ONX to MKD Converter and calculator


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Convert ONX to MKD
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ONX to MKD chart
ONX to MKD conversion data: Volatility and price changes of OnX Finance in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3464 MKD | 0.5402 MKD | 0.7809 MKD | 0.8378 MKD |
Low | 0.3182 MKD | 0.3047 MKD | 0.2732 MKD | 0.2626 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +2.73% | -19.72% | -19.72% | -31.85% |
OnX Finance information
ONX to MKD market statistics
Current ONX to MKD exchange rate
OnX Finance to Macedonian Denar is falling this week.More info about OnX Finance 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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ONX to MKD Conversion tables
Amount | 15:54 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ONX | ден0.1676 | ден0.1632 | +2.73% |
1 ONX | ден0.3352 | ден0.3263 | +2.73% |
5 ONX | ден1.68 | ден1.63 | +2.73% |
10 ONX | ден3.35 | ден3.26 | +2.73% |
50 ONX | ден16.76 | ден16.32 | +2.73% |
100 ONX | ден33.52 | ден32.63 | +2.73% |
500 ONX | ден167.61 | ден163.16 | +2.73% |
1000 ONX | ден335.21 | ден326.31 | +2.73% |
ONX to MKD FAQ
What factors influence the conversion rate of ONX to MKD?
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The price of OnX Finance in the US is $0.006275 USD. Additionally, OnX Finance’s price is €0.005444 EUR in the eurozone, £0.004663 GBP in the UK, C$0.008616 CAD in Canada, ₹0.5434 INR in India, ₨1.78 PKR in Pakistan, R$0.03459 BRL in Brazil, and more.
The most popular OnX Finance currency pair is the ONX to Macedonian Denar(MKD). The price of 1 OnX Finance (ONX) in Macedonian Denar (MKD) is ден0.3352.
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