Currency in North Macedonia – The Macedonian Denar (MKD)

The official currency of North Macedonia is the Macedonian Denar, abbreviated internationally as MKD.

What Does the Macedonian Denar Look Like?

Macedonian banknotes currently in circulation include denominations of:

• 10 denari
• 50 denari
• 100 denari
• 200 denari
• 500 denari
• 1,000 denari
• 2,000 denari

Coins in use include:

• 1 denar
• 2 denari
• 5 denari
• 10 denari
• 50 denari

One Macedonian denar is subdivided into 100 deni.

Unique Features of Macedonian Banknotes

Macedonian banknotes are known for their rich artistic design, drawing heavily from the country’s archaeological heritage, religious art, and cultural history rather than focusing primarily on modern political figures.

• The 10 denari note features ancient artifacts and motifs from early Macedonian history.
• The 50 denari note showcases decorative elements inspired by traditional Macedonian art and textiles.
• The 100 denari note highlights medieval frescoes and religious artwork found in historic churches.
• The 200 denari note depicts significant archaeological discoveries from ancient settlements.
• The 500 denari note features imagery connected to the Church of St. Panteleimon, known for its Byzantine frescoes.
• The 1,000 denari note includes motifs inspired by icons and manuscripts from the Monastery of St. John the Theologian.
• The 2,000 denari note highlights traditional Macedonian patterns and cultural symbolism.

Modern Macedonian banknotes are printed on high-quality paper and incorporate advanced security features such as:

• Watermarks and security threads
• Colour-shifting inks
• Microprinting and detailed artistic engravings

How Much is the Macedonian Denar Worth?

The Macedonian denar is considered a stable currency within the region and is managed by the country’s central bank to maintain price stability.

You can find the current exchange rate for the Macedonian Denar at the top of this page in the “Exchange Rate” section.

You can follow the live MKD rate in the "Currencies" tab or visit our live exchange charts page.