Macedonian Denar (MKD) Exchange Rates on 23rd May 2017 (23/05/2017)

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Exchange rates for Macedonian Denar (MKD)

Updated: 2017-05-23
Convert from Convert to 1 MKD Conversion in currency Conversion
MKD GBP 0.013 MKD to GBP 77.0415 GBP to MKD
MKD BGN 0.0319 MKD to BGN 31.3 BGN to MKD
MKD HRK 0.1242 MKD to HRK 8.0539 HRK to MKD
MKD CZK 0.4496 MKD to CZK 2.224 CZK to MKD
MKD DKK 0.1212 MKD to DKK 8.2477 DKK to MKD
MKD EEK 0 MKD to EEK 0 EEK to MKD
MKD HUF 5.1181 MKD to HUF 0.1954 HUF to MKD
MKD KZT 3.8309 MKD to KZT 0.261 KZT to MKD
MKD LVL 0.0114 MKD to LVL 87.3826 LVL to MKD
MKD LTL 0.0562 MKD to LTL 17.7796 LTL to MKD
MKD MKD 1 MKD to MKD 1 MKD to MKD
MKD MDL 0.301 MKD to MDL 3.3224 MDL to MKD
MKD NOK 0.1343 MKD to NOK 7.4453 NOK to MKD
MKD PLN 0.0684 MKD to PLN 14.6265 PLN to MKD
MKD RON 0.072 MKD to RON 13.8961 RON to MKD
MKD RUB 0.7905 MKD to RUB 1.265 RUB to MKD
MKD SKK 0 MKD to SKK 0 SKK to MKD
MKD SEK 0.1501 MKD to SEK 6.6623 SEK to MKD
MKD CHF 0.0197 MKD to CHF 50.7605 CHF to MKD
MKD TRY 0.0463 MKD to TRY 21.5811 TRY to MKD
MKD UAH 0.2732 MKD to UAH 3.6602 UAH to MKD
Updated: 2017-05-23
Convert from Convert to 1 MKD Conversion in currency Conversion
MKD ARS 0.1769 MKD to ARS 5.6539 ARS to MKD
MKD BOB 0.1454 MKD to BOB 6.8759 BOB to MKD
MKD BRL 0.0482 MKD to BRL 20.7539 BRL to MKD
MKD CAD 0.0233 MKD to CAD 42.9923 CAD to MKD
MKD KYD 0.0173 MKD to KYD 57.9389 KYD to MKD
MKD CLP 12.4004 MKD to CLP 0.0806 CLP to MKD
MKD COP 41.58 MKD to COP 0.0241 COP to MKD
MKD CRC 11.406 MKD to CRC 0.0877 CRC to MKD
MKD DOP 0.9194 MKD to DOP 1.0877 DOP to MKD
MKD SVC 0.1841 MKD to SVC 5.4315 SVC to MKD
MKD FJD 0.0389 MKD to FJD 25.7367 FJD to MKD
MKD HNL 0.4452 MKD to HNL 2.2464 HNL to MKD
MKD JMD 2.3689 MKD to JMD 0.4221 JMD to MKD
MKD MXN 0.2783 MKD to MXN 3.5938 MXN to MKD
MKD ANG 0.0377 MKD to ANG 26.5418 ANG to MKD
MKD PYG 90.3855 MKD to PYG 0.0111 PYG to MKD
MKD PEN 0.0601 MKD to PEN 16.641 PEN to MKD
MKD TTD 0.1336 MKD to TTD 7.4841 TTD to MKD
MKD USD 0.021 MKD to USD 47.5098 USD to MKD
MKD UYU 0.51 MKD to UYU 1.9608 UYU to MKD
MKD VEF 0.1323 MKD to VEF 7.556 VEF to MKD
Updated: 2017-05-23
Convert from Convert to 1 MKD Conversion in currency Conversion
MKD AUD 0.0231 MKD to AUD 43.1995 AUD to MKD
MKD BDT 1.6301 MKD to BDT 0.6135 BDT to MKD
MKD BND 0.0266 MKD to BND 37.6122 BND to MKD
MKD CNY 0.129 MKD to CNY 7.7504 CNY to MKD
MKD INR 1.2809 MKD to INR 0.7807 INR to MKD
MKD IDR 249.8364 MKD to IDR 0.004 IDR to MKD
MKD JPY 2.2535 MKD to JPY 0.4437 JPY to MKD
MKD MYR 0.0672 MKD to MYR 14.8794 MYR to MKD
MKD MVR 0.3235 MKD to MVR 3.0911 MVR to MKD
MKD NPR 2.0532 MKD to NPR 0.487 NPR to MKD
MKD NZD 0.0258 MKD to NZD 38.8008 NZD to MKD
MKD PKR 2.1532 MKD to PKR 0.4644 PKR to MKD
MKD PGK 0.0521 MKD to PGK 19.194 PGK to MKD
MKD PHP 0.9243 MKD to PHP 1.0819 PHP to MKD
MKD SCR 0.2732 MKD to SCR 3.6608 SCR to MKD
MKD SGD 0.0263 MKD to SGD 38.0471 SGD to MKD
MKD KRW 21.8207 MKD to KRW 0.0458 KRW to MKD
MKD LKR 2.7421 MKD to LKR 0.3647 LKR to MKD
MKD TWD 0.6322 MKD to TWD 1.5817 TWD to MKD
MKD THB 0.6773 MKD to THB 1.4764 THB to MKD
Updated: 2017-05-23
Convert from Convert to 1 MKD Conversion in currency Conversion
MKD BHD 0.0079 MKD to BHD 125.9874 BHD to MKD
MKD EGP 0.1505 MKD to EGP 6.6424 EGP to MKD
MKD HKD 0.1631 MKD to HKD 6.1299 HKD to MKD
MKD ILS 0.0764 MKD to ILS 13.089 ILS to MKD
MKD JOD 0.0149 MKD to JOD 67.0475 JOD to MKD
MKD KWD 0.006 MKD to KWD 165.8111 KWD to MKD
MKD LBP 31.846 MKD to LBP 0.0314 LBP to MKD
MKD OMR 0.0081 MKD to OMR 123.4181 OMR to MKD
MKD QAR 0.0767 MKD to QAR 13.0461 QAR to MKD
MKD SAR 0.0789 MKD to SAR 12.6666 SAR to MKD
MKD AED 0.0773 MKD to AED 12.9342 AED to MKD
MKD YER 4.5234 MKD to YER 0.2211 YER to MKD
Updated: 2017-05-23
Convert from Convert to 1 MKD Conversion in currency Conversion
MKD DZD 1.7028 MKD to DZD 0.5873 DZD to MKD
MKD KES 1.8712 MKD to KES 0.5344 KES to MKD
MKD MUR 0.6672 MKD to MUR 1.4987 MUR to MKD
MKD MAD 0.1813 MKD to MAD 5.5153 MAD to MKD
MKD NAD 0.2308 MKD to NAD 4.3326 NAD to MKD
MKD NIO 0.5516 MKD to NIO 1.813 NIO to MKD
MKD NGN 3.4267 MKD to NGN 0.2918 NGN to MKD
MKD SLL 91.9777 MKD to SLL 0.0109 SLL to MKD
MKD ZAR 0.231 MKD to ZAR 4.3283 ZAR to MKD
MKD TZS 35.0133 MKD to TZS 0.0286 TZS to MKD
MKD TND 0.0372 MKD to TND 26.9177 TND to MKD
MKD UGX 54.8304 MKD to UGX 0.0182 UGX to MKD
MKD XOF 10.6893 MKD to XOF 0.0936 XOF to MKD
MKD ZMK 110.7846 MKD to ZMK 0.009 ZMK to MKD



