Currencies.Zone

Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)

Convert Australian dollar

1 MKD = 0.028 AUD

1 AUD = 35.994 MKD

Convert Argentine peso

1 MKD = 18.695 ARS

1 ARS = 0.053 MKD

Convert Burundian Franc

1 MKD = 51.500 BIF

1 BIF = 0.019 MKD

Convert Bahraini dinar

1 MKD = 0.007 BHD

1 BHD = 152.025 MKD

Convert Bolivian boliviano

1 MKD = 0.121 BOB

1 BOB = 8.287 MKD

Convert Azerbaijani manat

1 MKD = 0.030 AZN

1 AZN = 33.703 MKD

Convert Bhutanese ngultrum

1 MKD = 1.496 BTN

1 BTN = 0.668 MKD

Convert Costa Rican colón

1 MKD = 8.711 CRC

1 CRC = 0.115 MKD

Convert Czech koruna

1 MKD = 0.405 CZK

1 CZK = 2.471 MKD

Convert Chinese Yuan Renminbi

1 MKD = 0.127 CNY

1 CNY = 7.895 MKD

Convert Danish Krone

1 MKD = 0.121 DKK

1 DKK = 8.246 MKD

Convert Ethiopian birr

1 MKD = 2.278 ETB

1 ETB = 0.439 MKD

Convert Guinean franc

1 MKD = 151.035 GNF

1 GNF = 0.007 MKD

Convert Croatian kuna

1 MKD = 0.122 HRK

1 HRK = 8.166 MKD

Convert Indonesian Rupiah

1 MKD = 290.362 IDR

1 IDR = 0.003 MKD

Convert Jamaican Dollar

1 MKD = 2.741 JMD

1 JMD = 0.365 MKD

Convert Kyrgyzstani som

1 MKD = 1.509 KGS

1 KGS = 0.663 MKD

Convert Convertible Mark

1 MKD = 0.032 BAM

1 BAM = 31.597 MKD

Convert Netherlands Antillean guilder

1 MKD = 0.031 ANG

1 ANG = 31.774 MKD

Convert Botswana pula

1 MKD = 0.239 BWP

1 BWP = 4.183 MKD

Convert Brunei dollar

1 MKD = 0.023 BND

1 BND = 42.799 MKD

Convert Congolese franc

1 MKD = 50.058 CDF

1 CDF = 0.020 MKD

Convert Belize dollar

1 MKD = 0.035 BZD

1 BZD = 28.508 MKD

Convert Belarusian Ruble

1 MKD = 570.814 BYR

1 BYR = 0.002 MKD

Convert Bulgarian lev

1 MKD = 0.032 BGN

1 BGN = 31.503 MKD

Convert Canadian dollar

1 MKD = 0.025 CAD

1 CAD = 40.055 MKD

Convert Algerian dinar

1 MKD = 2.343 DZD

1 DZD = 0.427 MKD

Convert Eritrean nakfa

1 MKD = 0.262 ERN

1 ERN = 3.820 MKD

Convert Egyptian Pound

1 MKD = 0.882 EGP

1 EGP = 1.133 MKD

Convert Fijian Dollar

1 MKD = 0.040 FJD

1 FJD = 24.899 MKD

Convert Pound sterling

1 MKD = 0.014 GBP

1 GBP = 73.769 MKD

Convert Falkland Islands pound

1 MKD = 0.014 FKP

1 FKP = 73.769 MKD

Convert Guatemalan quetzal

1 MKD = 0.135 GTQ

1 GTQ = 7.427 MKD

Convert Hong Kong dollar

1 MKD = 0.136 HKD

1 HKD = 7.368 MKD

Convert Hungarian forint

1 MKD = 6.509 HUF

1 HUF = 0.154 MKD

Convert Iraqi dinar

1 MKD = 22.872 IQD

1 IQD = 0.044 MKD

Convert Iranian Rial

1 MKD = 734.794 IRR

1 IRR = 0.001 MKD

