SOCK to MKD Converter and calculator
Conversion rates
Convert SOCK to MKD
Convert MKD to SOCK
SOCK to MKD chart
SOCK to MKD conversion data: Volatility and price changes of SOCK in MKD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.01965 MKD | -- MKD | -- MKD | -- MKD |
Low | 0.003850 MKD | -- MKD | -- MKD | -- MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | -0.75% | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
SOCK information
SOCK to MKD market statistics
Current SOCK to MKD exchange rate
SOCK to Macedonian Denar is falling this week.More info about SOCK 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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SOCK to MKD Conversion tables
| Amount | 04:45 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 SOCK | ден0.001925 | ден-- | -0.75% |
1 SOCK | ден0.003850 | ден-- | -0.75% |
5 SOCK | ден0.01925 | ден-- | -0.75% |
10 SOCK | ден0.03850 | ден-- | -0.75% |
50 SOCK | ден0.1925 | ден-- | -0.75% |
100 SOCK | ден0.3850 | ден-- | -0.75% |
500 SOCK | ден1.92 | ден-- | -0.75% |
1000 SOCK | ден3.85 | ден-- | -0.75% |
SOCK to MKD FAQ
What factors influence the conversion rate of SOCK to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of SOCK in the US is $0.C$0.{4}99997300 USD. Additionally, SOCK’s price is €0.{4}6245 EUR in the eurozone, £0.{4}5418 GBP in the UK, {4} CAD in Canada, ₹0.006879 INR in India, ₨0.02035 PKR in Pakistan, R$0.0003674 BRL in Brazil, and more.
The most popular SOCK currency pair is the SOCK to Macedonian Denar(MKD). The price of 1 SOCK (SOCK) in Macedonian Denar (MKD) is ден0.003850.
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