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Hemule to Hong Kong Dollar Converter and calculator

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Convert 1Hemule (HEMULE) to Hong Kong Dollar (MKD) equals ден 0.06210 | Bitget
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Last updated as of 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 Hemule(HEMULE) to Hong Kong Dollar(MKD). This is the real-time data. The current conversion shows 1 HEMULE at a value of 1 HEMULE for 0.06 MKD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MKD information

About the Hong Kong Dollar (HKD)

What Is the Hong Kong Dollar (HKD)?

The Hong Kong dollar (HKD), symbolized as HK$, is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Dollar is the sole legal tender in Hong Kong, and it is widely used for all transactions within the territory. While Hong Kong is a part of China, it has a separate currency and operates under a different monetary system than mainland China, which uses the Chinese Yuan (CNY).

The Hong Kong Dollar (HKD) is issued by both the government and three major commercial banks, making it one of the few currencies in the world with such a dual issuance system. The government, through the Hong Kong Monetary Authority (HKMA), issues coins and the HK$10 banknotes, while the larger denominations of HK$20, HK$50, HK$100, HK$500, and HK$1000 are issued by The Hongkong and Shanghai Banking Corporation (HSBC), the Bank of China (Hong Kong), and Standard Chartered Bank (Hong Kong).

What Is the History of HKD?

The HKD's history dates back to the early days of Hong Kong as a British colony. Initially, various foreign currencies circulated in the region. The first local currency, the Hong Kong silver dollar, was minted in 1863. However, it faced resistance from the local population, accustomed to the silver Spanish dollar system. The 20th century saw several shifts in HKD's value, pegged at different times to the British pound and the US dollar. Since 1983, HKD has been linked to the US dollar at a rate of HK$7.80 = US$1, providing stability and confidence in Hong Kong's financial system.

Notes and Coins of HKD

Banknotes in Hong Kong are distinctively issued by three major commercial banks - The Hongkong and Shanghai Banking Corporation (HSBC), the Bank of China (Hong Kong), and Standard Chartered Bank (Hong Kong) - alongside the government, a rarity in global banking. These notes, available in denominations of HK$20, HK$50, HK$100, HK$500, and HK$1000, feature advanced security measures like watermarks and holograms, and occasionally, commemorative notes are released to mark significant events. The coinage, comprising denominations of 10 cents, 20 cents, 50 cents, HK$1, HK$2, HK$5, and HK$10, showcases designs that include the Bauhinia flower, a symbol of Hong Kong, and varies in composition from nickel-brass to cupronickel and brass-plated steel.

Can You Use HKD in Other Countries?

The Hong Kong Dollar (HKD) is predominantly used within Hong Kong and is not officially recognized as a currency in other countries. However, it finds notable acceptance in Macau, where, despite the Macanese Pataca being the official currency, HKD is widely accepted in various establishments due to the close economic ties and geographical proximity between the two regions. Additionally, in some border areas of Mainland China, particularly cities like Shenzhen, HKD might occasionally be accepted, primarily in businesses that cater to tourists from Hong Kong. Beyond these areas, HKD generally isn't accepted for everyday transactions, and travelers are advised to exchange it for the local currency or rely on international credit/debit cards. The HKD's status as a freely convertible currency facilitates its exchange in major cities and financial centers worldwide, reflecting Hong Kong's global financial significance.

Is HKD a Stable Currency?

The Hong Kong Dollar (HKD) is considered a stable currency, largely due to its peg to the US Dollar under a linked exchange rate system since 1983. This arrangement, supported by the Hong Kong Monetary Authority's substantial foreign exchange reserves, ensures consistent value and predictability. Coupled with Hong Kong's robust financial system and prudent fiscal policies, the HKD maintains stability despite global economic influences and its connection to Mainland China's economy, reinforcing its reliability in the global financial market.

What Is the Relationship Between HKD and CNY?

The Hong Kong Dollar (HKD) and the Chinese Yuan (CNY), also known as the Renminbi (RMB), maintain a distinctive relationship underpinned by the "one country, two systems" principle, allowing them to function as separate currencies despite Hong Kong's status as a Special Administrative Region of China. The HKD, pegged to the US Dollar, operates under a linked exchange rate system providing stability, while the CNY follows a managed floating rate system, reflecting different economic policies and market dynamics. This separation facilitates significant trade and investment flows between Hong Kong and Mainland China, necessitating frequent currency conversions. Hong Kong's role as an international financial center means that fluctuations in the HKD can influence the CNY, particularly in terms of capital flows and investment trends, and vice versa. Crucially, Hong Kong serves as the largest offshore Renminbi trading center, playing a pivotal role in the internationalization of the Renminbi, while both regions maintain a degree of policy coordination and communication, especially in broader economic strategies within China.

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

HEMULE to MKD conversion rate trend

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In the past 1D, Hemule has changed +0.43% to MKD. Based on the trend and price charts, Hemule(HEMULE) has changed +0.43% to MKD while Hong Kong Dollar(MKD) has changed % to HEMULE in the last 24 hours.

