Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)
1 MKD = 0.029 AUD
1 AUD = 34.416 MKD
1 MKD = 24.919 ARS
1 ARS = 0.040 MKD
1 MKD = 56.219 BIF
1 BIF = 0.018 MKD
1 MKD = 0.007 BHD
1 BHD = 140.985 MKD
1 MKD = 0.130 BOB
1 BOB = 7.672 MKD
1 MKD = 0.032 AZN
1 AZN = 31.183 MKD
1 MKD = 1.648 BTN
1 BTN = 0.607 MKD
1 MKD = 9.504 CRC
1 CRC = 0.105 MKD
1 MKD = 0.395 CZK
1 CZK = 2.533 MKD
1 MKD = 0.135 CNY
1 CNY = 7.397 MKD
1 MKD = 0.120 DKK
1 DKK = 8.325 MKD
1 MKD = 2.674 ETB
1 ETB = 0.374 MKD
1 MKD = 163.565 GNF
1 GNF = 0.006 MKD
1 MKD = 0.132 HRK
1 HRK = 7.551 MKD
1 MKD = 306.739 IDR
1 IDR = 0.003 MKD
1 MKD = 3.024 JMD
1 JMD = 0.331 MKD
1 MKD = 1.650 KGS
1 KGS = 0.606 MKD
1 MKD = 0.031 BAM
1 BAM = 31.773 MKD
1 MKD = 0.034 ANG
1 ANG = 29.433 MKD
1 MKD = 0.267 BWP
1 BWP = 3.749 MKD
1 MKD = 0.024 BND
1 BND = 41.370 MKD
1 MKD = 54.684 CDF
1 CDF = 0.018 MKD
1 MKD = 0.038 BZD
1 BZD = 26.359 MKD
1 MKD = 636.644 BYR
1 BYR = 0.002 MKD
1 MKD = 0.031 BGN
1 BGN = 31.773 MKD
1 MKD = 0.026 CAD
1 CAD = 38.337 MKD
1 MKD = 2.448 DZD
1 DZD = 0.408 MKD
1 MKD = 0.283 ERN
1 ERN = 3.534 MKD
1 MKD = 0.915 EGP
1 EGP = 1.093 MKD
1 MKD = 0.043 FJD
1 FJD = 23.436 MKD
1 MKD = 0.014 GBP
1 GBP = 71.711 MKD
1 MKD = 0.014 FKP
1 FKP = 71.711 MKD
1 MKD = 0.145 GTQ
1 GTQ = 6.915 MKD
1 MKD = 0.147 HKD
1 HKD = 6.784 MKD
1 MKD = 6.377 HUF
1 HUF = 0.157 MKD
1 MKD = 24.708 IQD
1 IQD = 0.040 MKD
1 MKD = 793.370 IRR
1 IRR = 0.001 MKD
1 MKD = 7.917 KMF
1 KMF = 0.126 MKD
1 MKD = 26.112 KRW
1 KRW = 0.038 MKD
1 MKD = 1.569 ALL
1 ALL = 0.637 MKD
1 MKD = 2.293 BDT
1 BDT = 0.436 MKD
1 MKD = 0.034 AWG
1 AWG = 29.615 MKD
1 MKD = 0.102 BRL
1 BRL = 9.776 MKD
1 MKD = 0.000 BCH
1 BCH = 31441.459 MKD
1 MKD = 0.000 BTC
1 BTC = 5890033.333 MKD
1 MKD = 0.069 AED
1 AED = 14.434 MKD
1 MKD = 17.265 AOA
1 AOA = 0.058 MKD
1 MKD = 0.019 BSD
1 BSD = 53.010 MKD
1 MKD = 18.108 CLP
1 CLP = 0.055 MKD
1 MKD = 0.064 BYN
1 BYN = 15.708 MKD
1 MKD = 75.723 COP
1 COP = 0.013 MKD
1 MKD = 0.453 CUP
1 CUP = 2.209 MKD
1 MKD = 0.000 ETH
1 ETH = 253637.799 MKD
1 MKD = 0.016 EUR
1 EUR = 62.142 MKD
1 MKD = 0.494 HNL
1 HNL = 2.025 MKD
1 MKD = 1.370 GMD
1 GMD = 0.730 MKD
1 MKD = 0.014 GIP
1 GIP = 71.711 MKD
1 MKD = 2.469 HTG
1 HTG = 0.405 MKD
1 MKD = 0.013 JOD
1 JOD = 74.768 MKD
1 MKD = 2.772 JPY
1 JPY = 0.361 MKD
1 MKD = 1.291 AFN
1 AFN = 0.775 MKD
1 MKD = 0.038 BBD
1 BBD = 26.505 MKD
1 MKD = 0.019 BMD
1 BMD = 53.010 MKD
1 MKD = 7.224 AMD
1 AMD = 0.138 MKD
1 MKD = 0.015 CHF
1 CHF = 66.145 MKD
1 MKD = 3.358 DJF
1 DJF = 0.298 MKD
1 MKD = 1.177 DOP
1 DOP = 0.849 MKD
1 MKD = 1.774 CVE
1 CVE = 0.564 MKD
1 MKD = 0.051 GEL
1 GEL = 19.644 MKD
1 MKD = 0.207 GHS
1 GHS = 4.820 MKD
1 MKD = 3.946 GYD
1 GYD = 0.253 MKD
1 MKD = 0.064 ILS
1 ILS = 15.728 MKD
1 MKD = 1.648 INR
1 INR = 0.607 MKD
1 MKD = 2.308 ISK
1 ISK = 0.433 MKD
1 MKD = 75.552 KHR
1 KHR = 0.013 MKD
1 MKD = 2.437 KES
1 KES = 0.410 MKD
1 MKD = 0.006 KWD
