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VELA to MKD Converter and calculator

VELA/MKD: 1 VELA = 0.2121 MKD. The price of converting 1 Vela Exchange (VELA) to Macedonian Denar (MKD) is 0.2121 MKD today.
VELA
VELA
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELA to MKD real-time exchange rates, making it easy to convert Vela Exchange (VELA) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 VELA is currently valued at 0.21 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELA is currently valued at 0.21 MKD, which means buying 5 VELA would cost 1.06 MKD. Similarly, ден1 MKD can be converted to 4.71 VELA, and ден50 MKD can be converted to 23.57 VELA, excluding any platform or gas fees.

Convert VELA to MKD

Convert MKD to VELA

Vela Exchange
Macedonian Denar
1000 VELA
212.12  MKD
5000 VELA
1,060.59  MKD
10000 VELA
2,121.19  MKD
In the table above, you'll find a comprehensive VELA to MKD converter that shows the value of Vela Exchange in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 VELA to MKD, all the way up to 10000 VELA, providing a clear view of their respective values.
Macedonian Denar
Vela Exchange
5000 MKD
23,571.71 VELA
10000 MKD
47,143.43 VELA
50000 MKD
235,717.13 VELA
100000 MKD
471,434.27 VELA
In the table above, you'll find a comprehensive MKD to VELA converter that shows the value of Macedonian Denar in Vela Exchange across commonly used conversion amounts. The list covers conversions from 1 MKD to VELA, all the way up to 100000 MKD, providing a clear view of their respective values.

VELA to MKD chart

VELA/MKD: 1 VELA = 0.2121 MKD; 2025/05/24 14:41:53
In the past 1D, Vela Exchange has changed -4.41% to MKD. Based on the trend and price charts, Vela Exchange(VELA) has changed -4.41% to MKD while Macedonian Denar(MKD) has changed % to VELA in the last 24 hours.
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VELA to MKD conversion data: Volatility and price changes of Vela Exchange in MKD

The highest Vela Exchange price in MKD over the past 7 days was 0.3014 MKD while the lowest Vela Exchange price in MKD over the past 7 days was 0.1154 MKD. The relative change between the highs and lows in Vela Exchange price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and VELA 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
0.3014 MKD
0.3014 MKD
0.3206 MKD
0.5341 MKD
Low
0.1340 MKD
0.1154 MKD
0.09641 MKD
0.09641 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
-4.41%
+24.73%
-25.68%
-57.99%

Vela Exchange information

VELA to MKD market statistics

VELA/MKD:
ден0.2121
VELA 24h volume:
ден86,193.84
VELA market cap:
--
VELA circulating supply:
0 VELA

Current VELA to MKD exchange rate

Vela Exchange to Macedonian Denar is rising this week.
Vela Exchange's current market price is ден0.2121 per VELA, with a total market cap of ден0 MKD based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by +183.22% (ден55,760.62 MKD) in the last 24 hours. Last trading day, VELA's trading volume was ден30,433.22.

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

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How to convert VELA to MKD

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

The exchange rate of Vela Exchange is decreasing.
The exchange rate of 1 VELA to Macedonian Denar has changed by +24.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.41%, reaching a high of 0.3014 MKD and a low of 0.1340 MKD . One month ago, the value of 1 VELA was ден0.2854 MKD , which represents a -25.68% change from its current value. Over the last year, Vela Exchange has changed by
-ден
26.86MKD
, resulting in a change of -99.22% in its value.
24 hours ago1 month ago1 year ago
Amount14:41 today24 hours ago24h change
0.5 VELA
ден0.1061ден0.1109
-4.41%
1 VELA
ден0.2121ден0.2219
-4.41%
5 VELA
ден1.06ден1.11
-4.41%
10 VELA
ден2.12ден2.22
-4.41%
50 VELA
ден10.61ден11.09
-4.41%
100 VELA
ден21.21ден22.19
-4.41%
500 VELA
ден106.06ден110.95
-4.41%
1000 VELA
ден212.12ден221.9
-4.41%

VELA to MKD FAQ

How much is 1 Vela Exchange in MKD?
Right now, the price of 1 Vela Exchange (VELA) in Macedonian Denar (MKD) is ден0.2121.
How much VELA can I buy for 1 MKD?
Based on the current exchange rate, you can get 4.71 VELA for 1 MKD.
How do I calculate or convert VELA to MKD?
You can use our VELA to MKD calculator at the top of this page to convert any amount of VELA to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 23.57 VELA, while 5 VELA will cost around 1.06MKD.
What is the highest price of VELA/MKD in history?
The all-time high price of 1 VELA in MKD is ден415.86. It remains to be seen if the value of 1 VELA/MKD will exceed the current all-time high.
What is the price trend of Vela Exchange in MKD?
Over the past 7 days, the exchange rate of Vela Exchange (VELA) has gone up by 24.73%.   Over the last month, the exchange rate of Vela Exchange (VELA) has gone down by 25.68% against Macedonian Denar (MKD).

What factors influence the conversion rate of VELA to MKD?

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