Currencies.Zone

Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)

Convert Australian dollar

1 MKD = 0.028 AUD

1 AUD = 35.655 MKD

Convert Argentine peso

1 MKD = 18.851 ARS

1 ARS = 0.053 MKD

Convert Burundian Franc

1 MKD = 52.462 BIF

1 BIF = 0.019 MKD

Convert Bahraini dinar

1 MKD = 0.007 BHD

1 BHD = 149.999 MKD

Convert Bolivian boliviano

1 MKD = 0.122 BOB

1 BOB = 8.173 MKD

Convert Azerbaijani manat

1 MKD = 0.030 AZN

1 AZN = 33.260 MKD

Convert Bhutanese ngultrum

1 MKD = 1.544 BTN

1 BTN = 0.648 MKD

Convert Costa Rican colón

1 MKD = 8.854 CRC

1 CRC = 0.113 MKD

Convert Czech koruna

1 MKD = 0.407 CZK

1 CZK = 2.459 MKD

Convert Chinese Yuan Renminbi

1 MKD = 0.128 CNY

1 CNY = 7.809 MKD

Convert Danish Krone

1 MKD = 0.121 DKK

1 DKK = 8.251 MKD

Convert Ethiopian birr

1 MKD = 2.322 ETB

1 ETB = 0.431 MKD

Convert Guinean franc

1 MKD = 153.095 GNF

1 GNF = 0.007 MKD

Convert Croatian kuna

1 MKD = 0.122 HRK

1 HRK = 8.167 MKD

Convert Indonesian Rupiah

1 MKD = 290.377 IDR

1 IDR = 0.003 MKD

Convert Jamaican Dollar

1 MKD = 2.782 JMD

1 JMD = 0.359 MKD

Convert Kyrgyzstani som

1 MKD = 1.547 KGS

1 KGS = 0.647 MKD

Convert Convertible Mark

1 MKD = 0.032 BAM

1 BAM = 31.480 MKD

Convert Netherlands Antillean guilder

1 MKD = 0.032 ANG

1 ANG = 31.339 MKD

Convert Botswana pula

1 MKD = 0.243 BWP

1 BWP = 4.120 MKD

Convert Brunei dollar

1 MKD = 0.024 BND

1 BND = 42.331 MKD

Convert Congolese franc

1 MKD = 50.708 CDF

1 CDF = 0.020 MKD

Convert Belize dollar

1 MKD = 0.036 BZD

1 BZD = 28.118 MKD

Convert Belarusian Ruble

1 MKD = 578.331 BYR

1 BYR = 0.002 MKD

Convert Bulgarian lev

1 MKD = 0.032 BGN

1 BGN = 31.482 MKD

Convert Canadian dollar

1 MKD = 0.025 CAD

1 CAD = 39.279 MKD

Convert Algerian dinar

1 MKD = 2.356 DZD

1 DZD = 0.424 MKD

Convert Eritrean nakfa

1 MKD = 0.265 ERN

1 ERN = 3.769 MKD

Convert Egyptian Pound

1 MKD = 0.896 EGP

1 EGP = 1.116 MKD

Convert Fijian Dollar

1 MKD = 0.041 FJD

1 FJD = 24.646 MKD

Convert Pound sterling

1 MKD = 0.014 GBP

1 GBP = 73.270 MKD

Convert Falkland Islands pound

1 MKD = 0.014 FKP

1 FKP = 73.270 MKD

Convert Guatemalan quetzal

1 MKD = 0.137 GTQ

1 GTQ = 7.325 MKD

Convert Hong Kong dollar

1 MKD = 0.137 HKD

1 HKD = 7.275 MKD

Convert Hungarian forint

1 MKD = 6.486 HUF

1 HUF = 0.154 MKD

Convert Iraqi dinar

1 MKD = 23.194 IQD

1 IQD = 0.043 MKD

Convert Iranian Rial

1 MKD = 744.579 IRR

