SATOZ to MKD Converter and calculator

Conversion rates
Convert SATOZ to MKD
Convert MKD to SATOZ
SATOZ to MKD chart
SATOZ to MKD conversion data: Volatility and price changes of in MKD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.5531 MKD | 0.5531 MKD | 0.6099 MKD | 0.9686 MKD |
Low | 0.5442 MKD | 0.5182 MKD | 0.5113 MKD | 0.4421 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +0.48% | +6.04% | -8.03% | -42.87% |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Satozhi information
SATOZ to MKD market statistics
Current SATOZ to MKD exchange rate
Satozhi to Macedonian Denar is rising this week.More info about Satozhi 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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SATOZ to MKD Conversion tables
| Amount | 04:09 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 SATOZ | ден0.2742 | ден0.2729 | +0.48% |
1 SATOZ | ден0.5483 | ден0.5457 | +0.48% |
5 SATOZ | ден2.74 | ден2.73 | +0.48% |
10 SATOZ | ден5.48 | ден5.46 | +0.48% |
50 SATOZ | ден27.42 | ден27.29 | +0.48% |
100 SATOZ | ден54.83 | ден54.57 | +0.48% |
500 SATOZ | ден274.17 | ден272.86 | +0.48% |
1000 SATOZ | ден548.34 | ден545.72 | +0.48% |
SATOZ to MKD FAQ
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