Macedonian Denar
a.k.a. MKD
The currency of North Macedonia, kept closely in line with the euro by its central bank.
In plain English
The currency of North Macedonia, kept closely in line with the euro by its central bank.
The Macedonian denar (MKD) is the money of North Macedonia in the Balkans. Its central bank steers it to stay very stable against the euro, so in practice it moves almost in lockstep with EUR. That makes it a quiet currency for traders: most of its moves against the dollar are really the euro moving.
Keep this word for good
Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.