Macedonian Denar (MKD)

Sign ден
1 Macedonian Denar is subdivided into 100 deni.

The Republic of Macedonia is located in the central Balkan Peninsula in Southeastern Europe. Macedonia is a landlocked country and borders Serbia, Bulgaria, Albania, Kosovo and Greece. The climate in Macedonia is transitional from continental to Mediterranean. The summers in the country are dry and hot while the winters are fairly cold. Precipitation varies but is much heavier and more frequent in the mountain areas in the western region of the country.

Coins used:
50 deni, 1, 2, 5, 10, 50 denari

Banknotes used:
10, 50, 100, 500, 1000, 5000 denari

Central Bank
National Bank of the Republic of Macedonia
http://www.nbrm.mk
The official currency for Macedonia is the Macedonian denar. The denar is subdivided into 100 deni. The Macedonian denar was introduced in 1992. When first introduced, the denar was equivalent to the Yugoslavian Convertible dinar. In 1993, the denar was reformed. The current exchange rate regime is in the Former Yugoslav Republic of Macedonia and is considered to be a managed float.

The denars exchange rate is determined on the basis of supply and demand from foreign exchange markets. The denar exchange rate against the euro serves as fundamental monetary policy for the Former Yugoslav Republic of Macedonia. In 2005, the exchange rates were 61 denars to one euro. Money supply and interest rates are dictated by this exchange rate which has remained fairly steady since 2005.

The name for the Macedonian denar comes from the denarius, an ancient monetary unit from Rome. The very first denar was introduced in 1992 and replaced the Yugoslav dinar that was introduced in 1990. The currency was again reformed in 1993 making one new denar equal to 100 old denar. There were no coins issued for the first introduced denar. Coins for the new denar were introduced in 1993 and came in denominations of 1, 2, and 5 denari. 50 deni were also introduced but these are no longer being made. 10 and 50 denari coins are now in circulation as well.

Banknotes in denominations of 10, 25, 50, 100, 500, 1000, 5000 and 10000 denari were introduced in 1992 for the first denar. In 1993 however, the new denar was issued. Denominations now include 10, 20, 50, 100 and 500. 20 denari was issued only in the first series of banknotes. 1000 and 5000 denari banknotes were introduced in 1996. Banknotes are issued by the National Bank of the Republic of Macedonia.

In 2002, a village in the south-western area of Macedonia, Vevcani, issued its own currency. The Licnik was distributed as a souvenir only and has no monetary value in Macedonia. The currency is labeled clearly as just a specimen and cannot be used to purchase goods in the country.

Other References
Wikipedia article on Macedonian Denar
XE.com Live Currency Converter for MKD

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