For newbies about monetary market

Day 1,213, 22:51 Published in Iran Slovenia by dupi
Hi my friends,

It's not really an article but a message only which I just sent to one of my friends who asked me about changing his money from BGN to MKD - but I think it may be interesting for everybody who not use the monetary market every day.




The main thing about monetary market: never buy only sell 🙂 It's more time but you'll have much more money.


So if you want to change your money from BGN to MK😨

1. check the BGN-gold ratio (currently 0.013)
2. post new offer: all your BGN to gold at the above price (0.013 - not less!)
3. wait until you sell it (if it lasts more than a day check back the ratio and update your offer if it's neccessary)
4. check the gold-MKD ratio (currently 67, its changing fast)
5. post new offer: your golds to MKD at ratio slightly lower then (currently) 67 (for example I used to cut 0.005/0.05 - now 66.955, or 66.95)

In this way: 500 BGN --> 6.5 gold --> 435.175 MKD


And the faster way, buying everywhere:

1. gold-BGN, the first offer: 87.5 BGN (one gold)
2. MKD-gold, 0.017 gold (one MKD)

500 BGN --> 5.71 gold --> 336.13 MKD


The difference is 100 MKD!!! And you must only wait - sometimes minutes, mostly hours, maybe a day.


Don't forget you can only receive 10 golds every day! (Via donations or monetary market)

If you have questions: comment.

Have a nice day!


Advertisement: I'm looking for someone who wants to change IRR to TRY. (Yep, I have a lot of TRY and I reach the 10-gold-limit every day)