1 IRR = 0.001 MKD

Convert Comorian Franc

1 MKD = 7.991 KMF

1 KMF = 0.125 MKD

Convert South Korean Won

1 MKD = 25.708 KRW

1 KRW = 0.039 MKD

Convert Albanian lek

1 MKD = 1.618 ALL

1 ALL = 0.618 MKD

Convert Bangladeshi Taka

1 MKD = 2.151 BDT

1 BDT = 0.465 MKD

Convert Aruban florin

1 MKD = 0.032 AWG

1 AWG = 31.412 MKD

Convert Brazilian Real

1 MKD = 0.103 BRL

1 BRL = 9.750 MKD

Convert Bitcoin Cash

1 MKD = 0.000 BCH

1 BCH = 19095.576 MKD

Convert Bitcoin

1 MKD = 0.000 BTC

1 BTC = 4711833.333 MKD

Convert Arab Emirates Dirham

1 MKD = 0.065 AED

1 AED = 15.395 MKD

Convert Angolan kwanza

1 MKD = 16.159 AOA

1 AOA = 0.062 MKD

Convert Bahamian dollar

1 MKD = 0.018 BSD

1 BSD = 56.542 MKD

Convert Chilean Peso

1 MKD = 16.609 CLP

1 CLP = 0.060 MKD

Convert Belarusian ruble

1 MKD = 0.058 BYN

1 BYN = 17.258 MKD

Convert Colombian Peso

1 MKD = 73.169 COP

1 COP = 0.014 MKD

Convert Cuban peso

1 MKD = 0.455 CUP

1 CUP = 2.196 MKD

Convert Ethereum

1 MKD = 0.000 ETH

1 ETH = 105685.981 MKD

Convert Euro

1 MKD = 0.016 EUR

1 EUR = 61.546 MKD

Convert Honduran lempira

1 MKD = 0.453 HNL

1 HNL = 2.208 MKD

Convert Gambian dalasi

1 MKD = 1.273 GMD

1 GMD = 0.785 MKD

Convert Gibraltar pound

1 MKD = 0.014 GIP

1 GIP = 73.270 MKD

Convert Haitian gourde

1 MKD = 2.322 HTG

1 HTG = 0.431 MKD

Convert Jordanian dinar

1 MKD = 0.013 JOD

1 JOD = 79.715 MKD

Convert Japanese Yen

1 MKD = 2.613 JPY

1 JPY = 0.383 MKD

Convert Afghan afghani

1 MKD = 1.253 AFN

1 AFN = 0.798 MKD

Convert Barbadian dollar

1 MKD = 0.035 BBD

1 BBD = 28.271 MKD

Convert Bermudian dollar

1 MKD = 0.018 BMD

1 BMD = 56.542 MKD

Convert Armenian dram

1 MKD = 6.950 AMD

1 AMD = 0.144 MKD

Convert Swiss franc

1 MKD = 0.016 CHF

1 CHF = 64.138 MKD

Convert Djiboutian franc

1 MKD = 3.153 DJF

1 DJF = 0.317 MKD

Convert Dominican Peso

1 MKD = 1.110 DOP

1 DOP = 0.901 MKD

Convert Cape Verdean escudo

1 MKD = 1.791 CVE

1 CVE = 0.558 MKD

Convert Georgian Lari

1 MKD = 0.049 GEL

1 GEL = 20.375 MKD

Convert Ghana Cedi

1 MKD = 0.274 GHS

1 GHS = 3.644 MKD

Convert Guyanese dollar

1 MKD = 3.704 GYD

1 GYD = 0.270 MKD

Convert Israeli Sheqel

1 MKD = 0.064 ILS

1 ILS = 15.535 MKD

Convert Indian Rupee

1 MKD = 1.540 INR

1 INR = 0.649 MKD

Convert Icelandic Krona

1 MKD = 2.380 ISK

1 ISK = 0.420 MKD

Convert Cambodian Riel

1 MKD = 70.961 KHR

1 KHR = 0.014 MKD

Convert Kenyan shilling

1 MKD = 2.288 KES

