📈 Germany to Macedonia Money Transfer Snapshot Today
- Best EUR to MKD exchange rate today: MKD 59.9180, offered by Profee
- Number of money transfer providers compared: 4
- Exchange rate range: MKD 59.9180 to MKD 58.6258
- Potential savings on EUR 1000: MKD 1,292.20
- Number of deals and promo codes: 2
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real EUR to MKD exchange rate before providers add their margin or fees. exchange rate: 1 EUR = MKD 61.6680 (Updated about an hour ago)
See detailed Germany to Macedonia money transfer comparison below.
Germany to Macedonia money transfer providers that matched the search criteria
📢 Get promotional rate on your first transfer
📢 New! Cash pickup available
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What these rates mean for sending money to Macedonia from Germany today
Compare top-rated money transfer providers to find the best way to remit money to Macedonia from Germany. Check today's EUR to MKD exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 4 providers for Germany to Macedonia money transfers today. Here is what the competition looks like right now:
Today's Most Competitive Providers to Transfer Money to Macedonia from Germany
🥇 Profee with 1 EUR = 59.9180 MKD (best EUR to MKD exchange rate today).
🥈 XE Money Transfer offering 1 EUR = 59.1235 MKD.
🥉 Ria Money Transfer & Western Union are also providing good FX rate today.
The 4 providers compared today offer exchange rates from MKD 58.6258 to MKD 59.9180. On a EUR 1000 transfer from Germany to Macedonia, that spread means up to MKD 1,292.20 in potential savings — simply by choosing the right provider.
Euro to Macedonian Denar exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much MKD your recipient receives in Macedonia.
Compare the providers above to maximize every EUR you send to Macedonia. The best Euro to Macedonian Denar transfer rate changes daily, so comparing today matters.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Germany.
👇 There is more to a great transfer than today's EUR to MKD exchange rate — 5 years of historical pricing data reveals what really drives the total cost of sending money to Macedonia from Germany.
Whilst Euro to Macedonian Denar exchange rate is crucial, historical data shows that transfer fees, EUR amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze 5 years of Germany to Macedonia remittance data to show you exactly where costs arise, and the best practices that maximize your MKD payout on every transfer.
Cost insights to remit money from Germany to Macedonia (data-backed)
When you send money internationally from Germany to Macedonia, the following 4 key factors determine how much your recipient actually receives:
- EUR to MKD exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, optimizing all four factors together gives your recipient in Macedonia the maximum MKD payout on every transfer.
Another counter-balancing aspect is money transfer speed. If you need to transfer money from Germany to Macedonia urgently, you may have to compromise on some of the above factors whilst optimizing for speed.
To understand what actually drives cost, we analyzed historical remittance pricing1 for EUR to MKD money transfers — comparing transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 165 actual Germany to Macedonia money transfers handled by 6 providers over the last 5 years (for a EUR 140 remittance benchmark).
This analysis of real Euro to Macedonian Denar transfer data identifies the lowest-cost payment and delivery combinations — so you keep more of every Euro you send.
Before we deep dive, here are the key trends:
📌 Key Cost Insights: Transferring money from Germany to Macedonia
- Average total cost: 6.53% (range 0.00% to 14.29%, spread 14.29 percentage points)
- Potential payout difference: On a EUR 140 transfer, the above variation can save you up to EUR 20.01.
- Average FX markup: 0.07% (range 0.00% to 2.24%, spread 2.24 percentage points)
- Average transfer fee: EUR 9.03 (range EUR 0.00 to EUR 20.00)
- Cheapest payment/delivery method combo: Credit Card → Cash Pickup (2.91% avg cost); most expensive is Cash → Bank Deposit (14.29%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 11.38% (EUR 15.93 on EUR 140 transfer).
- Market coverage: ~6 providers on average (competition level: moderate)
- Average speed: About 16 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we break down each of these factors in detail — so you know exactly where to focus when comparing providers for your next money transfer to Macedonia from Germany.
📈 EUR to MKD Exchange Rate: The biggest factor when you send Euro to Macedonian Denar
The exchange rate on your Germany to Macedonia money transfer is the single biggest factor determining your overall EUR cost — and how many Macedonian Denar your recipient actually receives.
To analyze exchange rates, we use the exchange rate markup (also called FX margin) — the difference between the mid-market exchange rate
Here is what 5 years of historical data shows for FX markup on Euro to Macedonia transfers:
- Average markup: 0.07%
- Median markup: 0.00%
- Lowest markup: 0.00%
- Highest markup: 2.24%
That is a spread of 2.24 percentage points between the lowest and highest observed FX markups.
