Currencies.Zone

Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)

Convert Australian dollar

1 MKD = 0.029 AUD

1 AUD = 34.589 MKD

Convert Argentine peso

1 MKD = 27.986 ARS

1 ARS = 0.036 MKD

Convert Burundian Franc

1 MKD = 55.462 BIF

1 BIF = 0.018 MKD

Convert Bahraini dinar

1 MKD = 0.007 BHD

1 BHD = 141.162 MKD

Convert Bolivian boliviano

1 MKD = 0.130 BOB

1 BOB = 7.688 MKD

Convert Azerbaijani manat

1 MKD = 0.032 AZN

1 AZN = 31.222 MKD

Convert Bhutanese ngultrum

1 MKD = 1.654 BTN

1 BTN = 0.604 MKD

Convert Costa Rican colón

1 MKD = 9.462 CRC

1 CRC = 0.106 MKD

Convert Czech koruna

1 MKD = 0.395 CZK

1 CZK = 2.534 MKD

Convert Chinese Yuan Renminbi

1 MKD = 0.134 CNY

1 CNY = 7.452 MKD

Convert Danish Krone

1 MKD = 0.121 DKK

1 DKK = 8.251 MKD

Convert Ethiopian birr

1 MKD = 2.842 ETB

1 ETB = 0.352 MKD

Convert Guinean franc

1 MKD = 163.469 GNF

1 GNF = 0.006 MKD

Convert Croatian kuna

1 MKD = 0.122 HRK

1 HRK = 8.180 MKD

Convert Indonesian Rupiah

1 MKD = 312.849 IDR

1 IDR = 0.003 MKD

Convert Jamaican Dollar

1 MKD = 3.022 JMD

1 JMD = 0.331 MKD

Convert Kyrgyzstani som

1 MKD = 1.648 KGS

1 KGS = 0.607 MKD

Convert Convertible Mark

1 MKD = 0.032 BAM

1 BAM = 31.513 MKD

Convert Netherlands Antillean guilder

1 MKD = 0.034 ANG

1 ANG = 29.486 MKD

Convert Botswana pula

1 MKD = 0.265 BWP

1 BWP = 3.771 MKD

Convert Brunei dollar

1 MKD = 0.024 BND

1 BND = 40.872 MKD

Convert Congolese franc

1 MKD = 42.930 CDF

1 CDF = 0.023 MKD

Convert Belize dollar

1 MKD = 0.038 BZD

1 BZD = 26.383 MKD

Convert Belarusian Ruble

1 MKD = 641.481 BYR

1 BYR = 0.002 MKD

Convert Bulgarian lev

1 MKD = 0.032 BGN

1 BGN = 31.513 MKD

Convert Canadian dollar

1 MKD = 0.026 CAD

1 CAD = 37.928 MKD

Convert Algerian dinar

1 MKD = 2.458 DZD

1 DZD = 0.407 MKD

Convert Eritrean nakfa

1 MKD = 0.283 ERN

1 ERN = 3.538 MKD

Convert Egyptian Pound

1 MKD = 0.896 EGP

1 EGP = 1.116 MKD

Convert Fijian Dollar

1 MKD = 0.043 FJD

1 FJD = 23.088 MKD

Convert Pound sterling

1 MKD = 0.014 GBP

1 GBP = 70.685 MKD

Convert Falkland Islands pound

1 MKD = 0.014 FKP

1 FKP = 70.685 MKD

Convert Guatemalan quetzal

1 MKD = 0.144 GTQ

1 GTQ = 6.932 MKD

Convert Hong Kong dollar

1 MKD = 0.146 HKD

1 HKD = 6.830 MKD

Convert Hungarian forint

1 MKD = 6.339 HUF

1 HUF = 0.158 MKD

Convert Iraqi dinar

1 MKD = 24.711 IQD

1 IQD = 0.040 MKD

Convert Iranian Rial

1 MKD = 791.957 IRR

1 IRR = 0.001 MKD

