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Frax to Macedonian Denar Converter and calculator

Convert 1Frax (FRAX) to Macedonian Denar (MKD) equals ден 56.72 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax(FRAX) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 FRAX at a value of 1 FRAX for 56.72 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Frax currency pair is the FRAX to MKD, with for Frax's currency code being FRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

FRAX to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Frax has changed +0.01% to MKD. Based on the trend and price charts, Frax(FRAX) has changed +0.01% to MKD while Macedonian Denar(MKD) has changed % to FRAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден56.72
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ден56.34
0.1000% / 0.1000%
Yes
Last updated 2024/07/09 21:00:14(UTC+0)

How to buy Frax

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Buy Frax (FRAX)
Use a variety of payment options to buy Frax on Bitget. We'll show you how.

Buy FRAX (or USDT) for MKD (Macedonian Denar) offers

Bitget P2P trading does not currently support direct buying of FRAX with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy FRAX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
T
TreblaIndustries-Verified Merchant
31 tradesCompletion rate 91.00%
1.015 USD
Amount700 USDT
Limit500 - 700 USD
Wise
Buy
m
mundocriptoVerified Merchant
16 tradesCompletion rate 100.00%
1.018 USD
Amount253.11 USDT
Limit10 - 200 USD
Volet.com(Formerly Advcash)
Buy
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.029 USD
Amount350 USDT
Limit10 - 360 USD
PayeerVolet.com(Formerly Advcash)Air TM
Buy
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.035 USD
Amount250 USDT
Limit10 - 250 USD
Perfect MoneyVolet.com(Formerly Advcash)Air TM
Buy
R
Russiad_BCVerified Merchant
26 tradesCompletion rate 96.00%
1.035 USD
Amount80 USDT
Limit10 - 80 USD
PayeerPerfect Money
Buy

Sell FRAX (or USDT) for MKD (Macedonian Denar) offers

Bitget P2P trading currently does not support direct selling of FRAX to MKD. However, you can first exchange FRAX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Suarman TradesVerified Merchant
16 tradesCompletion rate 100.00%
1.2 USD
Amount38798.82 USDT
Limit1200 - 48000 USD
Bank TransferRevolutZen
Sell
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.195 USD
Amount841.7 USDT
Limit10 - 1600 USD
WebMoney
Sell
R
Russiad_BCVerified Merchant
26 tradesCompletion rate 96.00%
1.195 USD
Amount3723.2 USDT
Limit10 - 4000 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
7 tradesCompletion rate 100.00%
1.123 USD
Amount4788.74 USDT
Limit100 - 5000 USD
WebMoney
Sell
D
DimTradeVerified Merchant
0 tradesCompletion rate 0.00%
1.1 USD
Amount4502.79 USDT
Limit100 - 1000 USD
WebMoney
Sell

What factors influence the conversion rate of Frax to Macedonian Denar?

Frax to Macedonian Denar is rising this week.
Frax's current market price is ден 56.72 per FRAX, with a total market cap of ден 36,838,153,220.47 MKD based on a circulating supply of 649,434,240 FRAX. The trading volume of Frax has changed by -88.85% (ден -1,609,469,217.03 MKD) in the last 24 hours. Last trading day, FRAX's trading volume was ден 1,811,416,834.21.
Market cap
$647.53M
24h volume
$3.55M
Circulating supply
649.43M FRAX

Conversion tables

The exchange rate of Frax is decreasing.
1 FRAX is currently valued at ден 56.72 MKD , which means buying 5 FRAX will cost ден 283.62 MKD . Similarly, ден1 MKD can be traded for 0.01763 FRAX, and ден50 MKD can be converted to 0.8815 FRAX, excluding any platform or gas fees.
The exchange rate of 1 FRAX to Macedonian Denar has changed by +0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 56.75 MKD and a low of 56.72 MKD . One month ago, the value of 1 FRAX was ден 56.76 MKD , which represents a -0.06% change from its current value. Over the last year, Frax has changed by
-ден
0.1846MKD
, resulting in a change of -0.32% in its value.

FRAX to MKD

Amount
21:04 today
0.5 FRAX
ден28.36
1 FRAX
ден56.72
5 FRAX
ден283.62
10 FRAX
ден567.23
50 FRAX
ден2,836.17
100 FRAX
ден5,672.34
500 FRAX
ден28,361.72
1000 FRAX
ден56,723.45

MKD to FRAX

Amount21:04 today
0.5MKD0.008815  FRAX
1MKD0.01763  FRAX
5MKD0.08815  FRAX
10MKD0.1763  FRAX
50MKD0.8815  FRAX
100MKD1.76  FRAX
500MKD8.81  FRAX
1000MKD17.63  FRAX
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Today vs. 24 hours ago

Amount21:04 today24 hours ago24h change
0.5 FRAX$0.4985$0.4985
+0.01%
1 FRAX$0.9971$0.9970
+0.01%
5 FRAX$4.99$4.98
+0.01%
10 FRAX$9.97$9.97
+0.01%
50 FRAX$49.85$49.85
+0.01%
100 FRAX$99.71$99.7
+0.01%
500 FRAX$498.53$498.49
+0.01%
1000 FRAX$997.06$996.99
+0.01%

Today vs. 1 month ago

Amount21:04 today1 month ago1M change
0.5 FRAX$0.4985$0.4988
-0.06%
1 FRAX$0.9971$0.9977
-0.06%
5 FRAX$4.99$4.99
-0.06%
10 FRAX$9.97$9.98
-0.06%
50 FRAX$49.85$49.88
-0.06%
100 FRAX$99.71$99.77
-0.06%
500 FRAX$498.53$498.84
-0.06%
1000 FRAX$997.06$997.68
-0.06%
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Today vs. 1 year ago

Amount21:04 today1 year ago1Y change
0.5 FRAX$0.4985$0.5002
-0.32%
1 FRAX$0.9971$1
-0.32%
5 FRAX$4.99$5
-0.32%
10 FRAX$9.97$10
-0.32%
50 FRAX$49.85$50.02
-0.32%
100 FRAX$99.71$100.03
-0.32%
500 FRAX$498.53$500.15
-0.32%
1000 FRAX$997.06$1,000.31
-0.32%

Frax price prediction

What will the price of FRAX be in 2025?

Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $1.21 in 2025.

What will the price of FRAX be in 2030?

In 2030, the FRAX price is expected to change by -8.00%. By the end of 2030, the FRAX price is projected to reach $2.05, with a cumulative ROI of +106.05%.
Buy Frax for 1 MKD
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Buy Frax for 1 MKD
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Buy Frax for 1 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 Frax 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 Frax 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 Frax 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.

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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.