1 GHS to MKD - Convert Ghanaian Cedi to Macedonian Denar

Looking at the 30-day window, the GHS/MKD pair traded in a range of 4.5176 to 4.7851. The monthly average was 4.6298 with 1.58% volatility. The relatively low volatility indicates stable trading conditions for the GHS/MKD currency pair.

The current mid-market exchange rate is 1 GHS = 4.7749 MKD, updated as of July 3, 2026, 2:25 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Ghanaian Cedi to Macedonian Denar Exchange Rate

The GHS/MKD exchange rate tells you how many Macedonian Denar (MKD) you receive for every Ghanaian Cedi (GHS). At the current mid-market rate of 1 GHS = 4.7749 MKD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the GHS to MKD Rate

Exchange rates between Ghanaian Cedi and Macedonian Denar are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the GHS/MKD rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best GHS to MKD Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Historical GHS/MKD Trends

The GHS/MKD exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from GHS to MKD

International money transfers from Ghanaian Cedi to Macedonian Denar can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Macedonian Denar Overview

The North Macedonian Denar (MKD) is the official currency of North Macedonia, maintained at approximately 61.5 per euro through central bank management. North Macedonia is an EU candidate. The MKD exchange rate against GHS reflects relative economic conditions between the two currency areas.