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Velas to Macedonian Denar Converter and calculator

Convert 1Velas (VLX) to Macedonian Denar (MKD) equals ден 0.5873 | 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 Velas(VLX) to Macedonian Denar(MKD). This is the real-time data. The current conversion shows 1 VLX at a value of 1 VLX for 0.59 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 Velas currency pair is the VLX to MKD, with for Velas's currency code being VLX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MKD.

VLX to MKD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Velas has changed -1.71% to MKD. Based on the trend and price charts, Velas(VLX) has changed -1.71% to MKD while Macedonian Denar(MKD) has changed % to VLX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ден0.4183
0.0200% / 0.0320%vip-iconVIP 7
Huobi
ден0.5838
0.1000% / 0.1000%
Yes
Gate.io
ден0.5816
0.1000% / 0.1000%
Yes
KuCoin
ден0.4321
0.1000% / 0.1000%
Yes
Last updated 2024/07/09 01:00:18(UTC+0)

How to buy Velas

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Velas (VLX)
Use a variety of payment options to buy Velas on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of VLX to MKD. However, you can first exchange VLX 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 Velas to Macedonian Denar?

Velas to Macedonian Denar is falling this week.
Velas's current market price is ден 0.5873 per VLX, with a total market cap of ден 1,566,304,651.78 MKD based on a circulating supply of 2,666,806,000 VLX. The trading volume of Velas has changed by -14.78% (ден -4,980,496.25 MKD) in the last 24 hours. Last trading day, VLX's trading volume was ден 33,701,871.32.
Market cap
$26.51M
24h volume
$486.10K
Circulating supply
2.67B VLX

Conversion tables

The exchange rate of Velas is decreasing.
1 VLX is currently valued at ден 0.5873 MKD , which means buying 5 VLX will cost ден 2.94 MKD . Similarly, ден1 MKD can be traded for 1.7 VLX, and ден50 MKD can be converted to 85.13 VLX, excluding any platform or gas fees.
The exchange rate of 1 VLX to Macedonian Denar has changed by -14.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.71%, reaching a high of 0.6096 MKD and a low of 0.5648 MKD . One month ago, the value of 1 VLX was ден 1.06 MKD , which represents a -44.41% change from its current value. Over the last year, Velas has changed by
-ден
0.1711MKD
, resulting in a change of -22.55% in its value.

VLX to MKD

Amount
11:36 am today
0.5 VLX
ден0.2937
1 VLX
ден0.5873
5 VLX
ден2.94
10 VLX
ден5.87
50 VLX
ден29.37
100 VLX
ден58.73
500 VLX
ден293.67
1000 VLX
ден587.33

MKD to VLX

Amount11:36 am today
0.5MKD0.8513  VLX
1MKD1.7  VLX
5MKD8.51  VLX
10MKD17.03  VLX
50MKD85.13  VLX
100MKD170.26  VLX
500MKD851.31  VLX
1000MKD1,702.61  VLX

Today vs. 24 hours ago

Amount11:36 am today24 hours ago24h change
0.5 VLX$0.004970$0.005057
-1.71%
1 VLX$0.009940$0.01011
-1.71%
5 VLX$0.04970$0.05057
-1.71%
10 VLX$0.09940$0.1011
-1.71%
50 VLX$0.4970$0.5057
-1.71%
100 VLX$0.9940$1.01
-1.71%
500 VLX$4.97$5.06
-1.71%
1000 VLX$9.94$10.11
-1.71%

Today vs. 1 month ago

Amount11:36 am today1 month ago1M change
0.5 VLX$0.004970$0.008942
-44.41%
1 VLX$0.009940$0.01788
-44.41%
5 VLX$0.04970$0.08942
-44.41%
10 VLX$0.09940$0.1788
-44.41%
50 VLX$0.4970$0.8942
-44.41%
100 VLX$0.9940$1.79
-44.41%
500 VLX$4.97$8.94
-44.41%
1000 VLX$9.94$17.88
-44.41%

Today vs. 1 year ago

Amount11:36 am today1 year ago1Y change
0.5 VLX$0.004970$0.006418
-22.55%
1 VLX$0.009940$0.01284
-22.55%
5 VLX$0.04970$0.06418
-22.55%
10 VLX$0.09940$0.1284
-22.55%
50 VLX$0.4970$0.6418
-22.55%
100 VLX$0.9940$1.28
-22.55%
500 VLX$4.97$6.42
-22.55%
1000 VLX$9.94$12.84
-22.55%

Velas price prediction

What will the price of VLX be in 2025?

Based on VLX's historical price performance prediction model, the price of VLX is projected to reach $0.01552 in 2025.

What will the price of VLX be in 2030?

In 2030, the VLX price is expected to change by -18.00%. By the end of 2030, the VLX price is projected to reach $0.02062, with a cumulative ROI of +99.88%.

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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 Velas 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 Velas 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 Velas 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.