MKD to USD - Macedonian Denar to US Dollar Converter

Convert Macedonian Denar to US Dollar with real-time exchange rates

1 MKD = ~0.0191 USD (rates vary)

Quick Insight

MKD to USD moves with macro trends and policy signals; rough estimates stay useful for budgeting.

Check policy statements and set rate alerts for timely estimates.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common MKD - USD Conversions

Forex Market Hours

Sydney

22:00 - 07:00 UTC

Closed

Tokyo

00:00 - 09:00 UTC

Closed

London

08:00 - 17:00 UTC

Closed

New York

13:00 - 22:00 UTC

Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls

First Friday of month

High Impact

USD pairs

ECB Rate Decision

Every 6 weeks

Medium Impact

EUR pairs

Tips & Recommendations

1Avoid airport exchange bureaus - markups can reach 10-15%
2Use ATMs with local bank cards for near mid-market rates
3Pay in local currency to avoid dynamic currency conversion (DCC)
4Notify your bank before travel to prevent card blocks

Frequently Asked Questions

Key drivers include central bank policy, inflation gaps, trade balances, energy costs, and global dollar strength. Market expectations and political events also shape sentiment and liquidity in this cross-rate.

Economic Context

Trading Relationship

The MKD to USD pair reflects North Macedonia's trade and financial linkages with global markets. With USD pricing in some imports and USD-denominated revenue for select sectors, rate movements influence margins and cash flows.

Key Rate Factors

•National Bank policy and inflation control
•Federal Reserve actions and dollar strength
•US-Macedonia trade balances and tariffs
•Eurozone forces and euro exposure
•Global risk sentiment and safe-haven demand for USD

Central Banks

National Bank of the Republic of North Macedonia

Skopje, North Macedonia

Sets monetary policy and manages currency stability through interest rates, liquidity tools, and market interventions.

Federal Reserve System

Washington, D.C., USA

The US central bank. Sets interest rates, manages inflation, and acts as lender of last resort for American banks.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates