USD/MKD

Market Open
15 Jun, 09:50
ден
53. 48
+0.618008
+1.169%
ден
10 Volume
ден 52.865967
Previous Close
Add Transaction
Day Range
52.673717 52.761588
Year Range
50.560931 55.634996
Want to track USDMKD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

USDMKD Overview

USDMKD denotes the exchange rate quoting how many Macedonian denars (MKD) are required to purchase one United States dollar (USD). It tracks the relative value of the U.S. unit of account versus North Macedonia’s national currency and is used to price cross-border transactions, remittances and financial contracts.

The United States dollar (USD) is the official currency of the United States and widely used as a global reserve currency. Issued and regulated by the Federal Reserve, the dollar serves international trade, capital markets and central bank reserves across regions.

The Macedonian denar (MKD) is the national currency of the Republic of North Macedonia and is issued by the National Bank of the Republic of North Macedonia (NBRM). The denar is used for domestic transactions and monetary policy operations within North Macedonia’s economy.

Movements in USDMKD are determined by supply and demand in forex markets and by macroeconomic differentials such as interest rates and inflation. Central bank actions, capital flows, trade balances and geopolitical developments also influence the pair’s direction and volatility.

Market participants, multinational firms and investors monitor USDMKD for purposes of trade settlement, hedging local currency exposure and speculative positioning, as shifts in the rate affect import/export costs and financial returns.

USDMKD Chart

USDMKD FAQ

What is the current USD/MKD price?

The current rate is ден53.483975, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the USD/MKD rate changed today?

The rate has changed by +0.618008 (+1.169%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was ден52.865967, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is USD/MKD moving up or down?

Movements in USD/MKD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+1.169%) is based on the difference between the current rate and the previous closing rate.

Is USD/MKD trending up or down right now?

If the current rate (ден53.483975) is above the previous close (ден52.865967), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for USD/MKD directly on this page.