Currencies.Zone

Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)

Convert Australian dollar

1 MKD = 0.027 AUD

1 AUD = 37.249 MKD

Convert Argentine peso

1 MKD = 15.028 ARS

1 ARS = 0.067 MKD

Convert Burundian Franc

1 MKD = 50.626 BIF

1 BIF = 0.020 MKD

Convert Bahraini dinar

1 MKD = 0.007 BHD

1 BHD = 149.817 MKD

Convert Bolivian boliviano

1 MKD = 0.122 BOB

1 BOB = 8.174 MKD

Convert Azerbaijani manat

1 MKD = 0.030 AZN

1 AZN = 33.217 MKD

Convert Bhutanese ngultrum

1 MKD = 1.466 BTN

1 BTN = 0.682 MKD

Convert Costa Rican colón

1 MKD = 9.056 CRC

1 CRC = 0.110 MKD

Convert Czech koruna

1 MKD = 0.410 CZK

1 CZK = 2.436 MKD

Convert Chinese Yuan Renminbi

1 MKD = 0.127 CNY

1 CNY = 7.865 MKD

Convert Danish Krone

1 MKD = 0.121 DKK

1 DKK = 8.262 MKD

Convert Ethiopian birr

1 MKD = 1.005 ETB

1 ETB = 0.995 MKD

Convert Guinean franc

1 MKD = 152.174 GNF

1 GNF = 0.007 MKD

Convert Croatian kuna

1 MKD = 0.122 HRK

1 HRK = 8.176 MKD

Convert Indonesian Rupiah

1 MKD = 275.215 IDR

1 IDR = 0.004 MKD

Convert Jamaican Dollar

1 MKD = 2.748 JMD

1 JMD = 0.364 MKD

Convert Kyrgyzstani som

1 MKD = 1.584 KGS

1 KGS = 0.631 MKD

Convert Convertible Mark

1 MKD = 0.032 BAM

1 BAM = 31.575 MKD

Convert Netherlands Antillean guilder

1 MKD = 0.032 ANG

1 ANG = 31.340 MKD

Convert Botswana pula

1 MKD = 0.240 BWP

1 BWP = 4.162 MKD

Convert Brunei dollar

1 MKD = 0.024 BND

1 BND = 42.442 MKD

Convert Congolese franc

1 MKD = 49.130 CDF

1 CDF = 0.020 MKD

Convert Belize dollar

1 MKD = 0.036 BZD

1 BZD = 28.022 MKD

Convert Belarusian Ruble

1 MKD = 578.183 BYR

1 BYR = 0.002 MKD

Convert Bulgarian lev

1 MKD = 0.032 BGN

1 BGN = 31.563 MKD

Convert Canadian dollar

1 MKD = 0.024 CAD

1 CAD = 41.804 MKD

Convert Algerian dinar

1 MKD = 2.381 DZD

1 DZD = 0.420 MKD

Convert Eritrean nakfa

1 MKD = 0.266 ERN

1 ERN = 3.765 MKD

Convert Egyptian Pound

1 MKD = 0.864 EGP

1 EGP = 1.157 MKD

Convert Fijian Dollar

1 MKD = 0.040 FJD

1 FJD = 25.292 MKD

Convert Pound sterling

1 MKD = 0.014 GBP

1 GBP = 72.062 MKD

Convert Falkland Islands pound

1 MKD = 0.014 FKP

1 FKP = 72.062 MKD

Convert Guatemalan quetzal

1 MKD = 0.138 GTQ

1 GTQ = 7.233 MKD

Convert Hong Kong dollar

1 MKD = 0.139 HKD

1 HKD = 7.217 MKD

Convert Hungarian forint

1 MKD = 6.468 HUF

1 HUF = 0.155 MKD

Convert Iraqi dinar

1 MKD = 23.193 IQD

1 IQD = 0.043 MKD

Convert Iranian Rial

1 MKD = 744.435 IRR

