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Macedonian Bank Exchange Rates

Moneycorp

Moneycorp

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£250
0
0.50%
0.000
0.00 EUR
FCA Regulated

VFX

VFX

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£500
0
0.7%
0.000
0.00 EUR
FCA Regulated

FC Exchange

FC Exchange

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£5000
15
0.7%
0.000
0.00 EUR
FCA Regulated

Currency Solutions

Currency Solutions

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£1000
15
1%%
0.000
0.00 EUR
FCA Regulated

Worldwide Currencies

Worldwide Currencies

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£3000
0
0.7%
0.000
0.00 EUR
FCA Regulated

Macedonian Bank Exchange Rates (FYROM) - MKD - Macedonian Denar - ден. The foreign exchange rates for Macedonia (FYROM) also known as the ISO code MKD or the Macedonian Denar currency and as a symbol ден.
Coins are available in denominations of 1, 2, 5, 10 and 50 denari. Banknotes are in circulation in denominations of 10, 50, 100, 200, 500, 1000, 2000 and 5000 denari.

The Denar was first introduced in 1992 when it replaced the Yugoslav dinar at a 1:1 ratio. This Denar was reformed in 1993, with a new Denar being issued at a rate of 100 old denari = 1 new denari. The name ‘denar’ is taken from the ancient Roman monetary unit, the ‘denarius’. Send Money Transfer to Macedonian Denar.

The Macedonian denar is the legal tender and official currency of the previous (former) Yugoslav Republic of Macedonia. The rate at which the Denar is traded and exchanged in the market is a function of the supply and demand of the foreign trade. Currently, the Macedonian Denar is trading at sixty denars for 1 Euro.

Bank Exchange Rates for Macedonian Denar

The currency is coded as MKD and is strictly issued by the Republic of Macedonia's National Bank. The plural version of the Denar is Denari, and one Denar is subdivided into a hundred deni (which are no longer in use). Contrary to what is common and typical of other currencies, the Macedonian denar has no official nickname.

History of the Denar.
The original establishment of the Macedonian Denar was on 26/04/1992. This was an at par replacement of the Yugoslav dinar that was being used during the year 1990. The currency underwent another reformation in May of 1993. A brand new currency was introduced with 1 Denar equating 100 previous denari. This denar is permanent and is the one currently used in the modern-day Republic of Macedonia.

Currency Rates for Macedonian Denar

Bank Exchange Rates for Macedonia Notes and Coins.
No coins were issued after the issue of the first denar in 1992. However, following the gaining of the country's independence, several denominations of the currency were issued a few years later.
The coin variations of the denar include the 1, 2, 5, 10 and the 50 denari. Bills/ notes include the 5,000, 1,000, 500, 100, 50 and the 10 denari. In order to bring back the equilibrium of the denars circulation, the Republic of Macedonia's National Bank has put in measures which are aimed at withdrawing the 5,000 denari from the economy. 

Restrictions of the Denar.
The Macedonian Denar is strictly minted and issued by the Republic of Macedonia National Bank. No other organization or individual has the legal permission to make this currency. The currency is also used only
within the Republic of Macedonia borders. As of now, no substitutes of the currency have been issued so far. 

Bank Exchange Rates for Macedonia. The foreign exchange rates for Macedonian Denar also known as the ISO code MKD. Send a money transfer online with us with the cheapest options.

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