GTN to MKD Converter and calculator


Conversion rates
Convert GTN to MKD
Convert MKD to GTN
GTN to MKD chart
GTN to MKD conversion data: Volatility and price changes of GlitzKoin in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3726 MKD | 0.3727 MKD | 0.3731 MKD | 0.9149 MKD |
Low | 0.3726 MKD | 0.3725 MKD | 0.3721 MKD | 0.3721 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | -- | -- | -- | -59.19% |
GlitzKoin information
GTN to MKD market statistics
Current GTN to MKD exchange rate
GlitzKoin to Macedonian Denar is rising this week.More info about GlitzKoin 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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GTN to MKD Conversion tables
Amount | 20:39 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GTN | ден0.1863 | ден0.1863 | 0.00% |
1 GTN | ден0.3726 | ден0.3726 | 0.00% |
5 GTN | ден1.86 | ден1.86 | 0.00% |
10 GTN | ден3.73 | ден3.73 | 0.00% |
50 GTN | ден18.63 | ден18.63 | 0.00% |
100 GTN | ден37.26 | ден37.26 | 0.00% |
500 GTN | ден186.31 | ден186.31 | 0.00% |
1000 GTN | ден372.63 | ден372.63 | 0.00% |
GTN to MKD FAQ
What factors influence the conversion rate of GTN to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of GlitzKoin in the US is $0.007100 USD. Additionally, GlitzKoin’s price is €0.006054 EUR in the eurozone, £0.005160 GBP in the UK, C$0.009672 CAD in Canada, ₹0.6078 INR in India, ₨2.01 PKR in Pakistan, R$0.03903 BRL in Brazil, and more.
The most popular GlitzKoin currency pair is the GTN to Macedonian Denar(MKD). The price of 1 GlitzKoin (GTN) in Macedonian Denar (MKD) is ден0.3726.
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