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 September 2026. For that period, the average exchange rate for North Macedonia was 50.8472 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 53.4061 Macedonian Denars per USD, a change of 0.7% from the previous data point of 53.0362 Macedonian Denars per USD and a change of 1.79% from a year ago when the level was 52.4688 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
  • 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.
  • Source: Google Finance

Recent values North Macedonia: USD Exchange rate
2026  Sep 53.4061
2026  Aug 53.0362
2026  Jul 53.9267
2026  Jun 53.5871
2026  May 52.7709
2026  Apr 52.7571
2026  Mar 53.257
2026  Feb 52.1161


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Other resources:

All indicators for North Macedonia

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Inflation 4.1 2025 percent
 Exchange rate regimes 6 2023 index points
 USD exchange rate 53.4061 9/2026 Local Currency Units per USD
 Money supply (broad money) 389.62 6/2026 billion
 Consumer Price Index (CPI) 104.6600 9/2026 index points
 Inflation, monthly 0.51 9/2026 percent
 Inflation, annual 3.50 9/2026 percent
 Food and beverages inflation 6.70 4/2026 percent
 Alcohol and tobacco inflation 9.10 4/2026 percent
 Energy price inflation 8.70 4/2026 percent
 Transport services inflation 7.60 4/2026 percent
 Services inflation 4.30 4/2026 percent
 Information and communication inflation 2.80 4/2026 percent
 Restaurant and accommodation services inflation 4.60 4/2026 percent
 Health care inflation 2.40 4/2026 percent
 Education services inflation 1.80 4/2026 percent
 Clothing and footwear inflation 1.80 4/2026 percent
 Housing inflation 8.30 4/2026 percent
 Private sector credit 579.05 6/2026 billion
 Business credit 284.62 6/2026 billion
 Household credit 294.42 6/2026 billion
 Mortgage credit 117.87 6/2026 billion
 Consumer credit 176.55 6/2026 billion
 Deposit interest rate 2.62 6/2026 percent
 Business credit interest rate 4.35 6/2026 percent
 Mortgage credit interest rate 3.53 6/2026 percent
 Policy rate 4.25 8/2026 percent
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