To put this into perspective — on a EUR 140 transfer, that spread is MKD 3.14 in differences purely from the exchange rate. On a EUR 345 transfer, that gap grows to MKD 7.73.
🛠️ How to use this insight: When comparing providers for Germany to Macedonia remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
The EUR to MKD exchange rate is the single most critical factor in the cost of your transfer. When comparing providers, always check the rate first — it matters more than you might expect.
💰 Transfer Fees: What to watch when you remit money from Germany to Macedonia
Whilst exchange rate gets most of the attention, the transfer fee can also have a big impact on how much of your Euro actually reaches your recipient in Macedonia.
Based on 5 years of pricing data, here is what we see on Euro to Macedonia money transfer fees:
- Average fee: EUR 9.03
- Median fee: EUR 6.90
- Lowest fee: EUR 0.00
- Highest fee: EUR 20.00
The average fee of EUR 9.03 represents 6.45% of a EUR 140 transfer, a meaningful cost on its own.
And even when two providers offer identical exchange rates, the difference between the lowest and highest fee means a payout difference of up to EUR 20.00.
🛠️ How to use this insight: For your next money transfer from Germany to Macedonian Denar, look for providers that offer lower (or even 0) transfer fees.
One important caveat: watch out for hidden fees. Some providers advertise zero or low fees but offset it with a lower EUR to MKD exchange rate. The money lost through an inferior FX rate is just as real as a visible fee — but since it does not show up as a line item, it is called a hidden fee.
This is why comparing total cost (fee + FX markup combined) always gives you a clearer picture instead of looking at rates or fees alone.
Finally, keep in mind that fixed fees matter more on smaller transfers. On a EUR 200 transfer, a EUR 5 fee is 2.5% of your total amount. On a EUR 2,000 transfer, that same fee is just 0.25%. If you send smaller Euro to Macedonian Denar transfers regularly, pay even more attention to fees.
Transfer fees can be just as costly as a poor exchange rate — always look at the total cost of your EUR to MKD transfer, not just rates or fees alone.
💸 Payment & Delivery Methods that reduce your cost to transfer money to Macedonia from Germany
Based on our analysis of historical Germany to Macedonia remittance data, we see consistent variation in overall cost amongst various payment method and delivery methods.
Even when Euro to Macedonian Denar exchange rates are similar, different combinations of payment and delivery options can lead to meaningful differences in what you pay.
💳 Average Cost by Payment Method
Here is the average cost for popular payment methods used to send money to Macedonia from Germany:
- Credit Card: 4.97%
- Debit Card: 6.45%
- Cash: 6.84%
- Bank Account Transfer: 10.58%
That is a spread of 5.60 percentage points.
👉 On a EUR 140 transfer, this means you could save up to EUR 7.84 simply by choosing a lower-cost payment method.
These savings increase further for larger EUR transfer amounts.
📥 Average Cost by Delivery Method
Here is the average cost of popular delivery methods used to remit money from Germany to Macedonia:
- Cash Pickup: 4.89%
- Bank Deposit: 11.48%
This is a difference of 6.59 percentage points.
👉 On a EUR 140 transfer, you could save up to EUR 9.23 by choosing Cash Pickup instead of Bank Deposit.
Different combinations of payment methods in Germany and delivery methods in Macedonia can lead to very different total costs when sending or remitting money.
Here is a summary of the average cost of payment and delivery method combinations for Germany to MKD money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Credit Card | Cash Pickup | 2.91 |
| Debit Card | Cash Pickup | 2.91 |
| Cash | Cash Pickup | 6.72 |
| Bank Account Transfer | Bank Deposit | 10.58 |
| Credit Card | Bank Deposit | 10.87 |
| Debit Card | Bank Deposit | 11.90 |
| Cash | Bank Deposit | 14.29 |
Sorted by Average Cost % (cheapest to most expensive).
The difference between these EUR to MKD payment and delivery options is significant.
- Lowest cost: Credit Card → Cash Pickup (2.91%)
- Highest cost: Cash → Bank Deposit (14.29%)
- Difference: 11.38 percentage points
👉 On a EUR 140 transfer, you could save up to EUR 20.01
👉 On a EUR 345 transfer, savings increase to EUR 49.30
Here is a quick summary of the average historical cost of various payment and delivery methods for EUR to Macedonia money transfers.
