Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MKD to ISK (Macedonian Denar to Icelandic Krona) exchange rates

Macedonia
Iceland
MKD

Interbank Exchange Rate: 1 MKD = 2.3481 ISK
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Macedonian Denar to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Macedonia to Iceland. Send money overseas to your loved ones by comparing Macedonian Denar (MKD) to Icelandic Krona (ISK) 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.

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 Macedonia.

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

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.

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.


Latest MKD to ISK Conversion Rates

Here are some latest MKD to ISK (Macedonian Denar to Icelandic Krona) exchange rates for popular conversion amounts*.

1 MKD2.35 ISK
5 MKD11.74 ISK
10 MKD23.48 ISK
25 MKD58.70 ISK
50 MKD117.41 ISK
100 MKD234.81 ISK
150 MKD352.22 ISK
200 MKD469.62 ISK
250 MKD587.03 ISK
300 MKD704.43 ISK
400 MKD939.24 ISK
500 MKD1,174.05 ISK
600 MKD1,408.86 ISK
700 MKD1,643.67 ISK
800 MKD1,878.48 ISK
1,000 MKD2,348.10 ISK
1,500 MKD3,522.15 ISK
2,000 MKD4,696.20 ISK
2,500 MKD5,870.25 ISK
3,000 MKD7,044.30 ISK
4,000 MKD9,392.40 ISK
5,000 MKD11,740.50 ISK
10,000 MKD23,481.00 ISK
15,000 MKD35,221.50 ISK
20,000 MKD46,962.00 ISK
30,000 MKD70,443.00 ISK
40,000 MKD93,924.00 ISK
50,000 MKD117,405.00 ISK
100,000 MKD234,810.00 ISK

*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 from Macedonia to Iceland?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Macedonia to Iceland. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Macedonian Denar to ISK.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MKD to ISK in Iceland. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Iceland from Macedonia. We provide you with maximum choices to send money to Iceland by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Macedonia to Iceland?

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 Icelandic Krona 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 Iceland. 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 ISK remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Iceland from Macedonia?

When you want to send money to Iceland from Macedonia, you obviously want the cheapest possible option to maximize the money your recipient gets in Icelandic Krona. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MKD to ISK money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Macedonia to Iceland. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Macedonia to Iceland exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Icelandic Krona overseas.


Should I use my bank to send money from Macedonia to Iceland?

Big banks in Macedonia are known to make a lot of money by charging high fees on Iceland money transfers from Macedonia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MKD to ISK exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Iceland. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Macedonia to Iceland. You work hard for your money, so you should also ensure you get the maximum yield when you send ISK overseas.


How to send money to Iceland from Macedonia fast?

The speed of your Macedonian Denar to Icelandic Krona 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 ISK. 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 Iceland 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 Iceland 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 ISK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Macedonia bank to Iceland bank transfer.


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

Since the Macedonian Denar to Icelandic Krona 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 Iceland. 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 ISK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iceland 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 Iceland transaction.


Step by step guide to send money to Iceland from Macedonia

Follow the below easy steps to send money to Iceland from Macedonia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Macedonia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Iceland).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MKD to ISK remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.