USD to Macedonian Denar Currency Information and Conversion

Author

Reads 1.3K

Crisp twenty dollar bill featuring Andrew Jackson against black backdrop.
Credit: pexels.com, Crisp twenty dollar bill featuring Andrew Jackson against black backdrop.

The Macedonian Denar is the official currency of North Macedonia, and it's used by over 2 million people. It's divided into 100 deni.

To give you a better idea of the currency's value, 1 USD is equivalent to approximately 61.5 MKD, with a fluctuating exchange rate that can change over time.

The Macedonian Central Bank is responsible for managing the country's monetary policy and regulating the exchange rate.

Exchange Rates

The exchange rate between the US Dollar and the Macedonian Denar is a crucial aspect to consider when traveling or conducting business between the two countries.

The exchange rate varies depending on the type of transaction. For example, the interbank rate is 60.06 MKD per 1 USD, while the kiosk rate is 57.05 MKD per 1 USD.

Transfer fees can also impact the exchange rate. For instance, a 1% transfer fee would result in a rate of 59.46 MKD per 1 USD.

You can view historical exchange rates between the US Dollar and the Macedonian Denar for a specific year by clicking on one of the links below:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

Economic indicators, such as GDP growth, inflation, and interest rates, can impact the exchange rate.

Conversion

Credit: youtube.com, US Dollar to Macedonian Denar Currency Exchange Rates Today 08 JULY 2024 MKD to USD North Macedonia

You can easily convert US Dollars to Macedonian Denars using the Valuta EX Currency Converter, which currently shows an exchange rate of 60.06 USD/MKD, updated just 40 minutes ago.

To get an idea of how exchange rates have changed over time, you can view the historical rates between the US Dollar and the Macedonian Denar for a particular year by clicking on one of the links below.

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

Keep in mind that exchange rates can fluctuate rapidly, so it's always a good idea to check the current rate before making any transactions.

3-Month Historical Data

The USD to Macedonian Denar exchange rate has been quite volatile over the past three months. In fact, the rate has fluctuated by as much as 2.03% in a single week, as seen in the week of January 20-26, 2025.

The high and low points of the exchange rate have been quite close to each other, with the highest point being 60.07615700 and the lowest point being 56.53219100. The average weekly change has been around 0.5%.

Here's a breakdown of the weekly changes in the exchange rate over the past three months:

Currency Information

Credit: youtube.com, #Currency special part 49: Macedonian Denar

The exchange rate between the US Dollar and the Macedonian Denar is 60.06 MKD per USD, as of the last update 40 minutes ago.

You can quickly check the current exchange rate using the Valuta EX Currency Converter.

If you need to know the exchange rate for a specific year, you can check the US Dollar to Macedonia Denar Rates by Year, which lists rates for the years 2025 to 2016.

To get a more detailed understanding of the US Dollar or Macedonian Denar, you can visit the related Wikipedia pages, which provide information on the types of coins and banknotes, user countries, and history of the currency.

Here are the Wikipedia pages for USD and MKD:

  • USD - US Dollar on Wikipedia→
  • MKD - Macedonian Denar on Wikipedia→

Factors Affecting Exchange Rates

When you're dealing with the USD to MKD exchange rate, there are several factors that can impact its value. Economic indicators such as GDP growth can significantly influence the exchange rate.

GDP growth can have a direct impact on a country's economy, which in turn can affect the exchange rate. For instance, if a country's GDP is growing rapidly, it can lead to an increase in the value of its currency.

Credit: youtube.com, What Causes Currencies to Rise and Fall? | FX 101 (Finance Explained)

Economic indicators like inflation and interest rates also play a crucial role in determining the exchange rate. A high inflation rate can erode the value of a currency, making it less attractive to investors.

Inflation rates can be a major concern for countries, and it's essential to keep an eye on them when evaluating the exchange rate. Central bank decisions, such as interest rate changes, can also affect the exchange rate.

Central banks can influence the exchange rate by adjusting interest rates, which can impact the value of a currency. For example, if a central bank lowers interest rates, it can make borrowing cheaper and lead to an increase in the value of the currency.

Geopolitical events, such as elections and trade agreements, can also influence the exchange rate. These events can create uncertainty and affect investor confidence, leading to fluctuations in the exchange rate.

Here are some key factors that affect the exchange rate:

  • Economic indicators (GDP growth, inflation, interest rates)
  • Geopolitical events (elections, trade agreements)
  • Central bank decisions (interest rate changes)

Frequently Asked Questions

What is the USD to MKD forecast?

Our forecast predicts the USD to MKD exchange rate will be approximately 59.17 in 12 months. This estimate is based on current market trends and conditions.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.