, with a total market cap of ₦ 59,685,460.58 NGN based on a circulating supply of 491,857,200 HOD. The trading volume of HoDooi.com has changed by +50.74% (₦ 12,733,270.08 NGN) in the last 24 hours. Last trading day, HOD's trading volume was ₦ 25,095,082.75.

HOD to NGN Conversion tables

The exchange rate of HoDooi.com is increasing.
1 HOD is currently valued at ₦ 0.1213 NGN , which means buying 5 HOD will cost ₦ 0.6067 NGN . Similarly, ₦1 NGN can be traded for 8.24 HOD, and ₦50 NGN can be converted to 412.04 HOD, excluding any platform or gas fees.
The exchange rate of 1 HOD to Macedonian Denar has changed by +10.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.09%, reaching a high of 0.1237 NGN and a low of 0.1185 NGN . One month ago, the value of 1 HOD was ₦ 0.1203 NGN , which represents a +0.87% change from its current value. Over the last year, HoDooi.com has changed by
-
7.29NGN
, resulting in a change of -98.36% in its value.

HOD to NGN

Amount
15:32 today
0.5 HOD
0.06067
1 HOD
0.1213
5 HOD
0.6067
10 HOD
1.21
50 HOD
6.07
100 HOD
12.13
500 HOD
60.67
1000 HOD
121.35

NGN to HOD

Amount15:32 today
0.5NGN4.12  HOD
1NGN8.24  HOD
5NGN41.2  HOD
10NGN82.41  HOD
50NGN412.04  HOD
100NGN824.08  HOD
500NGN4,120.41  HOD
1000NGN8,240.82  HOD
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HOD to NGN Today vs. 24 hours ago

Amount15:32 today24 hours ago24h change
0.5 HOD₦0.06067₦0.05943
+2.09%
1 HOD₦0.1213₦0.1189
+2.09%
5 HOD₦0.6067₦0.5943
+2.09%
10 HOD₦1.21₦1.19
+2.09%
50 HOD₦6.07₦5.94
+2.09%
100 HOD₦12.13₦11.89
+2.09%
500 HOD₦60.67₦59.43
+2.09%
1000 HOD₦121.35₦118.86
+2.09%

HOD to NGN Today vs. 1 month ago

Amount15:32 today1 month ago1M change
0.5 HOD₦0.06067₦0.06015
+0.87%
1 HOD₦0.1213₦0.1203
+0.87%
5 HOD₦0.6067₦0.6015
+0.87%
10 HOD₦1.21₦1.2
+0.87%
50 HOD₦6.07₦6.01
+0.87%
100 HOD₦12.13₦12.03
+0.87%
500 HOD₦60.67₦60.15
+0.87%
1000 HOD₦121.35₦120.3
+0.87%

HOD to NGN Today vs. 1 year ago

Amount15:32 today1 year ago1Y change
0.5 HOD₦0.06067₦3.7
-98.36%
1 HOD₦0.1213₦7.41
-98.36%
5 HOD₦0.6067₦37.04
-98.36%
10 HOD₦1.21₦74.07
-98.36%
50 HOD₦6.07₦370.37
-98.36%
100 HOD₦12.13₦740.74
-98.36%
500 HOD₦60.67₦3,703.7
-98.36%
1000 HOD₦121.35₦7,407.41
-98.36%

How to convert HOD to NGN

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Buy HOD (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading does not currently support direct buying of HOD with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy HOD with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
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Sell HOD (or USDT) for NGN (Nigerian Naira) offers

Bitget P2P trading currently does not support direct selling of HOD to NGN. However, you can first exchange HOD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of HOD to NGN?

There are many factors that affect the relationship between HoDooi.com and Nigerian Naira, 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 HOD/NGN. When there is positive news in the market about the widespread adoption of HOD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of HOD/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in HOD/NGN.
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 HOD/NGN. 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 HoDooi.com and adjust their investment strategies accordingly in the evolving market.

HoDooi.com price prediction

What will the price of HOD be in 2026?

Based on HOD's historical price performance prediction model, the price of HOD is projected to reach $0.0001850 in 2026.

What will the price of HOD be in 2031?

In 2031, the HOD price is expected to change by +29.00%. By the end of 2031, the HOD price is projected to reach $0.0003501, with a cumulative ROI of +358.85%.

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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 HoDooi.com and NGN.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as HoDooi.com and NGN. 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 HoDooi.com in NGN, 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.