Convert Comorian Franc

1 MKD = 7.982 KMF

1 KMF = 0.125 MKD

Convert South Korean Won

1 MKD = 27.080 KRW

1 KRW = 0.037 MKD

Convert Albanian lek

1 MKD = 1.568 ALL

1 ALL = 0.638 MKD

Convert Bangladeshi Taka

1 MKD = 2.304 BDT

1 BDT = 0.434 MKD

Convert Aruban florin

1 MKD = 0.034 AWG

1 AWG = 29.652 MKD

Convert Brazilian Real

1 MKD = 0.101 BRL

1 BRL = 9.863 MKD

Convert Bitcoin Cash

1 MKD = 0.000 BCH

1 BCH = 2585.339 MKD

Convert Bitcoin

1 MKD = 0.000 BTC

1 BTC = 5897444.444 MKD

Convert Arab Emirates Dirham

1 MKD = 0.069 AED

1 AED = 14.453 MKD

Convert Angolan kwanza

1 MKD = 17.237 AOA

1 AOA = 0.058 MKD

Convert Bahamian dollar

1 MKD = 0.019 BSD

1 BSD = 53.077 MKD

Convert Chilean Peso

1 MKD = 17.833 CLP

1 CLP = 0.056 MKD

Convert Belarusian ruble

1 MKD = 0.064 BYN

1 BYN = 15.589 MKD

Convert Colombian Peso

1 MKD = 73.111 COP

1 COP = 0.014 MKD

Convert Cuban peso

1 MKD = 0.452 CUP

1 CUP = 2.214 MKD

Convert Ethereum

1 MKD = 0.000 ETH

1 ETH = 208145.098 MKD

Convert Euro

1 MKD = 0.016 EUR

1 EUR = 61.633 MKD

Convert Honduran lempira

1 MKD = 0.495 HNL

1 HNL = 2.020 MKD

Convert Gambian dalasi

1 MKD = 1.376 GMD

1 GMD = 0.727 MKD

Convert Gibraltar pound

1 MKD = 0.014 GIP

1 GIP = 70.685 MKD

Convert Haitian gourde

1 MKD = 2.466 HTG

1 HTG = 0.406 MKD

Convert Jordanian dinar

1 MKD = 0.013 JOD

1 JOD = 74.862 MKD

Convert Japanese Yen

1 MKD = 2.875 JPY

1 JPY = 0.348 MKD

Convert Afghan afghani

1 MKD = 1.251 AFN

1 AFN = 0.800 MKD

Convert Barbadian dollar

1 MKD = 0.038 BBD

1 BBD = 26.539 MKD

Convert Bermudian dollar

1 MKD = 0.019 BMD

1 BMD = 53.077 MKD

Convert Armenian dram

1 MKD = 7.186 AMD

1 AMD = 0.139 MKD

Convert Swiss franc

1 MKD = 0.015 CHF

1 CHF = 66.714 MKD

Convert Djiboutian franc

1 MKD = 3.354 DJF

1 DJF = 0.298 MKD

Convert Dominican Peso

1 MKD = 1.202 DOP

1 DOP = 0.832 MKD

Convert Cape Verdean escudo

1 MKD = 1.789 CVE

1 CVE = 0.559 MKD

Convert Georgian Lari

1 MKD = 0.051 GEL

1 GEL = 19.494 MKD

Convert Ghana Cedi

1 MKD = 0.203 GHS

1 GHS = 4.915 MKD

Convert Guyanese dollar

1 MKD = 3.938 GYD

1 GYD = 0.254 MKD

Convert Israeli Sheqel

1 MKD = 0.062 ILS

1 ILS = 16.131 MKD

Convert Indian Rupee

1 MKD = 1.654 INR

1 INR = 0.604 MKD

Convert Icelandic Krona

1 MKD = 2.307 ISK

1 ISK = 0.433 MKD

Convert Cambodian Riel

1 MKD = 76.037 KHR

1 KHR = 0.013 MKD

Convert Kenyan shilling

1 MKD = 2.432 KES

1 KES = 0.411 MKD

Convert Kuwaiti Dinar

