North Macedonia: USD exchange rate

* indicates monthly or quarterly data series
The currency chart for North Macedonia shows historical data for the Macedonian Denars per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Macedonian Denars per USD. Depreciation implies that goods from North Macedonia become cheaper to export and it becomes cheaper for foreigners to visit North Macedonia.

The series for North Macedonia are available from September 2004 to January 2025. For that period, the average exchange rate for North Macedonia was 50.6186 Macedonian Denars per USD with a minimum of 39.0083 Macedonian Denars per USD in July 2008 and a maximum of 62.6954 Macedonian Denars per USD in October 2022. The most recent available data point is 59.4265 Macedonian Denars per USD, a change of 1.16% from the previous data point of 58.745 Macedonian Denars per USD and a change of 5.36% from a year ago when the level was 56.4041 Macedonian Denars per USD.

Currency values in North Macedonia and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series

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  • Measure: Macedonian Denars per USD
  • Source: Google Finance

Recent values North Macedonia: USD Exchange rate
2025  Jan 59.4265
2024  Dec 58.745
2024  Nov 57.9055
2024  Oct 56.4921
2024  Sep 55.3957
2024  Aug 55.8613
2024  Jul 56.713
2024  Jun 57.198


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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

 Related indicators Latest Reference Measure
 Inflation 9.4 2023 percent
 Exchange rate regimes 6 2022 index points
 USD exchange rate 59.4265 1/2025 Local Currency Units per USD
 Money supply (broad money) 339.46 12/2024 billion
 Consumer Price Index (CPI) 146.0300 12/2024 index points
 Inflation, monthly -0.08 12/2024 percent
 Inflation, annual 5.65 12/2024 percent
 Private sector credit 431.73 9/2023 billion
 Business credit 209.15 1/2024 billion
 Household credit 225.54 9/2023 billion
 Mortgage credit 81.25 9/2023 billion
 Consumer credit 144.29 9/2023 billion
 Deposit interest rate 2.60 11/2024 percent
 Business credit interest rate 5.03 11/2024 percent
 Mortgage credit interest rate 4.07 11/2024 percent
 Policy rate 5.55 12/2024 percent
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