Currencies.Zone

Macedonian Denar

The Macedonian Denar is the currency of Macedonia (MK)

Convert Australian dollar

1 MKD = 0.029 AUD

1 AUD = 34.114 MKD

Convert Argentine peso

1 MKD = 25.835 ARS

1 ARS = 0.039 MKD

Convert Burundian Franc

1 MKD = 55.669 BIF

1 BIF = 0.018 MKD

Convert Bahraini dinar

1 MKD = 0.007 BHD

1 BHD = 140.231 MKD

Convert Bolivian boliviano

1 MKD = 0.131 BOB

1 BOB = 7.614 MKD

Convert Azerbaijani manat

1 MKD = 0.032 AZN

1 AZN = 31.016 MKD

Convert Bhutanese ngultrum

1 MKD = 1.655 BTN

1 BTN = 0.604 MKD

Convert Costa Rican colón

1 MKD = 9.623 CRC

1 CRC = 0.104 MKD

Convert Czech koruna

1 MKD = 0.402 CZK

1 CZK = 2.487 MKD

Convert Chinese Yuan Renminbi

1 MKD = 0.137 CNY

1 CNY = 7.312 MKD

Convert Danish Krone

1 MKD = 0.122 DKK

1 DKK = 8.186 MKD

Convert Ethiopian birr

1 MKD = 2.620 ETB

1 ETB = 0.382 MKD

Convert Guinean franc

1 MKD = 164.905 GNF

1 GNF = 0.006 MKD

Convert Croatian kuna

1 MKD = 0.123 HRK

1 HRK = 8.111 MKD

Convert Indonesian Rupiah

1 MKD = 312.519 IDR

1 IDR = 0.003 MKD

Convert Jamaican Dollar

1 MKD = 3.038 JMD

1 JMD = 0.329 MKD

Convert Kyrgyzstani som

1 MKD = 1.659 KGS

1 KGS = 0.603 MKD

Convert Convertible Mark

1 MKD = 0.032 BAM

1 BAM = 31.247 MKD

Convert Netherlands Antillean guilder

1 MKD = 0.034 ANG

1 ANG = 29.342 MKD

Convert Botswana pula

1 MKD = 0.258 BWP

1 BWP = 3.874 MKD

Convert Brunei dollar

1 MKD = 0.024 BND

1 BND = 40.889 MKD

Convert Congolese franc

1 MKD = 54.667 CDF

1 CDF = 0.018 MKD

Convert Belize dollar

1 MKD = 0.038 BZD

1 BZD = 26.131 MKD

Convert Belarusian Ruble

1 MKD = 622.072 BYR

1 BYR = 0.002 MKD

Convert Bulgarian lev

1 MKD = 0.032 BGN

1 BGN = 31.247 MKD

Convert Canadian dollar

1 MKD = 0.026 CAD

1 CAD = 38.227 MKD

Convert Algerian dinar

1 MKD = 2.498 DZD

1 DZD = 0.400 MKD

Convert Eritrean nakfa

1 MKD = 0.284 ERN

1 ERN = 3.515 MKD

Convert Egyptian Pound

1 MKD = 0.923 EGP

1 EGP = 1.083 MKD

Convert Fijian Dollar

1 MKD = 0.043 FJD

1 FJD = 23.006 MKD

Convert Pound sterling

1 MKD = 0.014 GBP

1 GBP = 69.998 MKD

Convert Falkland Islands pound

1 MKD = 0.014 FKP

1 FKP = 69.998 MKD

Convert Guatemalan quetzal

1 MKD = 0.145 GTQ

1 GTQ = 6.876 MKD

Convert Hong Kong dollar

1 MKD = 0.149 HKD

1 HKD = 6.717 MKD

Convert Hungarian forint

1 MKD = 6.518 HUF

1 HUF = 0.153 MKD

Convert Iraqi dinar

1 MKD = 24.850 IQD

1 IQD = 0.040 MKD

Convert Iranian Rial

1 MKD = 796.609 IRR

1 IRR = 0.001 MKD

