Currencies.Zone

Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)

Convert Australian dollar

1 MKD = 0.029 AUD

1 AUD = 34.352 MKD

Convert Argentine peso

1 MKD = 25.680 ARS

1 ARS = 0.039 MKD

Convert Burundian Franc

1 MKD = 56.032 BIF

1 BIF = 0.018 MKD

Convert Bahraini dinar

1 MKD = 0.007 BHD

1 BHD = 141.211 MKD

Convert Bolivian boliviano

1 MKD = 0.130 BOB

1 BOB = 7.687 MKD

Convert Azerbaijani manat

1 MKD = 0.032 AZN

1 AZN = 31.233 MKD

Convert Bhutanese ngultrum

1 MKD = 1.643 BTN

1 BTN = 0.609 MKD

Convert Costa Rican colón

1 MKD = 9.516 CRC

1 CRC = 0.105 MKD

Convert Czech koruna

1 MKD = 0.399 CZK

1 CZK = 2.504 MKD

Convert Chinese Yuan Renminbi

1 MKD = 0.136 CNY

1 CNY = 7.362 MKD

Convert Danish Krone

1 MKD = 0.121 DKK

1 DKK = 8.244 MKD

Convert Ethiopian birr

1 MKD = 2.603 ETB

1 ETB = 0.384 MKD

Convert Guinean franc

1 MKD = 163.485 GNF

1 GNF = 0.006 MKD

Convert Croatian kuna

1 MKD = 0.132 HRK

1 HRK = 7.563 MKD

Convert Indonesian Rupiah

1 MKD = 308.292 IDR

1 IDR = 0.003 MKD

Convert Jamaican Dollar

1 MKD = 3.018 JMD

1 JMD = 0.331 MKD

Convert Kyrgyzstani som

1 MKD = 1.647 KGS

1 KGS = 0.607 MKD

Convert Convertible Mark

1 MKD = 0.032 BAM

1 BAM = 31.455 MKD

Convert Netherlands Antillean guilder

1 MKD = 0.034 ANG

1 ANG = 29.480 MKD

Convert Botswana pula

1 MKD = 0.265 BWP

1 BWP = 3.775 MKD

Convert Brunei dollar

1 MKD = 0.024 BND

1 BND = 41.191 MKD

Convert Congolese franc

1 MKD = 54.811 CDF

1 CDF = 0.018 MKD

Convert Belize dollar

1 MKD = 0.038 BZD

1 BZD = 26.384 MKD

Convert Belarusian Ruble

1 MKD = 617.698 BYR

1 BYR = 0.002 MKD

Convert Bulgarian lev

1 MKD = 0.032 BGN

1 BGN = 31.455 MKD

Convert Canadian dollar

1 MKD = 0.026 CAD

1 CAD = 38.511 MKD

Convert Algerian dinar

1 MKD = 2.468 DZD

1 DZD = 0.405 MKD

Convert Eritrean nakfa

1 MKD = 0.283 ERN

1 ERN = 3.540 MKD

Convert Egyptian Pound

1 MKD = 0.917 EGP

1 EGP = 1.091 MKD

Convert Fijian Dollar

1 MKD = 0.043 FJD

1 FJD = 23.470 MKD

Convert Pound sterling

1 MKD = 0.014 GBP

1 GBP = 70.508 MKD

Convert Falkland Islands pound

1 MKD = 0.014 FKP

1 FKP = 70.508 MKD

Convert Guatemalan quetzal

1 MKD = 0.145 GTQ

1 GTQ = 6.919 MKD

Convert Hong Kong dollar

1 MKD = 0.148 HKD

1 HKD = 6.764 MKD

Convert Hungarian forint

1 MKD = 6.477 HUF

1 HUF = 0.154 MKD

Convert Iraqi dinar

1 MKD = 24.670 IQD

1 IQD = 0.041 MKD

Convert Iranian Rial

1 MKD = 793.604 IRR

1 IRR = 0.001 MKD

Convert Comorian Franc

1 MKD = 7.997 KMF

1 KMF = 0.125 MKD

Convert South Korean Won

1 MKD = 26.151 KRW

1 KRW = 0.038 MKD

Convert Albanian lek

1 MKD = 1.584 ALL

1 ALL = 0.631 MKD

Convert Bangladeshi Taka

1 MKD = 2.303 BDT

1 BDT = 0.434 MKD

Convert Aruban florin

1 MKD = 0.034 AWG

1 AWG = 29.662 MKD

Convert Brazilian Real

1 MKD = 0.104 BRL

1 BRL = 9.580 MKD

Convert Bitcoin Cash

1 MKD = 0.000 BCH