1 KES = 0.437 MKD

Convert Kuwaiti Dinar

1 MKD = 0.005 KWD

1 KWD = 183.560 MKD

Convert Kazakhstani tenge

1 MKD = 8.703 KZT

1 KZT = 0.115 MKD

Convert Sri Lankan rupee

1 MKD = 5.230 LKR

1 LKR = 0.191 MKD

Convert Moroccan dirham

1 MKD = 0.172 MAD

1 MAD = 5.831 MKD

Convert Burmese kyat

1 MKD = 37.105 MMK

1 MMK = 0.027 MKD

Convert Mongolian Tugrik

1 MKD = 60.097 MNT

1 MNT = 0.017 MKD

Convert Mauritian Rupee

1 MKD = 0.797 MUR

1 MUR = 1.255 MKD

Convert Mauritanian ouguiya

1 MKD = 7.053 MRO

1 MRO = 0.142 MKD

Convert Maldivian rufiyaa

1 MKD = 0.273 MVR

1 MVR = 3.669 MKD

Convert Malawian kwacha

1 MKD = 30.701 MWK

1 MWK = 0.033 MKD

Convert New Zealand Dollar

1 MKD = 0.031 NZD

1 NZD = 32.360 MKD

Convert Nepalese rupee

1 MKD = 2.471 NPR

1 NPR = 0.405 MKD

Convert Philippine peso

1 MKD = 1.013 PHP

1 PHP = 0.987 MKD

Convert Pakistani rupee

1 MKD = 4.958 PKR

1 PKR = 0.202 MKD

Convert Rwandan franc

1 MKD = 25.204 RWF

1 RWF = 0.040 MKD

Convert Litecoin

1 MKD = 0.000 LTC

1 LTC = 5045.240 MKD

Convert Mexican peso

1 MKD = 0.357 MXN

1 MXN = 2.800 MKD

Convert Nicaraguan córdoba

1 MKD = 0.652 NIO

1 NIO = 1.535 MKD

Convert Romanian leu

1 MKD = 0.081 RON

1 RON = 12.365 MKD

Convert North Korean won

1 MKD = 15.917 KPW

1 KPW = 0.063 MKD

Convert Cayman Islands dollar

1 MKD = 0.015 KYD

1 KYD = 67.777 MKD

Convert Lebanese pound

1 MKD = 1586.651 LBP

1 LBP = 0.001 MKD

Convert Libyan dinar

1 MKD = 0.085 LYD

1 LYD = 11.734 MKD

Convert Lao kip

1 MKD = 383.358 LAK

1 LAK = 0.003 MKD

Convert Malagasy Ariary

1 MKD = 82.526 MGA

1 MGA = 0.012 MKD

Convert Liberian dollar

1 MKD = 3.541 LRD

1 LRD = 0.282 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 = 0.142 MOP

1 MOP = 7.058 MKD

Convert Moldovan Leu

1 MKD = 0.315 MDL

1 MDL = 3.171 MKD

Convert Namibian dollar

1 MKD = 0.326 NAD

1 NAD = 3.066 MKD

Convert Malaysian ringgit

1 MKD = 0.078 MYR

1 MYR = 12.758 MKD

Convert Omani rial

1 MKD = 0.007 OMR

1 OMR = 146.859 MKD

Convert Nigerian Naira

1 MKD = 27.167 NGN

1 NGN = 0.037 MKD

Convert Papua New Guinean Kina

1 MKD = 0.071 PGK

1 PGK = 14.031 MKD

Convert Panamanian Balboa

1 MKD = 0.018 PAB

1 PAB = 56.542 MKD

Convert Peruvian sol

1 MKD = 0.065 PEN

1 PEN = 15.417 MKD

Convert Norwegian krone

1 MKD = 0.188 NOK

1 NOK = 5.317 MKD

Convert Polish Zloty

1 MKD = 0.068 PLN

1 PLN = 14.681 MKD

Convert Paraguayan Guaraní

1 MKD = 140.413 PYG