HEMULE to MKD market statistics

HEMULE/MKD:
ден 0.06210
HEMULE 24h volume:
ден 16,542,642.53
HEMULE market cap:
ден 60,860,669.03
HEMULE circulating supply:
980.00M HEMULE

Current HEMULE to MKD exchange rate

Hemule to Hong Kong Dollar is rising this week.
Hemule's current market price is ден 0.06210 per HEMULE, with a total market cap of ден 60,860,669.03 MKD based on a circulating supply of 979,998,600 HEMULE. The trading volume of Hemule has changed by -2.09% (ден -352,793.60 MKD) in the last 24 hours. Last trading day, HEMULE's trading volume was ден 16,895,436.13.

HEMULE to MKD Conversion tables

The exchange rate of Hemule is increasing.
1 HEMULE is currently valued at ден 0.06210 MKD , which means buying 5 HEMULE will cost ден 0.3105 MKD . Similarly, ден1 MKD can be traded for 16.1 HEMULE, and ден50 MKD can be converted to 805.12 HEMULE, excluding any platform or gas fees.
The exchange rate of 1 HEMULE to Hong Kong Dollar has changed by +18.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.43%, reaching a high of 0.06509 MKD and a low of 0.06134 MKD . One month ago, the value of 1 HEMULE was ден 0.05725 MKD , which represents a +8.44% change from its current value. Over the last year, Hemule has changed by
-ден
0.6231MKD
, resulting in a change of -90.91% in its value.

HEMULE to MKD

Amount
03:48 am today
0.5 HEMULE
ден0.03105
1 HEMULE
ден0.06210
5 HEMULE
ден0.3105
10 HEMULE
ден0.6210
50 HEMULE
ден3.11
100 HEMULE
ден6.21
500 HEMULE
ден31.05
1000 HEMULE
ден62.1

MKD to HEMULE

Amount03:48 am today
0.5MKD8.05  HEMULE
1MKD16.1  HEMULE
5MKD80.51  HEMULE
10MKD161.02  HEMULE
50MKD805.12  HEMULE
100MKD1,610.23  HEMULE
500MKD8,051.17  HEMULE
1000MKD16,102.33  HEMULE
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HEMULE to MKD Today vs. 24 hours ago

Amount03:48 am today24 hours ago24h change
0.5 HEMULEден0.03105ден0.03092
+0.43%
1 HEMULEден0.06210ден0.06183
+0.43%
5 HEMULEден0.3105ден0.3092
+0.43%
10 HEMULEден0.6210ден0.6183
+0.43%
50 HEMULEден3.11ден3.09
+0.43%
100 HEMULEден6.21ден6.18
+0.43%
500 HEMULEден31.05ден30.92
+0.43%
1000 HEMULEден62.1ден61.83
+0.43%

HEMULE to MKD Today vs. 1 month ago

Amount03:48 am today1 month ago1M change
0.5 HEMULEден0.03105ден0.02863
+8.44%
1 HEMULEден0.06210ден0.05725
+8.44%
5 HEMULEден0.3105ден0.2863
+8.44%
10 HEMULEден0.6210ден0.5725
+8.44%
50 HEMULEден3.11ден2.86
+8.44%
100 HEMULEден6.21ден5.73
+8.44%
500 HEMULEден31.05ден28.63
+8.44%
1000 HEMULEден62.1ден57.25
+8.44%

HEMULE to MKD Today vs. 1 year ago

Amount03:48 am today1 year ago1Y change
0.5 HEMULEден0.03105ден0.3426
-90.91%
1 HEMULEден0.06210ден0.6852
-90.91%
5 HEMULEден0.3105ден3.43
-90.91%
10 HEMULEден0.6210ден6.85
-90.91%
50 HEMULEден3.11ден34.26
-90.91%
100 HEMULEден6.21ден68.52
-90.91%
500 HEMULEден31.05ден342.62
-90.91%
1000 HEMULEден62.1ден685.24
-90.91%

How to convert HEMULE to MKD

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

Bitget P2P trading does not currently support direct buying of HEMULE with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy HEMULE with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell HEMULE (or USDT) for MKD (Macedonian Denar) offers

Bitget P2P trading currently does not support direct selling of HEMULE to MKD. However, you can first exchange HEMULE 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
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What factors influence the conversion rate of HEMULE to MKD?

There are many factors that affect the relationship between Hemule and Macedonian Denar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of HEMULE/MKD. When there is positive news in the market about the widespread adoption of HEMULE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of HEMULE/MKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in HEMULE/MKD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of HEMULE/MKD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Hemule and adjust their investment strategies accordingly in the evolving market.

Hemule price prediction

What will the price of HEMULE be in 2026?

Based on HEMULE's historical price performance prediction model, the price of HEMULE is projected to reach $0.001662 in 2026.

What will the price of HEMULE be in 2031?

In 2031, the HEMULE price is expected to change by +11.00%. By the end of 2031, the HEMULE price is projected to reach $0.001831, with a cumulative ROI of +60.39%.

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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 Hemule 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 Hemule 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 Hemule 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.