North Macedonia Exchange Rates and Real Effective Exchange Rates
Macedonia MK: DEC Alternative Conversion Factor: per USD
MK: DEC Alternative Conversion Factor: per USD data was reported at 54.666 MKD/USD in 2017. This records a decrease from the previous number of 55.732 MKD/USD for 2016. MK: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 47.188 MKD/USD from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 68.037 MKD/USD in 2001 and a record low of 0.113 MKD/USD in 1990. MK: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macedonia – Table MK.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
Last | Frequency | Range |
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54.67 2017 | yearly | 1990 - 2017 |
View North Macedonia's Macedonia MK: DEC Alternative Conversion Factor: per USD from 1990 to 2017 in the chart:
Macedonia MK: Official Exchange Rate: Average: per USD
MK: Official Exchange Rate: Average: per USD data was reported at 54.665 MKD/USD in 2017. This records a decrease from the previous number of 55.732 MKD/USD for 2016. MK: Official Exchange Rate: Average: per USD data is updated yearly, averaging 49.043 MKD/USD from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 68.037 MKD/USD in 2001 and a record low of 37.882 MKD/USD in 1995. MK: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macedonia – Table MK.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;
Last | Frequency | Range |
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46.40 2013 | yearly | 1994 - 2013 |
View North Macedonia's Macedonia MK: Official Exchange Rate: Average: per USD from 1994 to 2013 in the chart:
Macedonia MK: Real Effective Exchange Rate Index
MK: Real Effective Exchange Rate Index data was reported at 101.473 2010=100 in 2017. This records an increase from the previous number of 100.972 2010=100 for 2016. MK: Real Effective Exchange Rate Index data is updated yearly, averaging 101.541 2010=100 from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 134.381 2010=100 in 1995 and a record low of 98.967 2010=100 in 2007. MK: Real Effective Exchange Rate Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macedonia – Table MK.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.; ; International Monetary Fund, International Financial Statistics.; ;
Last | Frequency | Range |
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101.47 2017 | yearly | 1993 - 2017 |