1 PYG = 0.007 MKD

Convert Qatari Rial

1 MKD = 0.064 QAR

1 QAR = 15.505 MKD

Convert Solomon Islands Dollar

1 MKD = 0.149 SBD

1 SBD = 6.722 MKD

Convert Saudi riyal

1 MKD = 0.066 SAR

1 SAR = 15.075 MKD

Convert Singapore dollar

1 MKD = 0.024 SGD

1 SGD = 42.430 MKD

Convert Sierra Leonean leone

1 MKD = 370.866 SLL

1 SLL = 0.003 MKD

Convert Thai baht

1 MKD = 0.598 THB

1 THB = 1.673 MKD

Convert Taiwan dollar

1 MKD = 0.583 TWD

1 TWD = 1.715 MKD

Convert Ukrainian hryvnia

1 MKD = 0.736 UAH

1 UAH = 1.359 MKD

Convert Ugandan Shilling

1 MKD = 64.920 UGX

1 UGX = 0.015 MKD

Convert Surinamese dollar

1 MKD = 0.640 SRD

1 SRD = 1.563 MKD

Convert São Tomé and Príncipe dobra

1 MKD = 394.075 STD

1 STD = 0.003 MKD

Convert Turkish Lira

1 MKD = 0.647 TRY

1 TRY = 1.545 MKD

Convert Trinidad & Tobago Dollar

1 MKD = 0.120 TTD

1 TTD = 8.321 MKD

Convert Tongan paʻanga

1 MKD = 0.043 TOP

1 TOP = 23.481 MKD

Convert Uzbekistani som

1 MKD = 228.963 UZS

1 UZS = 0.004 MKD

Convert Yemeni Rial

1 MKD = 4.364 YER

1 YER = 0.229 MKD

Convert South African rand

1 MKD = 0.325 ZAR

1 ZAR = 3.079 MKD

Convert Serbian Dinar

1 MKD = 1.902 RSD

1 RSD = 0.526 MKD

Convert Russian ruble

1 MKD = 1.541 RUB

1 RUB = 0.649 MKD

Convert Somali shilling

1 MKD = 10.119 SOS

1 SOS = 0.099 MKD

Convert Salvadoran Colón

1 MKD = 0.155 SVC

1 SVC = 6.455 MKD

Convert Syrian Pound

1 MKD = 229.953 SYP

1 SYP = 0.004 MKD

Convert Swazi lilangeni

1 MKD = 0.326 SZL

1 SZL = 3.065 MKD

Convert Tunisian dinar

1 MKD = 0.055 TND

1 TND = 18.333 MKD

Convert Uruguayan peso

1 MKD = 0.750 UYU

1 UYU = 1.333 MKD

Convert Vietnamese dong

1 MKD = 450.541 VND

1 VND = 0.002 MKD

Convert Vanuatu vatu

1 MKD = 2.100 VUV

1 VUV = 0.476 MKD

Convert Samoan Tala

1 MKD = 0.050 WST

1 WST = 20.194 MKD

Convert CFA franc

1 MKD = 10.658 XAF

1 XAF = 0.094 MKD

Convert East Caribbean dollar

1 MKD = 0.048 XCD

1 XCD = 20.921 MKD

Convert Seychellois Rupee

1 MKD = 0.260 SCR

1 SCR = 3.841 MKD

Convert Swedish krona

1 MKD = 0.178 SEK

1 SEK = 5.603 MKD

Convert Saint Helena pound

1 MKD = 0.014 SHP

1 SHP = 73.270 MKD

Convert Tanzanian Shilling

1 MKD = 46.779 TZS

1 TZS = 0.021 MKD

Convert United States dollar

1 MKD = 0.018 USD

1 USD = 56.542 MKD

Convert CFP franc

1 MKD = 1.939 XPF

1 XPF = 0.516 MKD

Convert West African CFA franc

1 MKD = 10.658 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.