ALGO
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 Algorand(ALGO) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 ALGO at a value of 1 ALGO for 11.98 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 Algorand currency pair is the ALGO to MKD, with for Algorand's currency code being ALGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
ALGO to MKD conversion rate trend
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In the past 1D, Algorand has changed -9.23% to MKD. Based on the trend and price charts, Algorand(ALGO) has changed -9.23% to MKD while Macedonian Denar(MKD) has changed % to ALGO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ден12.15 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ден12.21 | 0.1000% / 0.1000% | Yes |
Kraken | ден12.19 | 0.1000% / 0.1000% | Yes |
OKX | ден12.21 | 0.080% / 0.100% | Yes |
Huobi | ден12.21 | 0.1000% / 0.1000% | Yes |
Gate.io | ден12.21 | 0.1000% / 0.1000% | Yes |
Bybit | ден12.2 | 0.1000% / 0.1000% | Yes |
KuCoin | ден12.21 | 0.1000% / 0.1000% | Yes |
Bitfinex | ден12.18 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 08:00:18(UTC+0)
How to buy Algorand
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 Algorand (ALGO)
Use a variety of payment options to buy Algorand on Bitget. We'll show you how.
Buy ALGO (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of ALGO with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy ALGO with USDT via Bitget spot market.
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Sell ALGO (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of ALGO to MKD. However, you can first exchange ALGO 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 |
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What factors influence the conversion rate of Algorand to Macedonian Denar?
Algorand to Macedonian Denar is rising this week.Algorand's current market price is ден 11.98 per ALGO, with a total market cap of ден 99,144,693,887.77 MKD based on a circulating supply of 8,276,006,400 ALGO. The trading volume of Algorand has changed by -27.20% (ден -5,353,287,468.41 MKD) in the last 24 hours. Last trading day, ALGO's trading volume was ден 19,678,310,058.87.
Market cap
$1.70B
24h volume
$245.30M
Circulating supply
8.28B ALGO
Conversion tables
The exchange rate of Algorand is increasing.1 ALGO is currently valued at ден 11.98 MKD , which means buying 5 ALGO will cost ден 59.9 MKD . Similarly, ден1 MKD can be traded for 0.08347 ALGO, and ден50 MKD can be converted to 4.17 ALGO, excluding any platform or gas fees.
The exchange rate of 1 ALGO to Macedonian Denar has changed by +37.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.23%, reaching a high of 13.3 MKD and a low of 11.94 MKD . One month ago, the value of 1 ALGO was ден 7.24 MKD , which represents a +65.38% change from its current value. Over the last year, Algorand has changed by , resulting in a change of +59.46% in its value.
+ден
4.47MKDALGO to MKD
Amount
10:49 am today
0.5 ALGO
ден5.99
1 ALGO
ден11.98
5 ALGO
ден59.9
10 ALGO
ден119.8
50 ALGO
ден598.99
100 ALGO
ден1,197.98
500 ALGO
ден5,989.89
1000 ALGO
ден11,979.78
MKD to ALGO
Amount10:49 am today
0.5MKD0.04174 ALGO
1MKD0.08347 ALGO
5MKD0.4174 ALGO
10MKD0.8347 ALGO
50MKD4.17 ALGO
100MKD8.35 ALGO
500MKD41.74 ALGO
1000MKD83.47 ALGO
Today vs. 24 hours ago
| Amount | 10:49 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ALGO | $0.1026 | $0.1130 | -9.23% |
| 1 ALGO | $0.2051 | $0.2260 | -9.23% |
| 5 ALGO | $1.03 | $1.13 | -9.23% |
| 10 ALGO | $2.05 | $2.26 | -9.23% |
| 50 ALGO | $10.26 | $11.3 | -9.23% |
| 100 ALGO | $20.51 | $22.6 | -9.23% |
| 500 ALGO | $102.57 | $113 | -9.23% |
| 1000 ALGO | $205.14 | $226 | -9.23% |
Today vs. 1 month ago
| Amount | 10:49 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ALGO | $0.1026 | $0.06202 | +65.38% |
| 1 ALGO | $0.2051 | $0.1240 | +65.38% |
| 5 ALGO | $1.03 | $0.6202 | +65.38% |
| 10 ALGO | $2.05 | $1.24 | +65.38% |
| 50 ALGO | $10.26 | $6.2 | +65.38% |
| 100 ALGO | $20.51 | $12.4 | +65.38% |
| 500 ALGO | $102.57 | $62.02 | +65.38% |
| 1000 ALGO | $205.14 | $124.04 | +65.38% |
Today vs. 1 year ago
| Amount | 10:49 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ALGO | $0.1026 | $0.06432 | +59.46% |
| 1 ALGO | $0.2051 | $0.1286 | +59.46% |
| 5 ALGO | $1.03 | $0.6432 | +59.46% |
| 10 ALGO | $2.05 | $1.29 | +59.46% |
| 50 ALGO | $10.26 | $6.43 | +59.46% |
| 100 ALGO | $20.51 | $12.86 | +59.46% |
| 500 ALGO | $102.57 | $64.32 | +59.46% |
| 1000 ALGO | $205.14 | $128.64 | +59.46% |
Algorand price prediction
What will the price of ALGO be in 2025?
Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.2987 in 2025.
What will the price of ALGO be in 2030?
In 2030, the ALGO price is expected to change by -20.00%. By the end of 2030, the ALGO price is projected to reach $0.4027, with a cumulative ROI of +88.77%.
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Popular Algorand conversions
Check out these popular currency conversions of Algorand to several fiat currencies.
Algorand to USD
1 ALGO to $ 0.2051 USD
Algorand to GBP
1 ALGO to £ 0.1624 GBP
Algorand to EUR
1 ALGO to € 0.1950 EUR
Algorand to KRW
1 ALGO to ₩ 287.48 KRW
Algorand to CAD
1 ALGO to $ 0.2867 CAD
Algorand to AUD
1 ALGO to $ 0.3151 AUD
Algorand to JPY
1 ALGO to ¥ 31.67 JPY
Algorand to BRL
1 ALGO to R$ 1.19 BRL
Algorand to CNY
1 ALGO to ¥ 1.49 CNY
Algorand to TWD
1 ALGO to NT$ 6.68 TWD
Popular cryptocurrencies to MKD
Explore other cryptocurrencies based on your interest in Algorand.
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1 MAD to ден -- MKD
XRP to MKD
1 XRP to ден 65.46 MKD
EGO to MKD
1 EGO to ден 1.6 MKD
Sharpe AI to MKD
1 SAI to ден 1.89 MKD
Solana to MKD
1 SOL to ден 14,126.78 MKD
Bitcoin to MKD
1 BTC to ден 5,697,508.02 MKD
Dogecoin to MKD
1 DOGE to ден 22.32 MKD
Pepe to MKD
1 PEPE to ден 0.001112 MKD
Peanut the Squirrel to MKD
1 PNUT to ден 76.63 MKD
Sui to MKD
1 SUI to ден 199.75 MKD
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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 Algorand 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 Algorand 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 Algorand 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.
