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NGM to MKD Converter and calculator

NGM/MKD: 1 NGM = 1.07 MKD. The price of converting 1 e-Money (NGM) to Macedonian Denar (MKD) is 1.07 MKD today.
NGM
NGM
MKD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NGM to MKD real-time exchange rates, making it easy to convert e-Money (NGM) to Macedonian Denar (MKD). The conversion result is based on real-time data. The conversion result shows that 1 NGM is currently valued at 1.07 MKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NGM is currently valued at 1.07 MKD, which means buying 5 NGM would cost 5.33 MKD. Similarly, ден1 MKD can be converted to 0.9379 NGM, and ден50 MKD can be converted to 4.69 NGM, excluding any platform or gas fees.

Convert NGM to MKD

Convert MKD to NGM

e-Money
Macedonian Denar
1000 NGM
1,066.27  MKD
5000 NGM
5,331.34  MKD
10000 NGM
10,662.67  MKD
In the table above, you'll find a comprehensive NGM to MKD converter that shows the value of e-Money in Macedonian Denar across commonly used conversion amounts. The list covers conversions from 1 NGM to MKD, all the way up to 10000 NGM, providing a clear view of their respective values.
Macedonian Denar
e-Money
50000 MKD
46,892.55 NGM
100000 MKD
93,785.11 NGM
In the table above, you'll find a comprehensive MKD to NGM converter that shows the value of Macedonian Denar in e-Money across commonly used conversion amounts. The list covers conversions from 1 MKD to NGM, all the way up to 100000 MKD, providing a clear view of their respective values.

NGM to MKD chart

NGM/MKD: 1 NGM = 1.07 MKD; 2025/06/22 20:27:11
In the past 1D, e-Money has changed -7.48% to MKD. Based on the trend and price charts, e-Money(NGM) has changed -7.48% to MKD while Macedonian Denar(MKD) has changed % to NGM in the last 24 hours.
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NGM to MKD conversion data: Volatility and price changes of e-Money in MKD

The highest e-Money price in MKD over the past 7 days was 1.24 MKD while the lowest e-Money price in MKD over the past 7 days was 1.06 MKD. The relative change between the highs and lows in e-Money price in MKD over the last 7 days indicates a volatility of %. You can view additional volatility data and NGM to MKD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
1.15 MKD
1.24 MKD
1.24 MKD
1.24 MKD
Low
1.06 MKD
1.06 MKD
0.6652 MKD
0.5076 MKD
Average
0 MKD
0 MKD
0 MKD
0 MKD
Volatility
%
%
%
%
Change
-7.48%
-8.02%
+37.43%
+73.53%

e-Money information

NGM to MKD market statistics

NGM/MKD:
ден1.07
NGM 24h volume:
ден3,967.78
NGM market cap:
ден21,069,749.43
NGM circulating supply:
19.76M NGM

Current NGM to MKD exchange rate

e-Money to Macedonian Denar is falling this week.
e-Money's current market price is ден1.07 per NGM, with a total market cap of ден21,069,749.43 MKD based on a circulating supply of 19,760,286 NGM. The trading volume of e-Money has changed by +2381.88% (ден3,807.91 MKD) in the last 24 hours. Last trading day, NGM's trading volume was ден159.87.

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

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How to convert NGM to MKD

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NGM to MKD Conversion tables

The exchange rate of e-Money is increasing.
The exchange rate of 1 NGM to Macedonian Denar has changed by -8.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.48%, reaching a high of 1.15 MKD and a low of 1.06 MKD . One month ago, the value of 1 NGM was ден0.7759 MKD , which represents a +37.43% change from its current value. Over the last year, e-Money has changed by
+ден
0.8504MKD
, resulting in a change of +394.20% in its value.
24 hours ago1 month ago1 year ago
Amount 20:27 today 24 hours ago 24h change
0.5 NGM
ден0.5331ден0.5762
-7.48%
1 NGM
ден1.07ден1.15
-7.48%
5 NGM
ден5.33ден5.76
-7.48%
10 NGM
ден10.66ден11.52
-7.48%
50 NGM
ден53.31ден57.62
-7.48%
100 NGM
ден106.63ден115.25
-7.48%
500 NGM
ден533.13ден576.24
-7.48%
1000 NGM
ден1,066.27ден1,152.49
-7.48%

NGM to MKD FAQ

How much is 1 e-Money in MKD?
Right now, the price of 1 e-Money (NGM) in Macedonian Denar (MKD) is ден1.07.
How much NGM can I buy for 1 MKD?
Based on the current exchange rate, you can get 0.9379 NGM for 1 MKD.
How do I calculate or convert NGM to MKD?
You can use our NGM to MKD calculator at the top of this page to convert any amount of NGM to MKD. We've also included quick-reference tables for the most popular conversions. For example, 5 MKD is equivalent to 4.69 NGM, while 5 NGM will cost around 5.33MKD.
What is the highest price of NGM/MKD in history?
The all-time high price of 1 NGM in MKD is ден147.85. It remains to be seen if the value of 1 NGM/MKD will exceed the current all-time high.
What is the price trend of e-Money in MKD?
Over the past 7 days, the exchange rate of e-Money (NGM) has gone down by 8.02%.   Over the last month, the exchange rate of e-Money (NGM) has gone up by 37.43% against Macedonian Denar (MKD).

What factors influence the conversion rate of NGM to MKD?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular e-Money currency pairs: NGM to US Dollar (USD), NGM to Euro (EUR), NGM to Pound Sterling (GBP), NGM to Canadian Dollar (CAD), NGM to Indian Rupee (INR), NGM to Pakistani Rupee (PKR), NGM to Brazilian Real (BRL), NGM to…
The price of e-Money in the US is $0.01996 USD. Additionally, e-Money’s price is €0.01732 EUR in the eurozone, £0.01483 GBP in the UK, C$0.02741 CAD in Canada, ₹1.73 INR in India, ₨5.67 PKR in Pakistan, R$0.1100 BRL in Brazil, and more.
The most popular e-Money currency pair is the NGM to Macedonian Denar(MKD). The price of 1 e-Money (NGM) in Macedonian Denar (MKD) is ден1.07.

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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.