SP to MKD Converter and calculator


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Convert SP to MKD
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SP to MKD chart
SP to MKD conversion data: Volatility and price changes of Spintria in MKD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2833 MKD | 0.3509 MKD | 0.3641 MKD | 0.4433 MKD |
Low | 0.2761 MKD | 0.2710 MKD | 0.2710 MKD | 0.2710 MKD |
Average | 0 MKD | 0 MKD | 0 MKD | 0 MKD |
Volatility | % | % | % | % |
Change | +0.50% | -15.40% | -18.31% | -26.25% |
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Spintria information
SP to MKD market statistics
Current SP to MKD exchange rate
Spintria to Macedonian Denar is falling this week.More info about Spintria 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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SP to MKD Conversion tables
Amount | 15:12 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SP | ден0.1424 | ден0.1417 | +0.50% |
1 SP | ден0.2849 | ден0.2835 | +0.50% |
5 SP | ден1.42 | ден1.42 | +0.50% |
10 SP | ден2.85 | ден2.83 | +0.50% |
50 SP | ден14.24 | ден14.17 | +0.50% |
100 SP | ден28.49 | ден28.35 | +0.50% |
500 SP | ден142.43 | ден141.73 | +0.50% |
1000 SP | ден284.86 | ден283.46 | +0.50% |
SP to MKD FAQ
What factors influence the conversion rate of SP to MKD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Spintria in the US is $0.005435 USD. Additionally, Spintria’s price is €0.004629 EUR in the eurozone, £0.004043 GBP in the UK, C$0.007542 CAD in Canada, ₹0.4824 INR in India, ₨1.54 PKR in Pakistan, R$0.02884 BRL in Brazil, and more.
The most popular Spintria currency pair is the SP to Macedonian Denar(MKD). The price of 1 Spintria (SP) in Macedonian Denar (MKD) is ден0.2849.
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