1 KWD = 173.604 MKD
1 MKD = 10.141 KZT
1 KZT = 0.099 MKD
1 MKD = 5.691 LKR
1 LKR = 0.176 MKD
1 MKD = 0.170 MAD
1 MAD = 5.889 MKD
1 MKD = 39.600 MMK
1 MMK = 0.025 MKD
1 MKD = 67.854 MNT
1 MNT = 0.015 MKD
1 MKD = 0.868 MUR
1 MUR = 1.152 MKD
1 MKD = 7.536 MRO
1 MRO = 0.133 MKD
1 MKD = 0.291 MVR
1 MVR = 3.433 MKD
1 MKD = 32.711 MWK
1 MWK = 0.031 MKD
1 MKD = 0.032 NZD
1 NZD = 31.107 MKD
1 MKD = 2.638 NPR
1 NPR = 0.379 MKD
1 MKD = 1.066 PHP
1 PHP = 0.938 MKD
1 MKD = 5.345 PKR
1 PKR = 0.187 MKD
1 MKD = 27.295 RWF
1 RWF = 0.037 MKD
1 MKD = 0.000 LTC
1 LTC = 6458.370 MKD
1 MKD = 0.351 MXN
1 MXN = 2.852 MKD
1 MKD = 0.694 NIO
1 NIO = 1.441 MKD
1 MKD = 0.081 RON
1 RON = 12.298 MKD
1 MKD = 16.977 KPW
1 KPW = 0.059 MKD
1 MKD = 0.016 KYD
1 KYD = 63.744 MKD
1 MKD = 1696.880 LBP
1 LBP = 0.001 MKD
1 MKD = 0.102 LYD
1 LYD = 9.773 MKD
1 MKD = 408.092 LAK
1 LAK = 0.002 MKD
1 MKD = 83.430 MGA
1 MGA = 0.012 MKD
1 MKD = 3.784 LRD
1 LRD = 0.264 MKD
1 MKD = 1.000 MKD
1 MKD = 1.000 MKD
1 MKD = 0.329 LSL
1 LSL = 3.038 MKD
1 MKD = 0.152 MOP
1 MOP = 6.586 MKD
1 MKD = 0.317 MDL
1 MDL = 3.153 MKD
1 MKD = 0.329 NAD
1 NAD = 3.038 MKD
1 MKD = 0.080 MYR
1 MYR = 12.539 MKD
1 MKD = 0.007 OMR
1 OMR = 137.768 MKD
1 MKD = 28.966 NGN
1 NGN = 0.035 MKD
1 MKD = 0.080 PGK
1 PGK = 12.548 MKD
1 MKD = 0.019 PAB
1 PAB = 53.010 MKD
1 MKD = 0.066 PEN
1 PEN = 15.125 MKD
1 MKD = 0.190 NOK
1 NOK = 5.273 MKD
1 MKD = 0.069 PLN
1 PLN = 14.572 MKD
1 MKD = 136.699 PYG
1 PYG = 0.007 MKD
1 MKD = 0.069 QAR
1 QAR = 14.563 MKD
1 MKD = 0.160 SBD
1 SBD = 6.244 MKD
1 MKD = 0.071 SAR
1 SAR = 14.136 MKD
1 MKD = 0.024 SGD
1 SGD = 41.370 MKD
1 MKD = 428.188 SLL
1 SLL = 0.002 MKD
1 MKD = 0.611 THB
1 THB = 1.636 MKD
1 MKD = 0.574 TWD
1 TWD = 1.743 MKD
1 MKD = 0.780 UAH
1 UAH = 1.282 MKD
1 MKD = 67.204 UGX
1 UGX = 0.015 MKD
1 MKD = 0.712 SRD
1 SRD = 1.405 MKD
1 MKD = 397.996 STD
1 STD = 0.003 MKD
1 MKD = 0.772 TRY
1 TRY = 1.295 MKD
1 MKD = 0.128 TTD
1 TTD = 7.808 MKD
1 MKD = 0.045 TOP
1 TOP = 22.031 MKD
1 MKD = 234.128 UZS
1 UZS = 0.004 MKD
1 MKD = 4.531 YER
1 YER = 0.221 MKD
1 MKD = 0.329 ZAR
1 ZAR = 3.038 MKD
1 MKD = 1.885 RSD
1 RSD = 0.530 MKD
1 MKD = 1.520 RUB
1 RUB = 0.658 MKD
1 MKD = 10.768 SOS
1 SOS = 0.093 MKD
1 MKD = 0.165 SVC
1 SVC = 6.058 MKD
1 MKD = 245.269 SYP
1 SYP = 0.004 MKD
1 MKD = 0.329 SZL
1 SZL = 3.038 MKD
1 MKD = 0.055 TND
1 TND = 18.208 MKD
1 MKD = 0.756 UYU
1 UYU = 1.323 MKD
1 MKD = 497.326 VND
1 VND = 0.002 MKD
1 MKD = 2.264 VUV
1 VUV = 0.442 MKD
1 MKD = 0.051 WST
1 WST = 19.518 MKD
1 MKD = 10.556 XAF
1 XAF = 0.095 MKD
1 MKD = 0.051 XCD
1 XCD = 19.583 MKD
1 MKD = 0.280 SCR
1 SCR = 3.572 MKD
1 MKD = 0.179 SEK
1 SEK = 5.585 MKD
1 MKD = 0.014 SHP
1 SHP = 71.711 MKD
1 MKD = 47.084 TZS
1 TZS = 0.021 MKD
1 MKD = 0.019 USD
1 USD = 53.010 MKD
1 MKD = 1.920 XPF
1 XPF = 0.521 MKD
1 MKD = 10.556 XOF
1 XOF = 0.095 MKD

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.