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USD to MKD - Compare Exchange Rates

United States Dollar to Macedonian Denar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to MKD interbank exchange rate = 54.7057

Right now the USD/MKD interbank exchange rate is 54.7057. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Macedonian Denar to United States Dollar.

This USD/MKD Converter calculates equivalent United States Dollar to Macedonian Denar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / MKD converter & margin calculator


$USD
денMKD
Mid-rates:
 

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Sending USD->MKD we recommend:

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1 Week USD to MKD
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United States Dollar

Macedonian Denar

1 USD 54.71 MKD
5 USD 273.53 MKD
10 USD 547.06 MKD
20 USD 1,094.11 MKD
50 USD 2,735.29 MKD
100 USD 5,470.57 MKD
250 USD 13,676.43 MKD
500 USD 27,352.85 MKD
1,000 USD 54,705.70 MKD
2,000 USD 109,411.40 MKD
5,000 USD 273,528.50 MKD
10,000 USD 547,057.00 MKD
50,000 USD 2,735,285.00 MKD
100,000 USD 5,470,570.00 MKD
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United States Dollar

Macedonian Denar

0.0183 USD 1 MKD
0.0914 USD 5 MKD
0.1828 USD 10 MKD
0.3656 USD 20 MKD
0.9140 USD 50 MKD
1.8280 USD 100 MKD
4.5700 USD 250 MKD
9.1400 USD 500 MKD
18.28 USD 1,000 MKD
36.56 USD 2,000 MKD
91.40 USD 5,000 MKD
182.80 USD 10,000 MKD
914.00 USD 50,000 MKD
1,828.00 USD 100,000 MKD
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United States Dollar to Macedonian Denar (USD-MKD) - 10 Year History

The below table shows the historic variation in the USD/MKD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 201954.7057Latest
13 Apr 201954.46501 Week+0.44%
21 Mar 201954.11891 Month+1.08%
22 Oct 201853.60896 Months+2.05%
20 Apr 201850.11201 Year+9.17%
20 Apr 201757.47102 Years-4.81%
21 Apr 201444.56795 Years+22.75%
22 Apr 200947.396610 Years+15.42%

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

The USD/MKD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / MKD was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market USD/MKD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to MKD exchange rate

  1. Know the latest USD/MKD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Macedonian Denar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs MKD, you should pay attention to both United States Dollar and Macedonian Denar news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Macedonian Denar (MKD) - Market news and forecasts

No recent Macedonian Denar market updates.