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Compare today's MKD to EUR (Macedonian Denar to Euro) exchange rates

Macedonia
Cyprus
MKD
Interbank Exchange Rate: 1 MKD = 0.0162 EUR
Updated about an hour ago

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All you need to know about Macedonian Denar to Euro money transfers

Easily compare money transfer providers in one place to send money from Macedonia to Cyprus. Send money overseas to your loved ones by comparing Macedonian Denar (MKD) to Euro (EUR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Were you looking to send money from Cyprus to Macedonia instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest MKD to EUR Conversion Rates

Here are some latest MKD to EUR (Macedonian Denar to Euro) exchange rates for popular conversion amounts*.

1 MKD0.02 EUR
5 MKD0.08 EUR
10 MKD0.16 EUR
25 MKD0.40 EUR
50 MKD0.81 EUR
100 MKD1.62 EUR
150 MKD2.43 EUR
200 MKD3.24 EUR
250 MKD4.05 EUR
300 MKD4.86 EUR
400 MKD6.48 EUR
500 MKD8.10 EUR
600 MKD9.72 EUR
700 MKD11.34 EUR
800 MKD12.96 EUR
1,000 MKD16.20 EUR
1,500 MKD24.30 EUR
2,000 MKD32.40 EUR
2,500 MKD40.50 EUR
3,000 MKD48.60 EUR
4,000 MKD64.80 EUR
5,000 MKD81.00 EUR
10,000 MKD162.00 EUR
15,000 MKD243.00 EUR
20,000 MKD324.00 EUR
30,000 MKD486.00 EUR
40,000 MKD648.00 EUR
50,000 MKD810.00 EUR
100,000 MKD1,620.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Cyprus from Macedonia?

With the global remittance market booming, there are so many choices for Macedonian Denar to EUR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Cyprus from Macedonia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final EUR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Macedonia to Cyprus?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MKD to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Macedonia to Cyprus. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MKD to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Macedonia to Cyprus?

Finding the cheapest way to send money from Macedonia to Cyprus might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MKD to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Macedonia to Cyprus exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Macedonia to Cyprus?

Bank transfers have been a traditionally popular way to send money overseas from Macedonia to Cyprus. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MKD to EUR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Macedonia bank for your Cyprus money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Cyprus from Macedonia?

The speed of your Macedonian Denar to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MKD to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Cyprus from Macedonia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Cyprus if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Macedonia bank to Cyprus bank transfer.


Which are the best money transfer companies to send money to Cyprus from Macedonia?

Since the Macedonian Denar to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Macedonia that may also be able to send money to Cyprus. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MKD to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cyprus gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Macedonia to Cyprus transaction.


Step by step guide to do a money transfer from Macedonia to Cyprus

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Macedonia to Cyprus, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Macedonia to Cyprus that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Cyprus where they can receive monies in Euro.
  • Then, provide details of your Macedonia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MKD travel to another part of the globe.