OCT
MKD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Octopus Network(OCT) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 OCT at a value of 1 OCT for 7.74 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Octopus Network currency pair is the OCT to MKD, with for Octopus Network's currency code being OCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
OCT to MKD conversion rate trend
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In the past 1D, Octopus Network has changed +9.73% to MKD. Based on the trend and price charts, Octopus Network(OCT) has changed +9.73% to MKD while Macedonian Denar(MKD) has changed % to OCT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ден7.81 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ден9.56 | 0.1000% / 0.1000% | Yes |
Gate.io | ден7.77 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/21 08:00:16(UTC+0)
How to buy Octopus Network
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Octopus Network (OCT)
Use a variety of payment options to buy Octopus Network on Bitget. We'll show you how.
Buy OCT (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of OCT with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy OCT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell OCT (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of OCT to MKD. However, you can first exchange OCT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Octopus Network to Macedonian Denar?
Octopus Network to Macedonian Denar is falling this week.Octopus Network's current market price is ден 7.74 per OCT, with a total market cap of ден 0 MKD based on a circulating supply of -- OCT. The trading volume of Octopus Network has changed by -31.28% (ден -2,835,929.90 MKD) in the last 24 hours. Last trading day, OCT's trading volume was ден 9,066,996.74.
Market cap
$0
24h volume
$105.60K
Circulating supply
0 OCT
Conversion tables
The exchange rate of Octopus Network is increasing.1 OCT is currently valued at ден 7.74 MKD , which means buying 5 OCT will cost ден 38.71 MKD . Similarly, ден1 MKD can be traded for 0.1292 OCT, and ден50 MKD can be converted to 6.46 OCT, excluding any platform or gas fees.
The exchange rate of 1 OCT to Macedonian Denar has changed by -26.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.73%, reaching a high of 7.82 MKD and a low of 6.96 MKD . One month ago, the value of 1 OCT was ден 7.33 MKD , which represents a +5.63% change from its current value. Over the last year, Octopus Network has changed by , resulting in a change of -63.32% in its value.
-ден
13.36MKDOCT to MKD
Amount
11:20 am today
0.5 OCT
ден3.87
1 OCT
ден7.74
5 OCT
ден38.71
10 OCT
ден77.42
50 OCT
ден387.09
100 OCT
ден774.18
500 OCT
ден3,870.91
1000 OCT
ден7,741.82
MKD to OCT
Amount11:20 am today
0.5MKD0.06458 OCT
1MKD0.1292 OCT
5MKD0.6458 OCT
10MKD1.29 OCT
50MKD6.46 OCT
100MKD12.92 OCT
500MKD64.58 OCT
1000MKD129.17 OCT
Today vs. 24 hours ago
| Amount | 11:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCT | $0.06560 | $0.05978 | +9.73% |
| 1 OCT | $0.1312 | $0.1196 | +9.73% |
| 5 OCT | $0.6560 | $0.5978 | +9.73% |
| 10 OCT | $1.31 | $1.2 | +9.73% |
| 50 OCT | $6.56 | $5.98 | +9.73% |
| 100 OCT | $13.12 | $11.96 | +9.73% |
| 500 OCT | $65.6 | $59.78 | +9.73% |
| 1000 OCT | $131.2 | $119.57 | +9.73% |
Today vs. 1 month ago
| Amount | 11:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCT | $0.06560 | $0.06210 | +5.63% |
| 1 OCT | $0.1312 | $0.1242 | +5.63% |
| 5 OCT | $0.6560 | $0.6210 | +5.63% |
| 10 OCT | $1.31 | $1.24 | +5.63% |
| 50 OCT | $6.56 | $6.21 | +5.63% |
| 100 OCT | $13.12 | $12.42 | +5.63% |
| 500 OCT | $65.6 | $62.1 | +5.63% |
| 1000 OCT | $131.2 | $124.2 | +5.63% |
Today vs. 1 year ago
| Amount | 11:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCT | $0.06560 | $0.1788 | -63.32% |
| 1 OCT | $0.1312 | $0.3577 | -63.32% |
| 5 OCT | $0.6560 | $1.79 | -63.32% |
| 10 OCT | $1.31 | $3.58 | -63.32% |
| 50 OCT | $6.56 | $17.88 | -63.32% |
| 100 OCT | $13.12 | $35.77 | -63.32% |
| 500 OCT | $65.6 | $178.83 | -63.32% |
| 1000 OCT | $131.2 | $357.66 | -63.32% |
Octopus Network price prediction
What will the price of OCT be in 2025?
Based on OCT's historical price performance prediction model, the price of OCT is projected to reach $0.2077 in 2025.
What will the price of OCT be in 2030?
In 2030, the OCT price is expected to change by +10.00%. By the end of 2030, the OCT price is projected to reach $0.2919, with a cumulative ROI of +116.17%.
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Popular Octopus Network conversions
Check out these popular currency conversions of Octopus Network to several fiat currencies.
Octopus Network to USD
1 OCT to $ 0.1312 USD
Octopus Network to GBP
1 OCT to £ 0.1044 GBP
Octopus Network to EUR
1 OCT to € 0.1258 EUR
Octopus Network to KRW
1 OCT to ₩ 189.77 KRW
Octopus Network to CAD
1 OCT to $ 0.1886 CAD
Octopus Network to AUD
1 OCT to $ 0.2098 AUD
Octopus Network to JPY
1 OCT to ¥ 20.53 JPY
Octopus Network to BRL
1 OCT to R$ 0.7985 BRL
Octopus Network to CNY
1 OCT to ¥ 0.9575 CNY
Octopus Network to TWD
1 OCT to NT$ 4.28 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Octopus Network and MKD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Octopus Network and MKD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Octopus Network in MKD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
