B3 to MKD Converter and calculator
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Conversion rates
Convert B3 to MKD
Convert MKD to B3
B3 to MKD chart
B3 to MKD conversion data: Volatility and price changes of B3 (Base) in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.1771 MKD | 0.1863 MKD | 0.2015 MKD | 0.3072 MKD |
Low | 0.1692 MKD | 0.1579 MKD | 0.1345 MKD | 0.1290 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +2.07% | +4.83% | +23.03% | -35.30% |
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B3 (Base) information
B3 to MKD market statistics
Current B3 to MKD exchange rate
B3 (Base) to Macedonian Denar is rising this week.More info about B3 (Base) 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.
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B3 to MKD Conversion tables
Amount | 05:17 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 B3 | ден0.08789 | ден0.08611 | +2.07% |
1 B3 | ден0.1758 | ден0.1722 | +2.07% |
5 B3 | ден0.8789 | ден0.8611 | +2.07% |
10 B3 | ден1.76 | ден1.72 | +2.07% |
50 B3 | ден8.79 | ден8.61 | +2.07% |
100 B3 | ден17.58 | ден17.22 | +2.07% |
500 B3 | ден87.89 | ден86.11 | +2.07% |
1000 B3 | ден175.79 | ден172.23 | +2.07% |
B3 to MKD FAQ
What factors influence the conversion rate of B3 to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of B3 (Base) in the US is $0.003344 USD. Additionally, B3 (Base)’s price is €0.002857 EUR in the eurozone, £0.002463 GBP in the UK, C$0.004602 CAD in Canada, ₹0.2922 INR in India, ₨0.9495 PKR in Pakistan, R$0.01803 BRL in Brazil, and more.
The most popular B3 (Base) currency pair is the B3 to Macedonian Denar(MKD). The price of 1 B3 (Base) (B3) in Macedonian Denar (MKD) is ден0.1758.
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