Convert Comorian Franc

1 MKD = 7.968 KMF

1 KMF = 0.126 MKD

Convert South Korean Won

1 MKD = 25.599 KRW

1 KRW = 0.039 MKD

Convert Albanian lek

1 MKD = 1.608 ALL

1 ALL = 0.622 MKD

Convert Bangladeshi Taka

1 MKD = 2.122 BDT

1 BDT = 0.471 MKD

Convert Aruban florin

1 MKD = 0.031 AWG

1 AWG = 31.831 MKD

Convert Brazilian Real

1 MKD = 0.100 BRL

1 BRL = 9.990 MKD

Convert Bitcoin Cash

1 MKD = 0.000 BCH

1 BCH = 19136.607 MKD

Convert Bitcoin

1 MKD = 0.000 BTC

1 BTC = 4774583.333 MKD

Convert Arab Emirates Dirham

1 MKD = 0.064 AED

1 AED = 15.599 MKD

Convert Angolan kwanza

1 MKD = 15.970 AOA

1 AOA = 0.063 MKD

Convert Bahamian dollar

1 MKD = 0.017 BSD

1 BSD = 57.295 MKD

Convert Chilean Peso

1 MKD = 16.120 CLP

1 CLP = 0.062 MKD

Convert Belarusian ruble

1 MKD = 0.057 BYN

1 BYN = 17.497 MKD

Convert Colombian Peso

1 MKD = 72.028 COP

1 COP = 0.014 MKD

Convert Cuban peso

1 MKD = 0.449 CUP

1 CUP = 2.225 MKD

Convert Ethereum

1 MKD = 0.000 ETH

1 ETH = 115050.201 MKD

Convert Euro

1 MKD = 0.016 EUR

1 EUR = 61.522 MKD

Convert Honduran lempira

1 MKD = 0.448 HNL

1 HNL = 2.231 MKD

Convert Gambian dalasi

1 MKD = 1.248 GMD

1 GMD = 0.801 MKD

Convert Gibraltar pound

1 MKD = 0.014 GIP

1 GIP = 73.769 MKD

Convert Haitian gourde

1 MKD = 2.287 HTG

1 HTG = 0.437 MKD

Convert Jordanian dinar

1 MKD = 0.012 JOD

1 JOD = 80.811 MKD

Convert Japanese Yen

1 MKD = 2.623 JPY

1 JPY = 0.381 MKD

Convert Afghan afghani

1 MKD = 1.254 AFN

1 AFN = 0.797 MKD

Convert Barbadian dollar

1 MKD = 0.035 BBD

1 BBD = 28.648 MKD

Convert Bermudian dollar

1 MKD = 0.017 BMD

1 BMD = 57.295 MKD

Convert Armenian dram

1 MKD = 6.880 AMD

1 AMD = 0.145 MKD

Convert Swiss franc

1 MKD = 0.015 CHF

1 CHF = 64.818 MKD

Convert Djiboutian franc

1 MKD = 3.103 DJF

1 DJF = 0.322 MKD

Convert Dominican Peso

1 MKD = 1.104 DOP

1 DOP = 0.906 MKD

Convert Cape Verdean escudo

1 MKD = 1.787 CVE

1 CVE = 0.560 MKD

Convert Georgian Lari

1 MKD = 0.049 GEL

1 GEL = 20.610 MKD

Convert Ghana Cedi

1 MKD = 0.271 GHS

1 GHS = 3.695 MKD

Convert Guyanese dollar

1 MKD = 3.654 GYD

1 GYD = 0.274 MKD

Convert Israeli Sheqel

1 MKD = 0.064 ILS

1 ILS = 15.528 MKD

Convert Indian Rupee

1 MKD = 1.496 INR

1 INR = 0.668 MKD

Convert Icelandic Krona

1 MKD = 2.326 ISK

1 ISK = 0.430 MKD

Convert Cambodian Riel

1 MKD = 69.972 KHR

1 KHR = 0.014 MKD

Convert Kenyan shilling

1 MKD = 2.260 KES

1 KES = 0.443 MKD

Convert Kuwaiti Dinar

