Convert MAD to MKD — live rate

Convert Moroccan Dirhams to Macedonian Denars and compare the real cost of sending money.

MAD
MKD
1 MAD = 5.7206 MKD Mid-market rate
Updated just now
Compare transfers for MAD → MKD
No signup required FCA-regulated providers only

Historical MAD/MKD exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to MKD

1 MAD 5.72 MKD
5 MAD 28.60 MKD
10 MAD 57.21 MKD
50 MAD 286.03 MKD
100 MAD 572.06 MKD
500 MAD 2,860.30 MKD
1,000 MAD 5,720.60 MKD
5,000 MAD 28,603.00 MKD

Real cost of MAD → MKD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MAD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MAD — Moroccan Dirham
ISO Code MAD
Central Bank Bank Al-Maghrib
Common Notes 20, 50, 100, 200
Learn more about MAD
MKD — Macedonian Denar
ISO Code MKD
Symbol ден
Central Bank National Bank of the Republic of Macedonia
Common Notes ден10, ден50, ден100, ден500, ден1000, ден5000
Learn more about MKD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.