The MKD/USD pair shows how many US dollars one Macedonian denar buys, reflecting North Macedonia's trade and financial ties with the United States.
The curve shows the change in one unit of MKD expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 19 observations
The MKD/USD exchange rate represents the value of the Macedonian denar against the US dollar. This directed pair indicates how many US dollars are needed to purchase one Macedonian denar. It is used by businesses, investors, and travelers engaged in transactions between North Macedonia and the United States. An appreciation of the denar means it strengthens relative to the dollar, making Macedonian goods more expensive for US buyers and reducing the cost of US imports for North Macedonia.
Structural drivers of the MKD/USD rate include the monetary policies of the National Bank of the Republic of North Macedonia and the US Federal Reserve. Interest rate differentials, inflation trends, and economic growth in both countries influence the pair. North Macedonia's economy is sensitive to trade flows, foreign direct investment, and remittances, while the US dollar is shaped by global risk sentiment, commodity prices, and capital flows. Tourism and exports of goods such as textiles and metals also affect demand for the denar.
Over the past several years, the MKD/USD rate has experienced fluctuations driven by global economic conditions and domestic factors. The denar has generally been managed within a narrow band against the euro, which indirectly influences its value against the dollar. Periods of global uncertainty have led to dollar strength, while improvements in North Macedonia's economic outlook have supported the denar. The pair remains sensitive to changes in investor sentiment and policy decisions by both central banks.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,01874766 | +0% | |
| 0,01874766 | -0.75% | |
| 0,01888907 | +0.94% | |
| 0,01871258 | +0% | |
| 0,01871258 | -0.84% | |
| 0,01887122 | +0.57% | |
| 0,01876381 | +0.61% | |
| 0,01864969 | +0.16% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.