1 MKD = 0.005 KWD

1 KWD = 185.818 MKD

Convert Kazakhstani tenge

1 MKD = 8.739 KZT

1 KZT = 0.114 MKD

Convert Sri Lankan rupee

1 MKD = 5.175 LKR

1 LKR = 0.193 MKD

Convert Moroccan dirham

1 MKD = 0.168 MAD

1 MAD = 5.955 MKD

Convert Burmese kyat

1 MKD = 36.618 MMK

1 MMK = 0.027 MKD

Convert Mongolian Tugrik

1 MKD = 0.021 MNT

1 MNT = 48.228 MKD

Convert Mauritian Rupee

1 MKD = 0.799 MUR

1 MUR = 1.252 MKD

Convert Mauritanian ouguiya

1 MKD = 6.930 MRO

1 MRO = 0.144 MKD

Convert Maldivian rufiyaa

1 MKD = 0.269 MVR

1 MVR = 3.718 MKD

Convert Malawian kwacha

1 MKD = 30.289 MWK

1 MWK = 0.033 MKD

Convert New Zealand Dollar

1 MKD = 0.031 NZD

1 NZD = 32.742 MKD

Convert Nepalese rupee

1 MKD = 2.394 NPR

1 NPR = 0.418 MKD

Convert Philippine peso

1 MKD = 1.007 PHP

1 PHP = 0.993 MKD

Convert Pakistani rupee

1 MKD = 4.895 PKR

1 PKR = 0.204 MKD

Convert Rwandan franc

1 MKD = 24.968 RWF

1 RWF = 0.040 MKD

Convert Litecoin

1 MKD = 0.000 LTC

1 LTC = 5282.593 MKD

Convert Mexican peso

1 MKD = 0.353 MXN

1 MXN = 2.831 MKD

Convert Nicaraguan córdoba

1 MKD = 0.642 NIO

1 NIO = 1.557 MKD

Convert Romanian leu

1 MKD = 0.081 RON

1 RON = 12.364 MKD

Convert North Korean won

1 MKD = 15.708 KPW

1 KPW = 0.064 MKD

Convert Cayman Islands dollar

1 MKD = 0.015 KYD

1 KYD = 68.711 MKD

Convert Lebanese pound

1 MKD = 1564.330 LBP

1 LBP = 0.001 MKD

Convert Libyan dinar

1 MKD = 0.084 LYD

1 LYD = 11.854 MKD

Convert Lao kip

1 MKD = 378.215 LAK

1 LAK = 0.003 MKD

Convert Malagasy Ariary

1 MKD = 81.569 MGA

1 MGA = 0.012 MKD

Convert Liberian dollar

1 MKD = 3.485 LRD

1 LRD = 0.287 MKD

Convert Macedonian Denar

1 MKD = 1.000 MKD

1 MKD = 1.000 MKD

Convert Lesotho loti

1 MKD = 0.319 LSL

1 LSL = 3.138 MKD

Convert Macanese pataca

1 MKD = 0.140 MOP

1 MOP = 7.149 MKD

Convert Moldovan Leu

1 MKD = 0.314 MDL

1 MDL = 3.184 MKD

Convert Namibian dollar

1 MKD = 0.319 NAD

1 NAD = 3.138 MKD

Convert Malaysian ringgit

1 MKD = 0.077 MYR

1 MYR = 12.935 MKD

Convert Omani rial

1 MKD = 0.007 OMR

1 OMR = 148.838 MKD

Convert Nigerian Naira

1 MKD = 26.812 NGN

1 NGN = 0.037 MKD

Convert Papua New Guinean Kina

1 MKD = 0.071 PGK

1 PGK = 14.019 MKD

Convert Panamanian Balboa

1 MKD = 0.017 PAB

1 PAB = 57.295 MKD

Convert Peruvian sol

1 MKD = 0.063 PEN

1 PEN = 15.768 MKD

Convert Norwegian krone

1 MKD = 0.185 NOK

1 NOK = 5.420 MKD

Convert Polish Zloty

1 MKD = 0.068 PLN

1 PLN = 14.700 MKD