Convert Comorian Franc

1 MKD = 8.050 KMF

1 KMF = 0.124 MKD

Convert South Korean Won

1 MKD = 26.381 KRW

1 KRW = 0.038 MKD

Convert Albanian lek

1 MKD = 1.616 ALL

1 ALL = 0.619 MKD

Convert Bangladeshi Taka

1 MKD = 2.320 BDT

1 BDT = 0.431 MKD

Convert Aruban florin

1 MKD = 0.034 AWG

1 AWG = 29.456 MKD

Convert Brazilian Real

1 MKD = 0.105 BRL

1 BRL = 9.503 MKD

Convert Bitcoin Cash

1 MKD = 0.000 BCH

1 BCH = 27649.187 MKD

Convert Bitcoin

1 MKD = 0.000 BTC

1 BTC = 5858555.556 MKD

Convert Arab Emirates Dirham

1 MKD = 0.070 AED

1 AED = 14.357 MKD

Convert Angolan kwanza

1 MKD = 17.294 AOA

1 AOA = 0.058 MKD

Convert Bahamian dollar

1 MKD = 0.019 BSD

1 BSD = 52.727 MKD

Convert Chilean Peso

1 MKD = 18.382 CLP

1 CLP = 0.054 MKD

Convert Belarusian ruble

1 MKD = 0.062 BYN

1 BYN = 16.075 MKD

Convert Colombian Peso

1 MKD = 78.231 COP

1 COP = 0.013 MKD

Convert Cuban peso

1 MKD = 0.454 CUP

1 CUP = 2.205 MKD

Convert Ethereum

1 MKD = 0.000 ETH

1 ETH = 179343.537 MKD

Convert Euro

1 MKD = 0.016 EUR

1 EUR = 61.114 MKD

Convert Honduran lempira

1 MKD = 0.497 HNL

1 HNL = 2.010 MKD

Convert Gambian dalasi

1 MKD = 1.378 GMD

1 GMD = 0.726 MKD

Convert Gibraltar pound

1 MKD = 0.014 GIP

1 GIP = 69.998 MKD

Convert Haitian gourde

1 MKD = 2.530 HTG

1 HTG = 0.395 MKD

Convert Jordanian dinar

1 MKD = 0.013 JOD

1 JOD = 74.368 MKD

Convert Japanese Yen

1 MKD = 2.797 JPY

1 JPY = 0.357 MKD

Convert Afghan afghani

1 MKD = 1.303 AFN

1 AFN = 0.767 MKD

Convert Barbadian dollar

1 MKD = 0.038 BBD

1 BBD = 26.364 MKD

Convert Bermudian dollar

1 MKD = 0.019 BMD

1 BMD = 52.727 MKD

Convert Armenian dram

1 MKD = 7.274 AMD

1 AMD = 0.137 MKD

Convert Swiss franc

1 MKD = 0.015 CHF

1 CHF = 65.565 MKD

Convert Djiboutian franc

1 MKD = 3.383 DJF

1 DJF = 0.296 MKD

Convert Dominican Peso

1 MKD = 1.151 DOP

1 DOP = 0.869 MKD

Convert Cape Verdean escudo

1 MKD = 1.804 CVE

1 CVE = 0.554 MKD

Convert Georgian Lari

1 MKD = 0.051 GEL

1 GEL = 19.492 MKD

Convert Ghana Cedi

1 MKD = 0.198 GHS

1 GHS = 5.043 MKD

Convert Guyanese dollar

1 MKD = 3.964 GYD

1 GYD = 0.252 MKD

Convert Israeli Sheqel

1 MKD = 0.065 ILS

1 ILS = 15.455 MKD

Convert Indian Rupee

1 MKD = 1.655 INR

1 INR = 0.604 MKD

Convert Icelandic Krona

1 MKD = 2.359 ISK

1 ISK = 0.424 MKD

Convert Cambodian Riel

1 MKD = 75.884 KHR

1 KHR = 0.013 MKD

Convert Kenyan shilling

1 MKD = 2.453 KES

1 KES = 0.408 MKD

Convert Kuwaiti Dinar

