Macedonian Denar

The Macedonian Denar decreased to 44.59 in April from 44.74 in March of 2014. Macedonian Denar averaged 45.60 from 2003 until 2014, reaching an all time high of 51.25 in October of 2005 and a record low of 38.10 in July of 2008. The USDMKD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the MKD. While the USDMKD spot exchange rate is quoted and exchanged in the same day, the USDMKD forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Macedonian Denar - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
44.59 44.74 51.25 38.10 44.58 | 2014/05 2003 - 2014 Daily

TO

Macedonian Denar
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Markets Last Previous Highest Lowest Forecast Unit
Currency 44.59 2014-04-23 44.74 51.25 38.10 44.58 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Macedonia Balance of Trade at -181811.00 USD Thousands  
Macedonia recorded a trade deficit of 181811 USD Thousands in February of 2014. Balance of Trade in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Current Account at -22.90 USD Million  
Macedonia recorded a Current Account deficit of 22.90 USD Million in January of 2014. Current Account in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Changes in Inventories at 29519.00 MKD Million  
Changes in Inventories in Macedonia increased to 29519 MKD Million in 2012 from 25850 MKD Million in 2011. Changes in Inventories in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Price Index (CPI) at 100.56 Index Points  
Consumer Price Index (CPI) in Macedonia decreased to 100.56 Index Points in March of 2014 from 100.73 Index Points in February of 2014. Consumer Price Index (CPI) in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Spending at 90372.00 MKD Million  
Consumer Spending in Macedonia increased to 90372 MKD Million in the fourth quarter of 2013 from 89925 MKD Million in the third quarter of 2013. Consumer Spending in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Employed Persons at 685479.00  
The number of employed persons in Macedonia increased to 685479 in the fourth quarter of 2013 from 682448 in the third quarter of 2013. Employed Persons in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Exports at 376474.00 USD Thousands  
Exports in Macedonia increased to 376474 USD Thousands in February of 2014 from 320416 USD Thousands in January of 2014. Exports in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia GDP Constant Prices at 127842.00 MKD Million  
GDP Constant Prices in Macedonia increased to 127842 MKD Million in the fourth quarter of 2013 from 123246 MKD Million in the third quarter of 2013. GDP Constant Prices in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia GDP Deflator at 100.13 Percent  
GDP Deflator in Macedonia decreased to 100.13 percent in 2012 from 103.10 percent in 2011. GDP Deflator in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Government Budget Value at -5669.00 MKD Million  
Macedonia recorded a government budget deficit of 5669 MKD Million in February of 2014. Government Budget Value in Macedonia is reported by the Ministry of Finance of the Republic of Macedonia.
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