Convert Paraguayan Guaraní

1 MKD = 139.760 PYG

1 PYG = 0.007 MKD

Convert Qatari Rial

1 MKD = 0.064 QAR

1 QAR = 15.730 MKD

Convert Solomon Islands Dollar

1 MKD = 0.147 SBD

1 SBD = 6.809 MKD

Convert Saudi riyal

1 MKD = 0.065 SAR

1 SAR = 15.273 MKD

Convert Singapore dollar

1 MKD = 0.023 SGD

1 SGD = 42.726 MKD

Convert Sierra Leonean leone

1 MKD = 365.992 SLL

1 SLL = 0.003 MKD

Convert Thai baht

1 MKD = 0.593 THB

1 THB = 1.687 MKD

Convert Taiwan dollar

1 MKD = 0.578 TWD

1 TWD = 1.731 MKD

Convert Ukrainian hryvnia

1 MKD = 0.726 UAH

1 UAH = 1.378 MKD

Convert Ugandan Shilling

1 MKD = 64.013 UGX

1 UGX = 0.016 MKD

Convert Surinamese dollar

1 MKD = 0.635 SRD

1 SRD = 1.576 MKD

Convert São Tomé and Príncipe dobra

1 MKD = 388.896 STD

1 STD = 0.003 MKD

Convert Turkish Lira

1 MKD = 0.663 TRY

1 TRY = 1.507 MKD

Convert Trinidad & Tobago Dollar

1 MKD = 0.119 TTD

1 TTD = 8.437 MKD

Convert Tongan paʻanga

1 MKD = 0.042 TOP

1 TOP = 23.846 MKD

Convert Uzbekistani som

1 MKD = 225.657 UZS

1 UZS = 0.004 MKD

Convert Yemeni Rial

1 MKD = 4.294 YER

1 YER = 0.233 MKD

Convert South African rand

1 MKD = 0.319 ZAR

1 ZAR = 3.137 MKD

Convert Serbian Dinar

1 MKD = 1.905 RSD

1 RSD = 0.525 MKD

Convert Russian ruble

1 MKD = 1.467 RUB

1 RUB = 0.682 MKD

Convert Somali shilling

1 MKD = 9.978 SOS

1 SOS = 0.100 MKD

Convert Salvadoran Colón

1 MKD = 0.153 SVC

1 SVC = 6.544 MKD

Convert Syrian Pound

1 MKD = 226.931 SYP

1 SYP = 0.004 MKD

Convert Swazi lilangeni

1 MKD = 0.319 SZL

1 SZL = 3.138 MKD

Convert Tunisian dinar

1 MKD = 0.054 TND

1 TND = 18.450 MKD

Convert Uruguayan peso

1 MKD = 0.734 UYU

1 UYU = 1.362 MKD

Convert Vietnamese dong

1 MKD = 447.159 VND

1 VND = 0.002 MKD

Convert Vanuatu vatu

1 MKD = 2.072 VUV

1 VUV = 0.483 MKD

Convert Samoan Tala

1 MKD = 0.049 WST

1 WST = 20.463 MKD

Convert CFA franc

1 MKD = 10.662 XAF

1 XAF = 0.094 MKD

Convert East Caribbean dollar

1 MKD = 0.047 XCD

1 XCD = 21.200 MKD

Convert Seychellois Rupee

1 MKD = 0.250 SCR

1 SCR = 3.995 MKD

Convert Swedish krona

1 MKD = 0.176 SEK

1 SEK = 5.685 MKD

Convert Saint Helena pound

1 MKD = 0.014 SHP

1 SHP = 73.769 MKD

Convert Tanzanian Shilling

1 MKD = 46.308 TZS

1 TZS = 0.022 MKD

Convert United States dollar

1 MKD = 0.017 USD

1 USD = 57.295 MKD

Convert CFP franc

1 MKD = 1.940 XPF

1 XPF = 0.516 MKD

Convert West African CFA franc

1 MKD = 10.662 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.