1 BCH = 28515.306 MKD

Convert Bitcoin

1 MKD = 0.000 BTC

1 BTC = 5899500.000 MKD

Convert Arab Emirates Dirham

1 MKD = 0.069 AED

1 AED = 14.458 MKD

Convert Angolan kwanza

1 MKD = 17.280 AOA

1 AOA = 0.058 MKD

Convert Bahamian dollar

1 MKD = 0.019 BSD

1 BSD = 53.096 MKD

Convert Chilean Peso

1 MKD = 18.256 CLP

1 CLP = 0.055 MKD

Convert Belarusian ruble

1 MKD = 0.062 BYN

1 BYN = 16.187 MKD

Convert Colombian Peso

1 MKD = 77.705 COP

1 COP = 0.013 MKD

Convert Cuban peso

1 MKD = 0.451 CUP

1 CUP = 2.215 MKD

Convert Ethereum

1 MKD = 0.000 ETH

1 ETH = 189626.786 MKD

Convert Euro

1 MKD = 0.016 EUR

1 EUR = 61.521 MKD

Convert Honduran lempira

1 MKD = 0.494 HNL

1 HNL = 2.022 MKD

Convert Gambian dalasi

1 MKD = 1.367 GMD

1 GMD = 0.732 MKD

Convert Gibraltar pound

1 MKD = 0.014 GIP

1 GIP = 70.508 MKD

Convert Haitian gourde

1 MKD = 2.469 HTG

1 HTG = 0.405 MKD

Convert Jordanian dinar

1 MKD = 0.013 JOD

1 JOD = 74.888 MKD

Convert Japanese Yen

1 MKD = 2.776 JPY

1 JPY = 0.360 MKD

Convert Afghan afghani

1 MKD = 1.295 AFN

1 AFN = 0.772 MKD

Convert Barbadian dollar

1 MKD = 0.038 BBD

1 BBD = 26.548 MKD

Convert Bermudian dollar

1 MKD = 0.019 BMD

1 BMD = 53.096 MKD

Convert Armenian dram

1 MKD = 7.199 AMD

1 AMD = 0.139 MKD

Convert Swiss franc

1 MKD = 0.015 CHF

1 CHF = 66.029 MKD

Convert Djiboutian franc

1 MKD = 3.353 DJF

1 DJF = 0.298 MKD

Convert Dominican Peso

1 MKD = 1.145 DOP

1 DOP = 0.873 MKD

Convert Cape Verdean escudo

1 MKD = 1.792 CVE

1 CVE = 0.558 MKD

Convert Georgian Lari

1 MKD = 0.051 GEL

1 GEL = 19.643 MKD

Convert Ghana Cedi

1 MKD = 0.198 GHS

1 GHS = 5.058 MKD

Convert Guyanese dollar

1 MKD = 3.939 GYD

1 GYD = 0.254 MKD

Convert Israeli Sheqel

1 MKD = 0.064 ILS

1 ILS = 15.560 MKD

Convert Indian Rupee

1 MKD = 1.643 INR

1 INR = 0.609 MKD

Convert Icelandic Krona

1 MKD = 2.324 ISK

1 ISK = 0.430 MKD

Convert Cambodian Riel

1 MKD = 75.597 KHR

1 KHR = 0.013 MKD

Convert Kenyan shilling

1 MKD = 2.435 KES

1 KES = 0.411 MKD

Convert Kuwaiti Dinar

1 MKD = 0.006 KWD

1 KWD = 173.831 MKD

Convert Kazakhstani tenge

1 MKD = 10.224 KZT

1 KZT = 0.098 MKD

Convert Sri Lankan rupee

1 MKD = 5.675 LKR

1 LKR = 0.176 MKD

Convert Moroccan dirham

1 MKD = 0.171 MAD

1 MAD = 5.850 MKD

Convert Burmese kyat

1 MKD = 39.534 MMK

1 MMK = 0.025 MKD

Convert Mongolian Tugrik

1 MKD = 67.658 MNT

1 MNT = 0.015 MKD

Convert Mauritian Rupee

1 MKD = 0.881 MUR

1 MUR = 1.135 MKD

Convert Mauritanian ouguiya

1 MKD = 7.507 MRO

1 MRO = 0.133 MKD

Convert Maldivian rufiyaa

1 MKD = 0.291 MVR

1 MVR = 3.438 MKD

Convert Malawian kwacha

1 MKD = 32.684 MWK

1 MWK = 0.031 MKD

Convert New Zealand Dollar

1 MKD = 0.032 NZD

1 NZD = 31.414 MKD

Convert Nepalese rupee

1 MKD = 2.631 NPR

1 NPR = 0.380 MKD

Convert Philippine peso

1 MKD = 1.088 PHP

1 PHP = 0.919 MKD

Convert Pakistani rupee

