1 MKD to SGD - Convert Macedonian Denar to Singapore Dollar

Looking at the 30-day window, the MKD/SGD pair traded in a range of 0.023600 to 0.025200. The monthly average was 0.024381 with 1.93% volatility. This downward movement of 2.4% suggests significant momentum in the MKD/SGD exchange rate.

The current mid-market exchange rate is 1 MKD = 0.023870 SGD, updated as of July 3, 2026, 11:00 AM 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 Singapore Dollar Exchange Rate

The MKD/SGD exchange rate tells you how many Singapore Dollar (SGD) you receive for every Macedonian Denar (MKD). At the current mid-market rate of 1 MKD = 0.023870 SGD, 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 SGD Rate

Exchange rates between Macedonian Denar and Singapore 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/SGD rate fluctuates throughout trading sessions and over longer time periods.

Historical MKD/SGD Trends

The MKD/SGD 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 MKD to SGD

International money transfers from Macedonian Denar to Singapore Dollar 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.

Mid-Market Rate Explained

The mid-market rate of 1 MKD = 0.023870 SGD 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: SGD to MKD

The reverse exchange rate is 1 SGD = 41.8936 MKD. This is useful if you are starting with Singapore 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 SGD to MKD converter for the reverse direction.