1. Exchange Rates
  2. Macedonian denar (MKD)
  3. New Zealand dollar (NZD)

Convert MKD to NZD at Best Exchange Rates

There are three amounts that you need to understand if you are to have any chance of getting the best possible MKD to NZD rate, these are :

  1. The MKD/NZD foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 Macedonian denar equals
New Zealand dollar 1=

Right now the MKD/NZD market rate is and represents how many New Zealand dollar you can get for one Macedonian denar. You can calculate with the current mid-rate using our MKD to NZD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same MKD/NZD market rate I see on Google or in the Media?

When you look up the current Macedonian denar to New Zealand dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great MKD to NZD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below MKD to NZD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Macedonian denar cross rates and reviews of leading foreign exchange providers versus the Banks.

MKD to NZD mid-rate calculator

1 MKD equals

Compare rates for: Currency Exchange or Foreign Transfers
Loading MKD/NZD Chart

New Zealand dollar - market update

In mid-February, against the US dollar, the New Zealand dollar has once again met significant resistance at 0.744. The kiwi rallied strongly throughout late 2017 and again in January but has now failed at this level for the third time in five months. When last seen, NZD/USD had been pushed back to the high 0.73s.

In recent months, the New Zealand dollar has been stronger than the Australian dollar, with NZD/AUD climbing 5.5% between late October and mid-February to a six-month high of 0.935.

Monetary policy expectations and commodities prices will be important drivers of the New Zealand dollar this year. In February, New Zealand's interest rate was left on hold and the Reserve Bank of New Zealand once again signalled that no increase was forthcoming (none before the middle of 2019). Commodities prices greatly effect the Australian dollar, which in turns pulls on the kiwi.

Forecasts: At the turn of the year, ABN Amro predicted that the New Zealand dollar would end 2018 buying 0.675 US Dollars and 0.9 Australian dollars.

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