1 MKD = 0.006 KWD

1 KWD = 172.108 MKD

Convert Kazakhstani tenge

1 MKD = 10.289 KZT

1 KZT = 0.097 MKD

Convert Sri Lankan rupee

1 MKD = 5.714 LKR

1 LKR = 0.175 MKD

Convert Moroccan dirham

1 MKD = 0.172 MAD

1 MAD = 5.809 MKD

Convert Burmese kyat

1 MKD = 39.819 MMK

1 MMK = 0.025 MKD

Convert Mongolian Tugrik

1 MKD = 68.157 MNT

1 MNT = 0.015 MKD

Convert Mauritian Rupee

1 MKD = 0.883 MUR

1 MUR = 1.132 MKD

Convert Mauritanian ouguiya

1 MKD = 7.611 MRO

1 MRO = 0.131 MKD

Convert Maldivian rufiyaa

1 MKD = 0.293 MVR

1 MVR = 3.411 MKD

Convert Malawian kwacha

1 MKD = 32.876 MWK

1 MWK = 0.030 MKD

Convert New Zealand Dollar

1 MKD = 0.032 NZD

1 NZD = 31.186 MKD

Convert Nepalese rupee

1 MKD = 2.649 NPR

1 NPR = 0.378 MKD

Convert Philippine peso

1 MKD = 1.095 PHP

1 PHP = 0.913 MKD

Convert Pakistani rupee

1 MKD = 5.363 PKR

1 PKR = 0.186 MKD

Convert Rwandan franc

1 MKD = 27.401 RWF

1 RWF = 0.036 MKD

Convert Litecoin

1 MKD = 0.000 LTC

1 LTC = 5521.730 MKD

Convert Mexican peso

1 MKD = 0.358 MXN

1 MXN = 2.795 MKD

Convert Nicaraguan córdoba

1 MKD = 0.695 NIO

1 NIO = 1.439 MKD

Convert Romanian leu

1 MKD = 0.083 RON

1 RON = 12.045 MKD

Convert North Korean won

1 MKD = 17.069 KPW

1 KPW = 0.059 MKD

Convert Cayman Islands dollar

1 MKD = 0.016 KYD

1 KYD = 64.301 MKD

Convert Lebanese pound

1 MKD = 1709.519 LBP

1 LBP = 0.001 MKD

Convert Libyan dinar

1 MKD = 0.104 LYD

1 LYD = 9.654 MKD

Convert Lao kip

1 MKD = 410.046 LAK

1 LAK = 0.002 MKD

Convert Malagasy Ariary

1 MKD = 84.740 MGA

1 MGA = 0.012 MKD

Convert Liberian dollar

1 MKD = 3.812 LRD

1 LRD = 0.262 MKD

Convert Macedonian Denar

1 MKD = 1.000 MKD

1 MKD = 1.000 MKD

Convert Lesotho loti

1 MKD = 0.344 LSL

1 LSL = 2.907 MKD

Convert Macanese pataca

1 MKD = 0.153 MOP

1 MOP = 6.522 MKD

Convert Moldovan Leu

1 MKD = 0.325 MDL

1 MDL = 3.072 MKD

Convert Namibian dollar

1 MKD = 0.344 NAD

1 NAD = 2.907 MKD

Convert Malaysian ringgit

1 MKD = 0.081 MYR

1 MYR = 12.329 MKD

Convert Omani rial

1 MKD = 0.007 OMR

1 OMR = 136.918 MKD

Convert Nigerian Naira

1 MKD = 29.006 NGN

1 NGN = 0.034 MKD

Convert Papua New Guinean Kina

1 MKD = 0.078 PGK

1 PGK = 12.797 MKD

Convert Panamanian Balboa

1 MKD = 0.019 PAB

1 PAB = 52.727 MKD

Convert Peruvian sol

1 MKD = 0.068 PEN

1 PEN = 14.719 MKD

Convert Norwegian krone

1 MKD = 0.194 NOK

1 NOK = 5.149 MKD

Convert Polish Zloty

1 MKD = 0.070 PLN

1 PLN = 14.314 MKD

Convert Paraguayan Guaraní

1 MKD = 141.383 PYG

1 PYG = 0.007 MKD

Convert Qatari Rial

1 MKD = 0.069 QAR

1 QAR = 14.485 MKD

Convert Solomon Islands Dollar

1 MKD = 0.157 SBD

1 SBD = 6.380 MKD

Convert Saudi riyal

1 MKD = 0.071 SAR

1 SAR = 14.061 MKD

Convert Singapore dollar

1 MKD = 0.024 SGD

1 SGD = 40.889 MKD

Convert Sierra Leonean leone

1 MKD = 430.138 SLL

1 SLL = 0.002 MKD

Convert Thai baht

1 MKD = 0.616 THB

1 THB = 1.622 MKD

Convert Taiwan dollar

1 MKD = 0.566 TWD

1 TWD = 1.766 MKD

Convert Ukrainian hryvnia

1 MKD = 0.793 UAH

1 UAH = 1.261 MKD

Convert Ugandan Shilling

1 MKD = 67.952 UGX

1 UGX = 0.015 MKD

Convert Surinamese dollar

1 MKD = 0.694 SRD

1 SRD = 1.440 MKD

Convert São Tomé and Príncipe dobra

1 MKD = 402.287 STD

1 STD = 0.002 MKD

Convert Turkish Lira

1 MKD = 0.771 TRY

1 TRY = 1.298 MKD

Convert Trinidad & Tobago Dollar

1 MKD = 0.128 TTD

1 TTD = 7.793 MKD

Convert Tongan paʻanga

1 MKD = 0.045 TOP

1 TOP = 21.992 MKD

Convert Uzbekistani som

1 MKD = 241.677 UZS

1 UZS = 0.004 MKD

Convert Yemeni Rial

1 MKD = 4.562 YER

1 YER = 0.219 MKD

Convert South African rand

1 MKD = 0.344 ZAR

1 ZAR = 2.907 MKD

Convert Serbian Dinar

1 MKD = 1.918 RSD

1 RSD = 0.521 MKD

Convert Russian ruble

1 MKD = 1.519 RUB

1 RUB = 0.659 MKD

Convert Somali shilling

1 MKD = 10.838 SOS

1 SOS = 0.092 MKD

Convert Salvadoran Colón

1 MKD = 0.166 SVC

1 SVC = 6.026 MKD

Convert Syrian Pound

1 MKD = 246.589 SYP

1 SYP = 0.004 MKD

Convert Swazi lilangeni

1 MKD = 0.344 SZL

1 SZL = 2.907 MKD

Convert Tunisian dinar

1 MKD = 0.055 TND

1 TND = 18.220 MKD

Convert Uruguayan peso

1 MKD = 0.763 UYU

1 UYU = 1.311 MKD

Convert Vietnamese dong

1 MKD = 496.780 VND

1 VND = 0.002 MKD

Convert Vanuatu vatu

1 MKD = 2.287 VUV

1 VUV = 0.437 MKD

Convert Samoan Tala

1 MKD = 0.053 WST

1 WST = 18.997 MKD

Convert CFA franc

1 MKD = 10.733 XAF

1 XAF = 0.093 MKD

Convert East Caribbean dollar

1 MKD = 0.051 XCD

1 XCD = 19.528 MKD

Convert Seychellois Rupee

1 MKD = 0.283 SCR

1 SCR = 3.528 MKD

Convert Swedish krona

1 MKD = 0.183 SEK

1 SEK = 5.461 MKD

Convert Saint Helena pound

1 MKD = 0.014 SHP

1 SHP = 69.998 MKD

Convert Tanzanian Shilling

1 MKD = 47.559 TZS

1 TZS = 0.021 MKD

Convert United States dollar

1 MKD = 0.019 USD

1 USD = 52.727 MKD

Convert CFP franc

1 MKD = 1.953 XPF

1 XPF = 0.512 MKD

Convert West African CFA franc

1 MKD = 10.733 XOF

1 XOF = 0.093 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.