1 MKD = 0.006 KWD

1 KWD = 173.109 MKD

Convert Kazakhstani tenge

1 MKD = 10.127 KZT

1 KZT = 0.099 MKD

Convert Sri Lankan rupee

1 MKD = 5.709 LKR

1 LKR = 0.175 MKD

Convert Moroccan dirham

1 MKD = 0.174 MAD

1 MAD = 5.747 MKD

Convert Burmese kyat

1 MKD = 39.558 MMK

1 MMK = 0.025 MKD

Convert Mongolian Tugrik

1 MKD = 67.738 MNT

1 MNT = 0.015 MKD

Convert Mauritian Rupee

1 MKD = 0.858 MUR

1 MUR = 1.166 MKD

Convert Mauritanian ouguiya

1 MKD = 7.545 MRO

1 MRO = 0.133 MKD

Convert Maldivian rufiyaa

1 MKD = 0.290 MVR

1 MVR = 3.445 MKD

Convert Malawian kwacha

1 MKD = 32.697 MWK

1 MWK = 0.031 MKD

Convert New Zealand Dollar

1 MKD = 0.033 NZD

1 NZD = 30.541 MKD

Convert Nepalese rupee

1 MKD = 2.648 NPR

1 NPR = 0.378 MKD

Convert Philippine peso

1 MKD = 1.104 PHP

1 PHP = 0.905 MKD

Convert Pakistani rupee

1 MKD = 5.323 PKR

1 PKR = 0.188 MKD

Convert Rwandan franc

1 MKD = 27.310 RWF

1 RWF = 0.037 MKD

Convert Litecoin

1 MKD = 0.000 LTC

1 LTC = 5026.707 MKD

Convert Mexican peso

1 MKD = 0.347 MXN

1 MXN = 2.885 MKD

Convert Nicaraguan córdoba

1 MKD = 0.693 NIO

1 NIO = 1.444 MKD

Convert Romanian leu

1 MKD = 0.082 RON

1 RON = 12.123 MKD

Convert North Korean won

1 MKD = 16.956 KPW

1 KPW = 0.059 MKD

Convert Cayman Islands dollar

1 MKD = 0.016 KYD

1 KYD = 63.855 MKD

Convert Lebanese pound

1 MKD = 1688.549 LBP

1 LBP = 0.001 MKD

Convert Libyan dinar

1 MKD = 0.102 LYD

1 LYD = 9.757 MKD

Convert Lao kip

1 MKD = 408.467 LAK

1 LAK = 0.002 MKD

Convert Malagasy Ariary

1 MKD = 84.316 MGA

1 MGA = 0.012 MKD

Convert Liberian dollar

1 MKD = 3.445 LRD

1 LRD = 0.290 MKD

Convert Macedonian Denar

1 MKD = 1.000 MKD

1 MKD = 1.000 MKD

Convert Lesotho loti

1 MKD = 0.326 LSL

1 LSL = 3.066 MKD

Convert Macanese pataca

1 MKD = 0.151 MOP

1 MOP = 6.631 MKD

Convert Moldovan Leu

1 MKD = 0.320 MDL

1 MDL = 3.129 MKD

Convert Namibian dollar

1 MKD = 0.326 NAD

1 NAD = 3.066 MKD

Convert Malaysian ringgit

1 MKD = 0.080 MYR

1 MYR = 12.551 MKD

Convert Omani rial

1 MKD = 0.007 OMR

1 OMR = 137.923 MKD

Convert Nigerian Naira

1 MKD = 27.541 NGN

1 NGN = 0.036 MKD

Convert Papua New Guinean Kina

1 MKD = 0.079 PGK

1 PGK = 12.629 MKD

Convert Panamanian Balboa

1 MKD = 0.019 PAB

1 PAB = 53.077 MKD

Convert Peruvian sol

1 MKD = 0.064 PEN

1 PEN = 15.643 MKD

Convert Norwegian krone

1 MKD = 0.188 NOK

1 NOK = 5.317 MKD

Convert Polish Zloty

1 MKD = 0.069 PLN

1 PLN = 14.573 MKD

Convert Paraguayan Guaraní