💸 Cheapest Payment & Delivery Methods to send EUR to MKD transfers (data-backed)
- Cheapest payment method: Credit Card (4.97%) vs Bank Account Transfer (10.58%)
- Cheapest delivery method: Cash Pickup (4.89%) vs Bank Deposit (11.48%)
- Cheapest combination: Credit Card → Cash Pickup (2.91%) vs Cash → Bank Deposit (14.29%)
🛠️ How to use this insight: As you compare money transfer providers for your next Germany to Macedonia international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Germany to Macedonia remittances by carefully choosing the cheapest payment and delivery methods.
📊 Does sending more money reduce the cost to remit money from Germany to Macedonia?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending EUR 140 vs EUR 345 from Germany to Macedonia.
We found that sending a higher amount (EUR 345) is typically cheaper — average cost drops from 6.53% to 3.13%, a reduction of 3.40 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Euro amounts to Macedonia, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the market for sending money to Macedonia from Germany?
Based on data from the last 5 years, Euro to Macedonian Denar money transfers are provided on an average by 6 remittance companies. With this number of providers, we consider the level of market competition to be moderate.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Germany to Macedonia remittances.
This is why comparing providers is especially important when you transfer money from Germany to Macedonia.
⏱️ How fast can you transfer Euro to Macedonian Denar?
If your recipient in Macedonia needs funds urgently, transfer speed becomes just as important as cost when sending money.
Here is what we see for Germany to Macedonia transfers:
- Average transfer time: About 16 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at EUR 140: About 16 hours.
- Average speed at EUR 345: About 16 hours.
In many cases, the fastest providers are not always the cheapest, so balancing speed and cost is important when you transfer EUR to Macedonia.
🛠️ How to use this insight: If you need to send money from Germany to Macedonia in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Macedonia.
Transfer speed for Germany to Macedonia money transfers can vary widely across providers. For time-sensitive transfers, compare speed alongside cost and choose faster payment and delivery methods.
Frequently Asked Questions: Sending money to Macedonia from Germany
These FAQs use data from RemitFinder's historical analysis of Germany to Macedonia money transfers over several years.
What factors affect the total cost of sending money from Germany to Macedonia?
The total cost of your Euro to Macedonian Denar money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect transferring money to Macedonia from Germany?
Historical Euro to Macedonian Denar exchange rate markup ranges from 0.00% to 2.24%, a spread of 2.24 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Exchange Rate vs Transfer Fee: What matters more when you send money to Macedonia from Germany?
Exchange rate markup ranges from 0.00% to 2.24% (a spread of 2.24 percentage points).
Transfer fees range from EUR 0.00 to EUR 20.00, which equals roughly 14.29% on a EUR 140.00 transfer.
At both EUR 140.00 and EUR 345.00, the transfer fee shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Germany to Macedonia money transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger EUR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most MKD for your EUR.
How much can costs vary between providers when sending money from Germany to Macedonia?
Historical transfer cost ranges from 0.00% to 14.29% for EUR transfers to Macedonia. That is a spread of 14.29 percentage points, indicating significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from 0.00% to 2.24% (a spread of 2.24 percentage points). Thus, even small differences in FX margin can have a big impact on the final MKD payout.
Why do Money Transfer Providers charge different rates for Euro to Macedonian Denar money transfers?
If you send the same Euro amount to Macedonia via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final MKD payout in Macedonia in a big way.
How stable are the costs to remit money to Macedonia from Germany?
When we analyzed the historical total cost for EUR to MKD transfers, we observed a range from 0.00% to 14.29% (14.29 percentage points difference), along with a variability (standard deviation) of 4.20%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from 0.00% to 2.24% (2.24 percentage points difference), with a standard deviation of 0.30%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your Euro to Macedonian Denar transfers.
Which Payment Method is the cheapest to send money from Germany to Macedonia?
Credit Card is the cheapest payment method in Germany based on its average cost at 4.97% (compared to Bank Account Transfer at 10.58%, a difference of 5.60 percentage points).
Based on this, we recommend paying for your EUR transfer with Credit Card, and avoiding Bank Account Transfer if possible.
Is Debit Card cheaper than Credit Card when you transfer money to Macedonia from Germany?
Credit Card is cheaper on average when sending money to Macedonia from Germany since it costs 6.45% (compared to 4.97% for Credit Card payments, a difference of 1.48 percentage points).
As a result, we recommend that you avoid paying for your transfer to Macedonia with a Credit Card.
Which Delivery Method is cheapest when you remit money to Macedonia from Germany?
Cash Pickup is the cheapest delivery method in Macedonia as it costs 4.89% (compared to Bank Deposit at 11.48%, a spread of 6.59 percentage points).
If your recipient in Macedonia can accept Cash Pickup, we recommend choosing it as your preferred delivery option for Euro to Macedonian Denar transfers.
Is Bank Deposit cheaper than Cash Pickup when you send money to Macedonia from Germany?
Cash Pickup is cheaper for Euro transfers to Macedonia given its 11.48% average cost (versus 4.89% for Cash Pickup, a difference of 6.59 percentage points).
To save more, consider choosing the cheapest delivery option for Macedonia.
What is the cheapest way to send money from Germany to Macedonia?
We evaluated 7 payment and delivery method combinations for Germany to Macedonia remittances.
Based on historical data, Credit Card → Cash Pickup is the cheapest combination with 2.91% cost.
At the other end of the spectrum, Cash → Bank Deposit is the most expensive combination at 14.29% cost. That is a difference of 11.38 percentage points between the cheapest and most expensive combinations.
Money transfer providers price payment and delivery methods for Germany to Macedonia remittances differently. As you compare options, look for the cheapest combination to maximize the value of your EUR to MKD transfers.
Does sending more money reduce the cost to transfer money to Macedonia from Germany?
Larger Euro to Macedonian Denar transfers are cheaper on average.
The cost of a EUR 140 transfer averages 6.53% as compared to 3.13% for a EUR 345 transfer, a difference of 3.40 percentage points.
How long does it take to send EUR to MKD money transfers?
Based on our analysis, the average transfer time for Euro to Macedonian Denar transfers is 16 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Can you instantly transfer money from Germany to Macedonia?
Yes, historical data shows that some transfers to Macedonia from Germany can complete in less than one hour.
Note that the actual speed of your EUR to MKD transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
How competitive is the market for sending money from Germany to Macedonia?
Based on historical data, the competition level in Germany to Macedonia is considered moderate with 6 active providers.
Can you overpay if you do not compare providers before transferring money to Macedonia from Germany?
Historically, total EUR to MKD transfer cost has varied by 14.29 percentage points. On a EUR 140 transfer, that can translate to EUR 20.01 in savings.
Euro to Macedonian Denar exchange rate markup also varies across providers. The average markup spread has been about 2.24 percentage points. On a EUR 140 transfer, that could be EUR 3.14 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about EUR 20.00 across providers.
That is why comparing providers can materially change how much of the EUR you send your recipient receives in Macedonia.
Latest Exchange Rates for Sending Money to Macedonia from Germany
Here are some latest EUR to MKD (Euro to Macedonian Denar) exchange rates for popular conversion amounts*.
| 1 EUR | 61.67 MKD |
| 5 EUR | 308.34 MKD |
| 10 EUR | 616.68 MKD |
| 25 EUR | 1,541.70 MKD |
| 50 EUR | 3,083.40 MKD |
| 100 EUR | 6,166.80 MKD |
| 150 EUR | 9,250.20 MKD |
| 200 EUR | 12,333.60 MKD |
| 250 EUR | 15,417.00 MKD |
| 300 EUR | 18,500.40 MKD |
| 400 EUR | 24,667.20 MKD |
| 500 EUR | 30,834.00 MKD |
| 600 EUR | 37,000.80 MKD |
| 700 EUR | 43,167.60 MKD |
| 800 EUR | 49,334.40 MKD |
| 1000 EUR | 61,668.00 MKD |
| 1500 EUR | 92,502.00 MKD |
| 2000 EUR | 123,336.00 MKD |
| 2500 EUR | 154,170.00 MKD |
| 3000 EUR | 185,004.00 MKD |
| 4000 EUR | 246,672.00 MKD |
| 5000 EUR | 308,340.00 MKD |
| 10000 EUR | 616,680.00 MKD |
| 15000 EUR | 925,020.00 MKD |
| 20000 EUR | 1,233,360.00 MKD |
| 30000 EUR | 1,850,040.00 MKD |
| 40000 EUR | 2,466,720.00 MKD |
| 50000 EUR | 3,083,400.00 MKD |
| 100000 EUR | 6,166,800.00 MKD |
*Based on the Mid-market Exchange Rate
1 Based on 165 pricing observations across 6 firms over the last 5 years for a EUR 140 money transfer from Germany to Macedonia. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Germany to Macedonia remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.