Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)
1 MKD = 0.027 AUD
1 AUD = 37.249 MKD
1 MKD = 15.028 ARS
1 ARS = 0.067 MKD
1 MKD = 50.626 BIF
1 BIF = 0.020 MKD
1 MKD = 0.007 BHD
1 BHD = 149.817 MKD
1 MKD = 0.122 BOB
1 BOB = 8.174 MKD
1 MKD = 0.030 AZN
1 AZN = 33.217 MKD
1 MKD = 1.466 BTN
1 BTN = 0.682 MKD
1 MKD = 9.056 CRC
1 CRC = 0.110 MKD
1 MKD = 0.410 CZK
1 CZK = 2.436 MKD
1 MKD = 0.127 CNY
1 CNY = 7.865 MKD
1 MKD = 0.121 DKK
1 DKK = 8.262 MKD
1 MKD = 1.005 ETB
1 ETB = 0.995 MKD
1 MKD = 152.174 GNF
1 GNF = 0.007 MKD
1 MKD = 0.122 HRK
1 HRK = 8.176 MKD
1 MKD = 275.215 IDR
1 IDR = 0.004 MKD
1 MKD = 2.748 JMD
1 JMD = 0.364 MKD
1 MKD = 1.584 KGS
1 KGS = 0.631 MKD
1 MKD = 0.032 BAM
1 BAM = 31.575 MKD
1 MKD = 0.032 ANG
1 ANG = 31.340 MKD
1 MKD = 0.240 BWP
1 BWP = 4.162 MKD
1 MKD = 0.024 BND
1 BND = 42.442 MKD
1 MKD = 49.130 CDF
1 CDF = 0.020 MKD
1 MKD = 0.036 BZD
1 BZD = 28.022 MKD
1 MKD = 578.183 BYR
1 BYR = 0.002 MKD
1 MKD = 0.032 BGN
1 BGN = 31.563 MKD
1 MKD = 0.024 CAD
1 CAD = 41.804 MKD
1 MKD = 2.381 DZD
1 DZD = 0.420 MKD
1 MKD = 0.266 ERN
1 ERN = 3.765 MKD
1 MKD = 0.864 EGP
1 EGP = 1.157 MKD
1 MKD = 0.040 FJD
1 FJD = 25.292 MKD
1 MKD = 0.014 GBP
1 GBP = 72.062 MKD
1 MKD = 0.014 FKP
1 FKP = 72.062 MKD
1 MKD = 0.138 GTQ
1 GTQ = 7.233 MKD
1 MKD = 0.139 HKD
1 HKD = 7.217 MKD
1 MKD = 6.468 HUF
1 HUF = 0.155 MKD
1 MKD = 23.193 IQD
1 IQD = 0.043 MKD
1 MKD = 744.435 IRR
1 IRR = 0.001 MKD
1 MKD = 7.979 KMF
1 KMF = 0.125 MKD
1 MKD = 23.247 KRW
1 KRW = 0.043 MKD
1 MKD = 1.683 ALL
1 ALL = 0.594 MKD
1 MKD = 1.943 BDT
1 BDT = 0.515 MKD
1 MKD = 0.032 AWG
1 AWG = 31.372 MKD
1 MKD = 0.088 BRL
1 BRL = 11.334 MKD
1 MKD = 0.000 BCH
1 BCH = 24152.695 MKD
1 MKD = 0.000 BTC
1 BTC = 4033500.000 MKD
1 MKD = 0.065 AED
1 AED = 15.374 MKD
1 MKD = 14.770 AOA
1 AOA = 0.068 MKD
1 MKD = 0.018 BSD
1 BSD = 56.469 MKD
1 MKD = 17.065 CLP
1 CLP = 0.059 MKD
1 MKD = 0.058 BYN
1 BYN = 17.262 MKD
1 MKD = 69.289 COP
1 COP = 0.014 MKD
1 MKD = 0.456 CUP
1 CUP = 2.193 MKD
1 MKD = 0.000 ETH
1 ETH = 226783.133 MKD
1 MKD = 0.016 EUR
1 EUR = 61.614 MKD
1 MKD = 0.437 HNL
1 HNL = 2.287 MKD
1 MKD = 1.204 GMD
1 GMD = 0.831 MKD
1 MKD = 0.014 GIP
1 GIP = 72.062 MKD
1 MKD = 2.347 HTG
1 HTG = 0.426 MKD
1 MKD = 0.013 JOD
1 JOD = 79.657 MKD
1 MKD = 2.617 JPY
1 JPY = 0.382 MKD
1 MKD = 1.256 AFN
1 AFN = 0.796 MKD
1 MKD = 0.035 BBD
1 BBD = 28.235 MKD
1 MKD = 0.018 BMD
1 BMD = 56.469 MKD
1 MKD = 7.131 AMD
1 AMD = 0.140 MKD
1 MKD = 0.016 CHF
1 CHF = 64.253 MKD
1 MKD = 3.153 DJF
1 DJF = 0.317 MKD
1 MKD = 1.046 DOP
1 DOP = 0.956 MKD
1 MKD = 1.785 CVE
1 CVE = 0.560 MKD
1 MKD = 0.047 GEL
1 GEL = 21.269 MKD
1 MKD = 0.227 GHS
1 GHS = 4.406 MKD
1 MKD = 3.708 GYD
1 GYD = 0.270 MKD
1 MKD = 0.065 ILS
1 ILS = 15.434 MKD
1 MKD = 1.466 INR
1 INR = 0.682 MKD
1 MKD = 2.414 ISK
1 ISK = 0.414 MKD
1 MKD = 71.700 KHR
1 KHR = 0.014 MKD
1 MKD = 2.462 KES
1 KES = 0.406 MKD
1 MKD = 0.005 KWD
