LOON to MKD Converter and calculator


Conversion rates
Convert LOON to MKD
Convert MKD to LOON
LOON to MKD chart
LOON to MKD conversion data: Volatility and price changes of The Loonies in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01118 MKD | 0.01118 MKD | 0.01496 MKD | 0.01535 MKD |
Low | 0.009381 MKD | 0.009190 MKD | 0.009125 MKD | 0.008434 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +15.82% | +16.62% | -16.29% | -19.07% |
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The Loonies information
LOON to MKD market statistics
Current LOON to MKD exchange rate
The Loonies to Macedonian Denar is rising this week.More info about The Loonies 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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LOON to MKD Conversion tables
Amount | 13:12 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LOON | ден0.005442 | ден0.004699 | +15.82% |
1 LOON | ден0.01088 | ден0.009398 | +15.82% |
5 LOON | ден0.05442 | ден0.04699 | +15.82% |
10 LOON | ден0.1088 | ден0.09398 | +15.82% |
50 LOON | ден0.5442 | ден0.4699 | +15.82% |
100 LOON | ден1.09 | ден0.9398 | +15.82% |
500 LOON | ден5.44 | ден4.7 | +15.82% |
1000 LOON | ден10.88 | ден9.4 | +15.82% |
LOON to MKD FAQ
What factors influence the conversion rate of LOON to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of The Loonies in the US is $0.0002068 USD. Additionally, The Loonies’s price is €0.0001771 EUR in the eurozone, £0.0001525 GBP in the UK, C$0.0002852 CAD in Canada, ₹0.01812 INR in India, ₨0.05869 PKR in Pakistan, R$0.001116 BRL in Brazil, and more.
The most popular The Loonies currency pair is the LOON to Macedonian Denar(MKD). The price of 1 The Loonies (LOON) in Macedonian Denar (MKD) is ден0.01088.
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