Status : Macedonia - Denar. Exchange rate pegged to the euro : 1EUR= MKD 61.50.
Historical data : Macedonia - Denar. Introduction of the Denar on May 10, 1993.
The Denar is pegged to the Euro at EUR 1 = MKD 61.50. The Former Yugoslav Republic (FYR) Macedonia succeeded in maintaining the de facto exchange rate peg against the backdrop of large fluctuations in monetary aggregates.