1 MKD to KYD - Convert Macedonian Denar to Cayman Islands Dollar

Looking at the 30-day window, the MKD/KYD pair traded in a range of 0.015200 to 0.016200. The monthly average was 0.015715 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the MKD/KYD currency pair.

The current mid-market exchange rate is 1 MKD = 0.015389 KYD, updated as of July 3, 2026, 7:54 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.

Macedonian Denar to Cayman Islands Dollar Exchange Rate

The MKD/KYD exchange rate tells you how many Cayman Islands Dollar (KYD) you receive for every Macedonian Denar (MKD). At the current mid-market rate of 1 MKD = 0.015389 KYD, 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 MKD to KYD Rate

Exchange rates between Macedonian Denar and Cayman Islands Dollar 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 MKD/KYD rate fluctuates throughout trading sessions and over longer time periods.

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. Understanding the fundamentals behind MKD helps contextualize its exchange rate movements against KYD and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 MKD = 0.015389 KYD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: KYD to MKD

The reverse exchange rate is 1 KYD = 64.9815 MKD. This is useful if you are starting with Cayman Islands Dollar and want to know how much Macedonian Denar you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated KYD to MKD converter for the reverse direction.