RAKE
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 Rake Coin(RAKE) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 RAKE at a value of 1 RAKE for 0.01 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 Rake Coin currency pair is the RAKE to MKD, with for Rake Coin's currency code being RAKE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.
RAKE to MKD conversion rate trend
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In the past 1D, Rake Coin has changed -0.86% to MKD. Based on the trend and price charts, Rake Coin(RAKE) has changed -0.86% to MKD while Macedonian Denar(MKD) has changed % to RAKE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ден0.01410 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:30:35(UTC+0)
How to buy Rake Coin
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Rake Coin (RAKE)
Use a variety of payment options to buy Rake Coin on Bitget. We'll show you how.
Buy RAKE (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading does not currently support direct buying of RAKE with MKD. However, you can buy USDT in Bitget P2P trading first, and then buy RAKE with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell RAKE (or USDT) for MKD (Macedonian Denar) offers
Bitget P2P trading currently does not support direct selling of RAKE to MKD. However, you can first exchange RAKE 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 Rake Coin to Macedonian Denar?
Rake Coin to Macedonian Denar is falling this week.Rake Coin's current market price is ден 0.01408 per RAKE, with a total market cap of ден 975,960,172.35 MKD based on a circulating supply of 69,312,840,000 RAKE. The trading volume of Rake Coin has changed by -56.28% (ден -35,717.02 MKD) in the last 24 hours. Last trading day, RAKE's trading volume was ден 63,463.3.
Market cap
$16.52M
24h volume
$469.59941114
Circulating supply
69.31B RAKE
Conversion tables
The exchange rate of Rake Coin is decreasing.1 RAKE is currently valued at ден 0.01408 MKD , which means buying 5 RAKE will cost ден 0.07040 MKD . Similarly, ден1 MKD can be traded for 71.02 RAKE, and ден50 MKD can be converted to 3,551.01 RAKE, excluding any platform or gas fees.
The exchange rate of 1 RAKE to Macedonian Denar has changed by -11.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.86%, reaching a high of 0.01432 MKD and a low of 0.01408 MKD . One month ago, the value of 1 RAKE was ден 0.01742 MKD , which represents a -19.18% change from its current value. Over the last year, Rake Coin has changed by , resulting in a change of +27.16% in its value.
+ден
0.003007MKDRAKE to MKD
Amount
12:33 today
0.5 RAKE
ден0.007040
1 RAKE
ден0.01408
5 RAKE
ден0.07040
10 RAKE
ден0.1408
50 RAKE
ден0.7040
100 RAKE
ден1.41
500 RAKE
ден7.04
1000 RAKE
ден14.08
MKD to RAKE
Amount12:33 today
0.5MKD35.51 RAKE
1MKD71.02 RAKE
5MKD355.1 RAKE
10MKD710.2 RAKE
50MKD3,551.01 RAKE
100MKD7,102.01 RAKE
500MKD35,510.07 RAKE
1000MKD71,020.15 RAKE
Today vs. 24 hours ago
| Amount | 12:33 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAKE | $0.0001192 | $0.0001202 | -0.86% |
| 1 RAKE | $0.0002383 | $0.0002404 | -0.86% |
| 5 RAKE | $0.001192 | $0.001202 | -0.86% |
| 10 RAKE | $0.002383 | $0.002404 | -0.86% |
| 50 RAKE | $0.01192 | $0.01202 | -0.86% |
| 100 RAKE | $0.02383 | $0.02404 | -0.86% |
| 500 RAKE | $0.1192 | $0.1202 | -0.86% |
| 1000 RAKE | $0.2383 | $0.2404 | -0.86% |
Today vs. 1 month ago
| Amount | 12:33 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAKE | $0.0001192 | $0.0001474 | -19.18% |
| 1 RAKE | $0.0002383 | $0.0002949 | -19.18% |
| 5 RAKE | $0.001192 | $0.001474 | -19.18% |
| 10 RAKE | $0.002383 | $0.002949 | -19.18% |
| 50 RAKE | $0.01192 | $0.01474 | -19.18% |
| 100 RAKE | $0.02383 | $0.02949 | -19.18% |
| 500 RAKE | $0.1192 | $0.1474 | -19.18% |
| 1000 RAKE | $0.2383 | $0.2949 | -19.18% |
Today vs. 1 year ago
| Amount | 12:33 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAKE | $0.0001192 | $0.{4}9370 | +27.16% |
| 1 RAKE | $0.0002383 | $0.0001874 | +27.16% |
| 5 RAKE | $0.001192 | $0.0009370 | +27.16% |
| 10 RAKE | $0.002383 | $0.001874 | +27.16% |
| 50 RAKE | $0.01192 | $0.009370 | +27.16% |
| 100 RAKE | $0.02383 | $0.01874 | +27.16% |
| 500 RAKE | $0.1192 | $0.09370 | +27.16% |
| 1000 RAKE | $0.2383 | $0.1874 | +27.16% |
Rake Coin price prediction
What will the price of RAKE be in 2025?
Based on RAKE's historical price performance prediction model, the price of RAKE is projected to reach $0.0003423 in 2025.
What will the price of RAKE be in 2030?
In 2030, the RAKE price is expected to change by -13.00%. By the end of 2030, the RAKE price is projected to reach $0.0006803, with a cumulative ROI of +164.12%.
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Popular Rake Coin conversions
Check out these popular currency conversions of Rake Coin to several fiat currencies.
Rake Coin to USD
1 RAKE to $ 0.0002383 USD
Rake Coin to GBP
1 RAKE to £ 0.0001897 GBP
Rake Coin to EUR
1 RAKE to € 0.0002290 EUR
Rake Coin to KRW
1 RAKE to ₩ 0.3460 KRW
Rake Coin to CAD
1 RAKE to $ 0.0003429 CAD
Rake Coin to AUD
1 RAKE to $ 0.0003808 AUD
Rake Coin to JPY
1 RAKE to ¥ 0.03735 JPY
Rake Coin to BRL
1 RAKE to R$ 0.001450 BRL
Rake Coin to CNY
1 RAKE to ¥ 0.001741 CNY
Rake Coin to TWD
1 RAKE to NT$ 0.007793 TWD
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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 Rake Coin 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 Rake Coin 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 Rake Coin 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.