1 IRR = 0.001 MKD

Convert Comorian Franc

1 MKD = 7.979 KMF

1 KMF = 0.125 MKD

Convert South Korean Won

1 MKD = 23.247 KRW

1 KRW = 0.043 MKD

Convert Albanian lek

1 MKD = 1.683 ALL

1 ALL = 0.594 MKD

Convert Bangladeshi Taka

1 MKD = 1.943 BDT

1 BDT = 0.515 MKD

Convert Aruban florin

1 MKD = 0.032 AWG

1 AWG = 31.372 MKD

Convert Brazilian Real

1 MKD = 0.088 BRL

1 BRL = 11.334 MKD

Convert Bitcoin Cash

1 MKD = 0.000 BCH

1 BCH = 24152.695 MKD

Convert Bitcoin

1 MKD = 0.000 BTC

1 BTC = 4033500.000 MKD

Convert Arab Emirates Dirham

1 MKD = 0.065 AED

1 AED = 15.374 MKD

Convert Angolan kwanza

1 MKD = 14.770 AOA

1 AOA = 0.068 MKD

Convert Bahamian dollar

1 MKD = 0.018 BSD

1 BSD = 56.469 MKD

Convert Chilean Peso

1 MKD = 17.065 CLP

1 CLP = 0.059 MKD

Convert Belarusian ruble

1 MKD = 0.058 BYN

1 BYN = 17.262 MKD

Convert Colombian Peso

1 MKD = 69.289 COP

1 COP = 0.014 MKD

Convert Cuban peso

1 MKD = 0.456 CUP

1 CUP = 2.193 MKD

Convert Ethereum

1 MKD = 0.000 ETH

1 ETH = 226783.133 MKD

Convert Euro

1 MKD = 0.016 EUR

1 EUR = 61.614 MKD

Convert Honduran lempira

1 MKD = 0.437 HNL

1 HNL = 2.287 MKD

Convert Gambian dalasi

1 MKD = 1.204 GMD

1 GMD = 0.831 MKD

Convert Gibraltar pound

1 MKD = 0.014 GIP

1 GIP = 72.062 MKD

Convert Haitian gourde

1 MKD = 2.347 HTG

1 HTG = 0.426 MKD

Convert Jordanian dinar

1 MKD = 0.013 JOD

1 JOD = 79.657 MKD

Convert Japanese Yen

1 MKD = 2.617 JPY

1 JPY = 0.382 MKD

Convert Afghan afghani

1 MKD = 1.256 AFN

1 AFN = 0.796 MKD

Convert Barbadian dollar

1 MKD = 0.035 BBD

1 BBD = 28.235 MKD

Convert Bermudian dollar

1 MKD = 0.018 BMD

1 BMD = 56.469 MKD

Convert Armenian dram

1 MKD = 7.131 AMD

1 AMD = 0.140 MKD

Convert Swiss franc

1 MKD = 0.016 CHF

1 CHF = 64.253 MKD

Convert Djiboutian franc

1 MKD = 3.153 DJF

1 DJF = 0.317 MKD

Convert Dominican Peso

1 MKD = 1.046 DOP

1 DOP = 0.956 MKD

Convert Cape Verdean escudo

1 MKD = 1.785 CVE

1 CVE = 0.560 MKD

Convert Georgian Lari

1 MKD = 0.047 GEL

1 GEL = 21.269 MKD

Convert Ghana Cedi

1 MKD = 0.227 GHS

1 GHS = 4.406 MKD

Convert Guyanese dollar

1 MKD = 3.708 GYD

1 GYD = 0.270 MKD

Convert Israeli Sheqel

1 MKD = 0.065 ILS

1 ILS = 15.434 MKD

Convert Indian Rupee

1 MKD = 1.466 INR

1 INR = 0.682 MKD

Convert Icelandic Krona

1 MKD = 2.414 ISK

1 ISK = 0.414 MKD

Convert Cambodian Riel

1 MKD = 71.700 KHR

1 KHR = 0.014 MKD

Convert Kenyan shilling

1 MKD = 2.462 KES