1 MKD = 5.341 PKR

1 PKR = 0.187 MKD

Convert Rwandan franc

1 MKD = 27.131 RWF

1 RWF = 0.037 MKD

Convert Litecoin

1 MKD = 0.000 LTC

1 LTC = 5674.415 MKD

Convert Mexican peso

1 MKD = 0.355 MXN

1 MXN = 2.816 MKD

Convert Nicaraguan córdoba

1 MKD = 0.693 NIO

1 NIO = 1.443 MKD

Convert Romanian leu

1 MKD = 0.082 RON

1 RON = 12.131 MKD

Convert North Korean won

1 MKD = 16.951 KPW

1 KPW = 0.059 MKD

Convert Cayman Islands dollar

1 MKD = 0.016 KYD

1 KYD = 64.034 MKD

Convert Lebanese pound

1 MKD = 1689.657 LBP

1 LBP = 0.001 MKD

Convert Libyan dinar

1 MKD = 0.103 LYD

1 LYD = 9.743 MKD

Convert Lao kip

1 MKD = 407.392 LAK

1 LAK = 0.002 MKD

Convert Malagasy Ariary

1 MKD = 83.527 MGA

1 MGA = 0.012 MKD

Convert Liberian dollar

1 MKD = 3.780 LRD

1 LRD = 0.265 MKD

Convert Macedonian Denar

1 MKD = 1.000 MKD

1 MKD = 1.000 MKD

Convert Lesotho loti

1 MKD = 0.340 LSL

1 LSL = 2.941 MKD

Convert Macanese pataca

1 MKD = 0.152 MOP

1 MOP = 6.567 MKD

Convert Moldovan Leu

1 MKD = 0.320 MDL

1 MDL = 3.127 MKD

Convert Namibian dollar

1 MKD = 0.340 NAD

1 NAD = 2.941 MKD

Convert Malaysian ringgit

1 MKD = 0.081 MYR

1 MYR = 12.413 MKD

Convert Omani rial

1 MKD = 0.007 OMR

1 OMR = 137.945 MKD

Convert Nigerian Naira

1 MKD = 28.885 NGN

1 NGN = 0.035 MKD

Convert Papua New Guinean Kina

1 MKD = 0.078 PGK

1 PGK = 12.857 MKD

Convert Panamanian Balboa

1 MKD = 0.019 PAB

1 PAB = 53.096 MKD

Convert Peruvian sol

1 MKD = 0.067 PEN

1 PEN = 14.821 MKD

Convert Norwegian krone

1 MKD = 0.193 NOK

1 NOK = 5.185 MKD

Convert Polish Zloty

1 MKD = 0.069 PLN

1 PLN = 14.402 MKD

Convert Paraguayan Guaraní

1 MKD = 143.985 PYG

1 PYG = 0.007 MKD

Convert Qatari Rial

1 MKD = 0.069 QAR

1 QAR = 14.587 MKD

Convert Solomon Islands Dollar

1 MKD = 0.160 SBD

1 SBD = 6.255 MKD

Convert Saudi riyal

1 MKD = 0.071 SAR

1 SAR = 14.159 MKD

Convert Singapore dollar

1 MKD = 0.024 SGD

1 SGD = 41.191 MKD

Convert Sierra Leonean leone

1 MKD = 427.501 SLL

1 SLL = 0.002 MKD

Convert Thai baht

1 MKD = 0.612 THB

1 THB = 1.635 MKD

Convert Taiwan dollar

1 MKD = 0.560 TWD

1 TWD = 1.784 MKD

Convert Ukrainian hryvnia

1 MKD = 0.787 UAH

1 UAH = 1.270 MKD

Convert Ugandan Shilling

1 MKD = 67.422 UGX

1 UGX = 0.015 MKD

Convert Surinamese dollar

1 MKD = 0.694 SRD

1 SRD = 1.440 MKD

Convert São Tomé and Príncipe dobra

1 MKD = 402.011 STD

1 STD = 0.002 MKD

Convert Turkish Lira

1 MKD = 0.766 TRY

1 TRY = 1.306 MKD

Convert Trinidad & Tobago Dollar

1 MKD = 0.128 TTD

1 TTD = 7.832 MKD

Convert Tongan paʻanga

1 MKD = 0.045 TOP

1 TOP = 22.053 MKD

Convert Uzbekistani som

1 MKD = 240.212 UZS

1 UZS = 0.004 MKD

Convert Yemeni Rial

1 MKD = 4.531 YER

1 YER = 0.221 MKD

Convert South African rand

1 MKD = 0.340 ZAR

1 ZAR = 2.941 MKD

Convert Serbian Dinar

1 MKD = 1.904 RSD

1 RSD = 0.525 MKD

Convert Russian ruble

