


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.
VALOR to MKD conversion rate trend
VALOR to MKD market statistics
More info about Valor Token on Bitget
Current VALOR to MKD exchange rate
Valor Token to Macedonian Denar is falling this week.VALOR to MKD Conversion tables
The exchange rate of Valor Token is increasing.VALOR to MKD
MKD to VALOR
VALOR to MKD Today vs. 24 hours ago
Amount | 04:46 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VALOR | ден3.11 | ден4.87 | -36.15% |
1 VALOR | ден6.23 | ден9.73 | -36.15% |
5 VALOR | ден31.13 | ден48.66 | -36.15% |
10 VALOR | ден62.27 | ден97.32 | -36.15% |
50 VALOR | ден311.33 | ден486.58 | -36.15% |
100 VALOR | ден622.65 | ден973.16 | -36.15% |
500 VALOR | ден3,113.25 | ден4,865.78 | -36.15% |
1000 VALOR | ден6,226.51 | ден9,731.55 | -36.15% |
VALOR to MKD Today vs. 1 month ago
Amount | 04:46 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 VALOR | ден3.11 | ден2.1 | +48.59% |
1 VALOR | ден6.23 | ден4.2 | +48.59% |
5 VALOR | ден31.13 | ден21.01 | +48.59% |
10 VALOR | ден62.27 | ден42.03 | +48.59% |
50 VALOR | ден311.33 | ден210.13 | +48.59% |
100 VALOR | ден622.65 | ден420.26 | +48.59% |
500 VALOR | ден3,113.25 | ден2,101.28 | +48.59% |
1000 VALOR | ден6,226.51 | ден4,202.56 | +48.59% |
VALOR to MKD Today vs. 1 year ago
Amount | 04:46 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 VALOR | ден3.11 | ден6.43 | -51.76% |
1 VALOR | ден6.23 | ден12.87 | -51.76% |
5 VALOR | ден31.13 | ден64.33 | -51.76% |
10 VALOR | ден62.27 | ден128.67 | -51.76% |
50 VALOR | ден311.33 | ден643.35 | -51.76% |
100 VALOR | ден622.65 | ден1,286.7 | -51.76% |
500 VALOR | ден3,113.25 | ден6,433.49 | -51.76% |
1000 VALOR | ден6,226.51 | ден12,866.98 | -51.76% |
How to convert VALOR to MKD



Buy VALOR (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
Sell VALOR (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|
What factors influence the conversion rate of VALOR to MKD?
Valor Token price prediction
What will the price of VALOR be in 2026?
What will the price of VALOR be in 2031?
Other crypto price predictions










Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular Valor Token Converter










Popular cryptocurrencies to MKD










Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
What is a cryptocurrency calculator?
How does a cryptocurrency calculator work?
How accurate is a cryptocurrency calculator?
Can I trust the results of a cryptocurrency calculator?
Can I use a cryptocurrency calculator for tax purposes?
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
