


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.
SLN to MKD conversion rate trend
SLN to MKD market statistics
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Current SLN to MKD exchange rate
Smart Layer Network to Macedonian Denar is rising this week.SLN to MKD Conversion tables
The exchange rate of Smart Layer Network is increasing.SLN to MKD
MKD to SLN
SLN to MKD Today vs. 24 hours ago
Amount | 17:34 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SLN | ден2.3 | ден1.98 | +16.31% |
1 SLN | ден4.61 | ден3.96 | +16.31% |
5 SLN | ден23.04 | ден19.81 | +16.31% |
10 SLN | ден46.08 | ден39.62 | +16.31% |
50 SLN | ден230.42 | ден198.1 | +16.31% |
100 SLN | ден460.83 | ден396.21 | +16.31% |
500 SLN | ден2,304.17 | ден1,981.04 | +16.31% |
1000 SLN | ден4,608.34 | ден3,962.09 | +16.31% |
SLN to MKD Today vs. 1 month ago
Amount | 17:34 today | 1 month ago | 1M change |
---|---|---|---|
0.5 SLN | ден2.3 | ден2.04 | +13.12% |
1 SLN | ден4.61 | ден4.07 | +13.12% |
5 SLN | ден23.04 | ден20.37 | +13.12% |
10 SLN | ден46.08 | ден40.74 | +13.12% |
50 SLN | ден230.42 | ден203.69 | +13.12% |
100 SLN | ден460.83 | ден407.38 | +13.12% |
500 SLN | ден2,304.17 | ден2,036.88 | +13.12% |
1000 SLN | ден4,608.34 | ден4,073.76 | +13.12% |
SLN to MKD Today vs. 1 year ago
Amount | 17:34 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 SLN | ден2.3 | ден90.52 | -97.45% |
1 SLN | ден4.61 | ден181.04 | -97.45% |
5 SLN | ден23.04 | ден905.21 | -97.45% |
10 SLN | ден46.08 | ден1,810.42 | -97.45% |
50 SLN | ден230.42 | ден9,052.08 | -97.45% |
100 SLN | ден460.83 | ден18,104.17 | -97.45% |
500 SLN | ден2,304.17 | ден90,520.84 | -97.45% |
1000 SLN | ден4,608.34 | ден181,041.67 | -97.45% |
How to convert SLN to MKD



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