The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
SGD to MKD Market Data
Singapore dollar (SGD) to Macedonian denar (MKD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy MKD
1 SGD = 41.59 MKD
▲+0.1% since yesterday
30d-lows
SGD to MKD at 41.59 is just 0.7% below its 3-month average of 41.89, having traded in a very stable 4.0% range from 41.03 to 42.69
Is the SGD to MKD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Macedonian denar is to review how the SGD/MKD rate has changed over time.
The table below shows the percentage change in the SGD to MKD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/MKD
Change
Period
07 Jul 2023
41.81
1.2% ▼
2 Week
22 Apr 2023
42.06
1.8% ▼
3 Month
21 Jul 2022
43.37
4.7% ▼
1 Year
22 Jul 2018
38.62
7% ▲
5 Year
23 Jul 2013
37.03
11.6% ▲
10 Year
26 Jul 2003
30.57
35.1% ▲
20 Year
SGD/MKD historic rates & change to 21-Jul-2023
SGD to MKD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Macedonian denar across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
best Send Money conversion rate for SGD to MKD?
The best SGD to MKD exchange rate is 41.34 from Wise. This is -0.6% compared to the mid-market rate 41.59.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Macedonian denar (MKD) rates from different sources before making a conversion.
The above
Singapore dollar to Denar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-MKD mid-rate and the possible savings of using various providers.
How do SGD-MKD rates compare between providers?
Looking at the
full comparison table
the best SGD to MKD exchange rate is 41.34 from Wise, -0.6% from the mid-market rate 41.59. The next best rate is 41.18 from WorldRemit, -0.99% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Recent currency market updates and analyst forecasts indicate a complex outlook for the SGD to USD exchange rate influenced by geopolitical tensions and economic data trends.
The recent currency market updates indicate a challenging outlook for the SGD to JPY exchange rate amid escalating trade tensions and economic uncertainty.