1 MKD = 1.507 RUB

1 RUB = 0.664 MKD

Convert Somali shilling

1 MKD = 10.763 SOS

1 SOS = 0.093 MKD

Convert Salvadoran Colón

1 MKD = 0.165 SVC

1 SVC = 6.068 MKD

Convert Syrian Pound

1 MKD = 244.880 SYP

1 SYP = 0.004 MKD

Convert Swazi lilangeni

1 MKD = 0.340 SZL

1 SZL = 2.941 MKD

Convert Tunisian dinar

1 MKD = 0.055 TND

1 TND = 18.297 MKD

Convert Uruguayan peso

1 MKD = 0.757 UYU

1 UYU = 1.320 MKD

Convert Vietnamese dong

1 MKD = 493.791 VND

1 VND = 0.002 MKD

Convert Vanuatu vatu

1 MKD = 2.263 VUV

1 VUV = 0.442 MKD

Convert Samoan Tala

1 MKD = 0.052 WST

1 WST = 19.130 MKD

Convert CFA franc

1 MKD = 10.662 XAF

1 XAF = 0.094 MKD

Convert East Caribbean dollar

1 MKD = 0.051 XCD

1 XCD = 19.618 MKD

Convert Seychellois Rupee

1 MKD = 0.275 SCR

1 SCR = 3.632 MKD

Convert Swedish krona

1 MKD = 0.182 SEK

1 SEK = 5.501 MKD

Convert Saint Helena pound

1 MKD = 0.014 SHP

1 SHP = 70.508 MKD

Convert Tanzanian Shilling

1 MKD = 48.269 TZS

1 TZS = 0.021 MKD

Convert United States dollar

1 MKD = 0.019 USD

1 USD = 53.096 MKD

Convert CFP franc

1 MKD = 1.940 XPF

1 XPF = 0.516 MKD

Convert West African CFA franc

1 MKD = 10.662 XOF

1 XOF = 0.094 MKD

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Evolution of the MKD Exchange Rate

The Macedonian Denar (MKD) exchange rate has experienced various changes throughout its history. Since its introduction in 1992, the Denar has generally maintained a stable exchange rate against major currencies such as the Euro and the US Dollar. However, it has occasionally faced periods of volatility and depreciation.

Variations in the MKD Exchange Rate

The MKD exchange rate has been subject to variations impacted by several factors. These include economic developments, political stability, inflation rates, foreign investment, and international trade. Fluctuations in the exchange rate have occurred due to these factors, leading to both appreciation and depreciation of the Denar against other currencies.

Significance of MKD in the Global Economy

The Macedonian Denar plays a limited role in the global economy due to the size of the Macedonian economy. However, it is an important currency for trade and investment within the region. As Macedonia is a member of the Central European Free Trade Agreement (CEFTA), the Denar is used in transactions with other member countries.

Shocks Experienced by MKD and Correlation with Other Currencies

The MKD has faced several financial shocks, primarily influenced by global economic events. For example, during the global financial crisis in 2008, the Denar experienced depreciation as capital flows in emerging markets declined. The MKD exchange rate has also witnessed correlation with the Euro, given the close economic ties between Macedonia and the European Union. Changes in the Euro exchange rate often impact the value of the Denar.