1 KWD = 183.824 MKD
1 MKD = 7.945 KZT
1 KZT = 0.126 MKD
1 MKD = 5.438 LKR
1 LKR = 0.184 MKD
1 MKD = 0.178 MAD
1 MAD = 5.628 MKD
1 MKD = 37.180 MMK
1 MMK = 0.027 MKD
1 MKD = 61.095 MNT
1 MNT = 0.016 MKD
1 MKD = 0.811 MUR
1 MUR = 1.233 MKD
1 MKD = 7.040 MRO
1 MRO = 0.142 MKD
1 MKD = 0.273 MVR
1 MVR = 3.667 MKD
1 MKD = 29.802 MWK
1 MWK = 0.034 MKD
1 MKD = 0.029 NZD
1 NZD = 34.707 MKD
1 MKD = 2.345 NPR
1 NPR = 0.426 MKD
1 MKD = 0.981 PHP
1 PHP = 1.019 MKD
1 MKD = 4.942 PKR
1 PKR = 0.202 MKD
1 MKD = 22.723 RWF
1 RWF = 0.044 MKD
1 MKD = 0.000 LTC
1 LTC = 5481.363 MKD
1 MKD = 0.298 MXN
1 MXN = 3.354 MKD
1 MKD = 0.652 NIO
1 NIO = 1.535 MKD
1 MKD = 0.081 RON
1 RON = 12.404 MKD
1 MKD = 15.938 KPW
1 KPW = 0.063 MKD
1 MKD = 0.015 KYD
1 KYD = 67.775 MKD
1 MKD = 1585.417 LBP
1 LBP = 0.001 MKD
1 MKD = 0.085 LYD
1 LYD = 11.752 MKD
1 MKD = 369.488 LAK
1 LAK = 0.003 MKD
1 MKD = 79.684 MGA
1 MGA = 0.013 MKD
1 MKD = 3.393 LRD
1 LRD = 0.295 MKD
1 MKD = 1.000 MKD
1 MKD = 1.000 MKD
1 MKD = 0.329 LSL
1 LSL = 3.041 MKD
1 MKD = 0.143 MOP
1 MOP = 7.009 MKD
1 MKD = 0.311 MDL
1 MDL = 3.218 MKD
1 MKD = 0.329 NAD
1 NAD = 3.041 MKD
1 MKD = 0.083 MYR
1 MYR = 12.072 MKD
1 MKD = 0.007 OMR
1 OMR = 146.684 MKD
1 MKD = 27.895 NGN
1 NGN = 0.036 MKD
1 MKD = 0.068 PGK
1 PGK = 14.789 MKD
1 MKD = 0.018 PAB
1 PAB = 56.469 MKD
1 MKD = 0.065 PEN
1 PEN = 15.304 MKD
1 MKD = 0.186 NOK
1 NOK = 5.369 MKD
1 MKD = 0.070 PLN
1 PLN = 14.366 MKD
1 MKD = 129.070 PYG
1 PYG = 0.008 MKD
1 MKD = 0.065 QAR
1 QAR = 15.488 MKD
1 MKD = 0.149 SBD
1 SBD = 6.694 MKD
1 MKD = 0.066 SAR
1 SAR = 15.056 MKD
1 MKD = 0.024 SGD
1 SGD = 42.366 MKD
1 MKD = 371.345 SLL
1 SLL = 0.003 MKD
1 MKD = 0.633 THB
1 THB = 1.580 MKD
1 MKD = 0.557 TWD
1 TWD = 1.794 MKD
1 MKD = 0.682 UAH
1 UAH = 1.467 MKD
1 MKD = 69.190 UGX
1 UGX = 0.014 MKD
1 MKD = 0.626 SRD
1 SRD = 1.597 MKD
1 MKD = 394.585 STD
1 STD = 0.003 MKD
1 MKD = 0.568 TRY
1 TRY = 1.762 MKD
1 MKD = 0.120 TTD
1 TTD = 8.313 MKD
1 MKD = 0.042 TOP
1 TOP = 23.915 MKD
1 MKD = 221.904 UZS
1 UZS = 0.005 MKD
1 MKD = 4.433 YER
1 YER = 0.226 MKD
1 MKD = 0.332 ZAR
1 ZAR = 3.017 MKD
1 MKD = 1.902 RSD
1 RSD = 0.526 MKD
1 MKD = 1.617 RUB
1 RUB = 0.618 MKD
1 MKD = 10.119 SOS
1 SOS = 0.099 MKD
1 MKD = 0.155 SVC
1 SVC = 6.455 MKD
1 MKD = 44.494 SYP
1 SYP = 0.022 MKD
1 MKD = 0.329 SZL
1 SZL = 3.042 MKD
1 MKD = 0.055 TND
1 TND = 18.236 MKD
1 MKD = 0.688 UYU
1 UYU = 1.454 MKD
1 MKD = 436.555 VND
1 VND = 0.002 MKD
1 MKD = 2.102 VUV
1 VUV = 0.476 MKD
1 MKD = 0.050 WST
1 WST = 20.168 MKD
1 MKD = 10.646 XAF
1 XAF = 0.094 MKD
1 MKD = 0.048 XCD
1 XCD = 20.894 MKD
1 MKD = 0.238 SCR
1 SCR = 4.204 MKD
1 MKD = 0.182 SEK
1 SEK = 5.508 MKD
1 MKD = 0.014 SHP
1 SHP = 72.062 MKD
1 MKD = 45.146 TZS
1 TZS = 0.022 MKD
1 MKD = 0.018 USD
1 USD = 56.469 MKD
1 MKD = 1.937 XPF
1 XPF = 0.516 MKD
1 MKD = 10.646 XOF
1 XOF = 0.094 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.