GXE to MKD Converter and calculator


Conversion rates
Convert GXE to MKD
Convert MKD to GXE
GXE to MKD chart
GXE to MKD conversion data: Volatility and price changes of XENO Governance in MKD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.06947 MKD | 0.07203 MKD | 0.08738 MKD | 0.2017 MKD |
Low | 0.06906 MKD | 0.06724 MKD | 0.06258 MKD | 0.05536 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +0.05% | -4.73% | -17.91% | -44.52% |
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XENO Governance information
GXE to MKD market statistics
Current GXE to MKD exchange rate
XENO Governance to Macedonian Denar is falling this week.More info about XENO Governance 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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GXE to MKD Conversion tables
| Amount | 16:13 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 GXE | ден0.03454 | ден0.03452 | +0.05% |
1 GXE | ден0.06908 | ден0.06904 | +0.05% |
5 GXE | ден0.3454 | ден0.3452 | +0.05% |
10 GXE | ден0.6908 | ден0.6904 | +0.05% |
50 GXE | ден3.45 | ден3.45 | +0.05% |
100 GXE | ден6.91 | ден6.9 | +0.05% |
500 GXE | ден34.54 | ден34.52 | +0.05% |
1000 GXE | ден69.08 | ден69.04 | +0.05% |
GXE to MKD FAQ
What factors influence the conversion rate of GXE to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of XENO Governance in the US is $0.001302 USD. Additionally, XENO Governance’s price is €0.001123 EUR in the eurozone, £0.0009879 GBP in the UK, C$0.001827 CAD in Canada, ₹0.1154 INR in India, ₨0.3680 PKR in Pakistan, R$0.006912 BRL in Brazil, and more.
The most popular XENO Governance currency pair is the GXE to Macedonian Denar(MKD). The price of 1 XENO Governance (GXE) in Macedonian Denar (MKD) is ден0.06908.
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