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Macedonian Denar (MKD)

The Macedonian Denar is the primary currency of Macedonia. This currency is used by an estimated 2,082,958 people. Based on our estimate, Macedonian Denar is the #121 most popular currency is the world.

The currency code for the Macedonian Denar is "MKD". The ISO 4217 number for this currency is 807. The currency symbol for the Denar is "ден".

Macedonian Denar conversion rates, useful facts, and holiday schedule can be found below.

MKD Currency Demographics

The primary country using the Macedonian Denar is Macedonia.

There are approximately 2,082,958 people around the world who use the Macedonian Denar. The Macedonian Denar is the #121 most used widely currency is the world.

2,082,958 user population
Ranked #121 in the world

MKD Exchange Rates

1 Macedonian Denar equals:

Australian Dollar


Inverse: ден34.30


Inverse: ден61.78
British Pound


Inverse: ден70.16
Indian Rupee


Inverse: ден0.75
Japanese Yen


Inverse: ден0.53
US Dollar


Inverse: ден57.18

† Rates last updated at 11 minutes ago

‡ Rates are the interbank rate and are only available on large transactions

MKD Currency Facts

MKD Details

ISO 4217 CodeMKD
ISO 4217 Number807
Unit NameDenar
Currency NicknamesN.a.

MKD Denominations

Minor Unit NameN.a.
Minor Unit Symbol N.a.
Minor Units2
Frequently Used banknotesден10, ден50, ден100, ден500, ден1000, ден5000
Rarely Used BanknotesN.a.
Frequently Used Coinsден1, ден2, ден5, ден10, ден50
Rarely Used CoinsN.a.

MKD Issuance

Central BankNational Bank of the Republic of Macedonia
Central Bank Website

World Bank Statistics

Estimated User Population2,082,958 people
Population Rank#121
MKD Inflation Rate1.46%
Inflation Rank#88

† Population and Inflation rate as based on data from the World Bank.

‡ Corrections or suggestions? Please contact us.

2020 MKD Currency Holidays

Based on holidays observed by the National Bank of the Republic of Macedonia. On these dates banks and payment systems may be closed. Settlement in Macedonian Denar may also be closed on these dates.

New Year's Day January 1, 2020 Closed
Christmas Eve January 6, 2020 Closed
Christmas January 7, 2020 Closed
Epiphany January 19, 2020 Closed
Good Friday April 17, 2020 Closed
Easter Monday April 20, 2020 Closed
Labour Day May 1, 2020 Closed
Ramazan Bajram May 24, 2020 Closed
Sts. Cyril and Methodius Day May 25, 2020 Closed
Friday before Duhovden June 5, 2020 Closed
Ilinden August 3, 2020 Closed
Dormition of the Virgin August 28, 2020 Closed
Independence Day September 8, 2020 Closed
People's Uprising Against Fascism October 12, 2020 Closed
Macedonian Revolutionary Struggle October 23, 2020 Closed
St. Clement of Ohrid Day December 8, 2020 Closed

MKD Currency History

The Macedonian Denar was created in July 1993. The table below shows the history of currencies that ultimately became the Macedonian Denar.

Currency Active Replaced By
Old Macedonian denar (MKN) April 1992 to June 1993 MKD