1 MKD = 133.217 PYG

1 PYG = 0.008 MKD

Convert Qatari Rial

1 MKD = 0.069 QAR

1 QAR = 14.582 MKD

Convert Solomon Islands Dollar

1 MKD = 0.160 SBD

1 SBD = 6.264 MKD

Convert Saudi riyal

1 MKD = 0.071 SAR

1 SAR = 14.154 MKD

Convert Singapore dollar

1 MKD = 0.024 SGD

1 SGD = 40.872 MKD

Convert Sierra Leonean leone

1 MKD = 435.426 SLL

1 SLL = 0.002 MKD

Convert Thai baht

1 MKD = 0.618 THB

1 THB = 1.619 MKD

Convert Taiwan dollar

1 MKD = 0.580 TWD

1 TWD = 1.725 MKD

Convert Ukrainian hryvnia

1 MKD = 0.789 UAH

1 UAH = 1.267 MKD

Convert Ugandan Shilling

1 MKD = 65.747 UGX

1 UGX = 0.015 MKD

Convert Surinamese dollar

1 MKD = 0.749 SRD

1 SRD = 1.335 MKD

Convert São Tomé and Príncipe dobra

1 MKD = 400.443 STD

1 STD = 0.002 MKD

Convert Turkish Lira

1 MKD = 0.791 TRY

1 TRY = 1.264 MKD

Convert Trinidad & Tobago Dollar

1 MKD = 0.128 TTD

1 TTD = 7.825 MKD

Convert Tongan paʻanga

1 MKD = 0.045 TOP

1 TOP = 22.098 MKD

Convert Uzbekistani som

1 MKD = 228.069 UZS

1 UZS = 0.004 MKD

Convert Yemeni Rial

1 MKD = 4.502 YER

1 YER = 0.222 MKD

Convert South African rand

1 MKD = 0.326 ZAR

1 ZAR = 3.066 MKD

Convert Serbian Dinar

1 MKD = 1.902 RSD

1 RSD = 0.526 MKD

Convert Russian ruble

1 MKD = 1.531 RUB

1 RUB = 0.653 MKD

Convert Somali shilling

1 MKD = 10.717 SOS

1 SOS = 0.093 MKD

Convert Salvadoran Colón

1 MKD = 0.165 SVC

1 SVC = 6.066 MKD

Convert Syrian Pound

1 MKD = 208.318 SYP

1 SYP = 0.005 MKD

Convert Swazi lilangeni

1 MKD = 0.326 SZL

1 SZL = 3.066 MKD

Convert Tunisian dinar

1 MKD = 0.055 TND

1 TND = 18.070 MKD

Convert Uruguayan peso

1 MKD = 0.749 UYU

1 UYU = 1.335 MKD

Convert Vietnamese dong

1 MKD = 496.081 VND

1 VND = 0.002 MKD

Convert Vanuatu vatu

1 MKD = 2.298 VUV

1 VUV = 0.435 MKD

Convert Samoan Tala

1 MKD = 0.053 WST

1 WST = 18.911 MKD

Convert CFA franc

1 MKD = 10.643 XAF

1 XAF = 0.094 MKD

Convert East Caribbean dollar

1 MKD = 0.051 XCD

1 XCD = 19.604 MKD

Convert Seychellois Rupee

1 MKD = 0.265 SCR

1 SCR = 3.770 MKD

Convert Swedish krona

1 MKD = 0.177 SEK

1 SEK = 5.646 MKD

Convert Saint Helena pound

1 MKD = 0.014 SHP

1 SHP = 70.685 MKD

Convert Tanzanian Shilling

1 MKD = 46.833 TZS

1 TZS = 0.021 MKD

Convert United States dollar

1 MKD = 0.019 USD

1 USD = 53.077 MKD

Convert CFP franc

1 MKD = 1.936 XPF

1 XPF = 0.516 MKD

Convert West African CFA franc

1 MKD = 10.643 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.