1. Exchange Rates
  2. Macedonian denar (MKD)
  3. Singapore dollar (SGD)

Convert MKD to SGD 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 SGD rate, these are :

  1. The MKD/SGD 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
Singapore dollar 1=


Right now the MKD/SGD market rate is and represents how many Singapore dollar you can get for one Macedonian denar. You can calculate with the current mid-rate using our MKD to SGD 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/SGD market rate I see on Google or in the Media?

When you look up the current Macedonian denar to Singapore 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 SGD 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 SGD 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 SGD mid-rate calculator

ден
$
1 MKD equals
SGD 1MKD=SGD


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

Singapore dollar - market update

In 2018, Singapore developments and economic data have been less of a driver of SGD FX rates, with most simply following the broader market(s).

In January, after breaking significant technical support at 1.335, USD/SGD fell to 1.3 for the first time since 2014. Then, in line with the broader market for dollar pairs, USD/SGD rallied by mid-February into the high 1.31s. 1.335 remains a significant technical level in this pair.

Against a very strong Japanese yen, SGD lost nearly 4% of its value in the first seven weeks of the year; however, this was once again in line with the broad moves in yen pairs. In mid-February, SGD bought roughly 81 yen.

Against the euro, SGD continues to lose value in 2018, as it did in 2017. SGD weakened in early February to 1.645 per euro – its weakest level in two-and-a-half years.

The team at TradingEconomics.com is forecasting SGD weakness ahead. It sees the currency weakening to 1.38 per US dollar before the end of the year.

Best Exchange Rates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers


Wynyard Green, 4 & 5/11 York St, Sydney NSW 2000

Disclaimer | Copyright | Privacy Statement


DISCLAIMER

Best Exchange Rates is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking Best Exchange Rates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with Best Exchange Rates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

Best Exchange Rates may receive fees or other benefits in relation to activity on the Best Exchange Rates website. Best Exchange Rates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service



COPYRIGHT

This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.