1 KES = 0.406 MKD

Convert Kuwaiti Dinar

1 MKD = 0.005 KWD

1 KWD = 183.824 MKD

Convert Kazakhstani tenge

1 MKD = 7.945 KZT

1 KZT = 0.126 MKD

Convert Sri Lankan rupee

1 MKD = 5.438 LKR

1 LKR = 0.184 MKD

Convert Moroccan dirham

1 MKD = 0.178 MAD

1 MAD = 5.628 MKD

Convert Burmese kyat

1 MKD = 37.180 MMK

1 MMK = 0.027 MKD

Convert Mongolian Tugrik

1 MKD = 61.095 MNT

1 MNT = 0.016 MKD

Convert Mauritian Rupee

1 MKD = 0.811 MUR

1 MUR = 1.233 MKD

Convert Mauritanian ouguiya

1 MKD = 7.040 MRO

1 MRO = 0.142 MKD

Convert Maldivian rufiyaa

1 MKD = 0.273 MVR

1 MVR = 3.667 MKD

Convert Malawian kwacha

1 MKD = 29.802 MWK

1 MWK = 0.034 MKD

Convert New Zealand Dollar

1 MKD = 0.029 NZD

1 NZD = 34.707 MKD

Convert Nepalese rupee

1 MKD = 2.345 NPR

1 NPR = 0.426 MKD

Convert Philippine peso

1 MKD = 0.981 PHP

1 PHP = 1.019 MKD

Convert Pakistani rupee

1 MKD = 4.942 PKR

1 PKR = 0.202 MKD

Convert Rwandan franc

1 MKD = 22.723 RWF

1 RWF = 0.044 MKD

Convert Litecoin

1 MKD = 0.000 LTC

1 LTC = 5481.363 MKD

Convert Mexican peso

1 MKD = 0.298 MXN

1 MXN = 3.354 MKD

Convert Nicaraguan córdoba

1 MKD = 0.652 NIO

1 NIO = 1.535 MKD

Convert Romanian leu

1 MKD = 0.081 RON

1 RON = 12.404 MKD

Convert North Korean won

1 MKD = 15.938 KPW

1 KPW = 0.063 MKD

Convert Cayman Islands dollar

1 MKD = 0.015 KYD

1 KYD = 67.775 MKD

Convert Lebanese pound

1 MKD = 1585.417 LBP

1 LBP = 0.001 MKD

Convert Libyan dinar

1 MKD = 0.085 LYD

1 LYD = 11.752 MKD

Convert Lao kip

1 MKD = 369.488 LAK

1 LAK = 0.003 MKD

Convert Malagasy Ariary

1 MKD = 79.684 MGA

1 MGA = 0.013 MKD

Convert Liberian dollar

1 MKD = 3.393 LRD

1 LRD = 0.295 MKD

Convert Macedonian Denar

1 MKD = 1.000 MKD

1 MKD = 1.000 MKD

Convert Lesotho loti

1 MKD = 0.329 LSL

1 LSL = 3.041 MKD

Convert Macanese pataca

1 MKD = 0.143 MOP

1 MOP = 7.009 MKD

Convert Moldovan Leu

1 MKD = 0.311 MDL

1 MDL = 3.218 MKD

Convert Namibian dollar

1 MKD = 0.329 NAD

1 NAD = 3.041 MKD

Convert Malaysian ringgit

1 MKD = 0.083 MYR

1 MYR = 12.072 MKD

Convert Omani rial

1 MKD = 0.007 OMR

1 OMR = 146.684 MKD

Convert Nigerian Naira

1 MKD = 27.895 NGN

1 NGN = 0.036 MKD

Convert Papua New Guinean Kina

1 MKD = 0.068 PGK

1 PGK = 14.789 MKD

Convert Panamanian Balboa

1 MKD = 0.018 PAB

1 PAB = 56.469 MKD

Convert Peruvian sol

1 MKD = 0.065 PEN

1 PEN = 15.304 MKD

Convert Norwegian krone

1 MKD = 0.186 NOK

1 NOK = 5.369 MKD

Convert Polish Zloty

1 MKD = 0.070 PLN

1 PLN = 14.366 MKD

Convert Paraguayan Guaraní

1 MKD = 129.070 PYG

1 PYG = 0.008 MKD

Convert Qatari Rial

1 MKD = 0.065 QAR

1 QAR = 15.488 MKD

Convert Solomon Islands Dollar

1 MKD = 0.149 SBD

1 SBD = 6.694 MKD

Convert Saudi riyal

1 MKD = 0.066 SAR

1 SAR = 15.056 MKD

Convert Singapore dollar

1 MKD = 0.024 SGD

1 SGD = 42.366 MKD

Convert Sierra Leonean leone

1 MKD = 371.345 SLL

1 SLL = 0.003 MKD

Convert Thai baht

1 MKD = 0.633 THB

1 THB = 1.580 MKD

Convert Taiwan dollar

1 MKD = 0.557 TWD

1 TWD = 1.794 MKD

Convert Ukrainian hryvnia

1 MKD = 0.682 UAH

1 UAH = 1.467 MKD

Convert Ugandan Shilling

1 MKD = 69.190 UGX

1 UGX = 0.014 MKD

Convert Surinamese dollar

1 MKD = 0.626 SRD

1 SRD = 1.597 MKD

Convert São Tomé and Príncipe dobra

1 MKD = 394.585 STD

1 STD = 0.003 MKD

Convert Turkish Lira

1 MKD = 0.568 TRY

1 TRY = 1.762 MKD

Convert Trinidad & Tobago Dollar

1 MKD = 0.120 TTD

1 TTD = 8.313 MKD

Convert Tongan paʻanga

1 MKD = 0.042 TOP

1 TOP = 23.915 MKD

Convert Uzbekistani som

1 MKD = 221.904 UZS

1 UZS = 0.005 MKD

Convert Yemeni Rial

1 MKD = 4.433 YER

1 YER = 0.226 MKD

Convert South African rand

1 MKD = 0.332 ZAR

1 ZAR = 3.017 MKD

Convert Serbian Dinar

1 MKD = 1.902 RSD

1 RSD = 0.526 MKD

Convert Russian ruble

1 MKD = 1.617 RUB

1 RUB = 0.618 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 = 44.494 SYP

1 SYP = 0.022 MKD

Convert Swazi lilangeni

1 MKD = 0.329 SZL

1 SZL = 3.042 MKD

Convert Tunisian dinar

1 MKD = 0.055 TND

1 TND = 18.236 MKD

Convert Uruguayan peso

1 MKD = 0.688 UYU

1 UYU = 1.454 MKD

Convert Vietnamese dong

1 MKD = 436.555 VND

1 VND = 0.002 MKD

Convert Vanuatu vatu

1 MKD = 2.102 VUV

1 VUV = 0.476 MKD

Convert Samoan Tala

1 MKD = 0.050 WST

1 WST = 20.168 MKD

Convert CFA franc

1 MKD = 10.646 XAF

1 XAF = 0.094 MKD

Convert East Caribbean dollar

1 MKD = 0.048 XCD

1 XCD = 20.894 MKD

Convert Seychellois Rupee

1 MKD = 0.238 SCR

1 SCR = 4.204 MKD

Convert Swedish krona

1 MKD = 0.182 SEK

1 SEK = 5.508 MKD

Convert Saint Helena pound

1 MKD = 0.014 SHP

1 SHP = 72.062 MKD

Convert Tanzanian Shilling

1 MKD = 45.146 TZS

1 TZS = 0.022 MKD

Convert United States dollar

1 MKD = 0.018 USD

1 USD = 56.469 MKD

Convert CFP franc

1 MKD = 1.937 XPF

1 XPF = 0.516 MKD

Convert West African CFA franc

1 MKD = 10.646 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.