


MKD 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.
NPT to MKD conversion rate trend
NPT to MKD market statistics
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Current NPT to MKD exchange rate
NEOPIN to Macedonian Denar is rising this week.NPT to MKD Conversion tables
The exchange rate of NEOPIN is decreasing.NPT to MKD
MKD to NPT
NPT to MKD Today vs. 24 hours ago
Amount | 16:29 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NPT | ден2.87 | ден2.84 | +0.97% |
1 NPT | ден5.74 | ден5.69 | +0.97% |
5 NPT | ден28.72 | ден28.45 | +0.97% |
10 NPT | ден57.44 | ден56.89 | +0.97% |
50 NPT | ден287.22 | ден284.47 | +0.97% |
100 NPT | ден574.44 | ден568.94 | +0.97% |
500 NPT | ден2,872.21 | ден2,844.68 | +0.97% |
1000 NPT | ден5,744.43 | ден5,689.35 | +0.97% |
NPT to MKD Today vs. 1 month ago
Amount | 16:29 today | 1 month ago | 1M change |
---|---|---|---|
0.5 NPT | ден2.87 | ден3.96 | -27.39% |
1 NPT | ден5.74 | ден7.91 | -27.39% |
5 NPT | ден28.72 | ден39.56 | -27.39% |
10 NPT | ден57.44 | ден79.12 | -27.39% |
50 NPT | ден287.22 | ден395.6 | -27.39% |
100 NPT | ден574.44 | ден791.2 | -27.39% |
500 NPT | ден2,872.21 | ден3,956.01 | -27.39% |
1000 NPT | ден5,744.43 | ден7,912.02 | -27.39% |
NPT to MKD Today vs. 1 year ago
Amount | 16:29 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NPT | ден2.87 | ден21.28 | -86.50% |
1 NPT | ден5.74 | ден42.56 | -86.50% |
5 NPT | ден28.72 | ден212.81 | -86.50% |
10 NPT | ден57.44 | ден425.63 | -86.50% |
50 NPT | ден287.22 | ден2,128.14 | -86.50% |
100 NPT | ден574.44 | ден4,256.28 | -86.50% |
500 NPT | ден2,872.21 | ден21,281.38 | -86.50% |
1000 NPT | ден5,744.43 | ден42,562.77 | -86.50% |
How to convert NPT to MKD



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