Exchange Rate in Macedonia

Macedonia Exchange Rate | Economic News & Forecasts

Macedonia - Exchange Rate

The Macedonian economic recovery liked picked up in the third quarter, carried by a strong external sector and despite weak investment dynamics. In mid-November the government approved the 2019 draft budget, which proposes further fiscal consolidation efforts. The lion’s share of expenses is dedicated to the pension system, followed by social assistance benefits, while more capital spending is allocated on water, road and rail infrastructure. The government projects the fiscal deficit to narrow to 2.5% of GDP. Met the why particular panelists, however, expect a wider deficit given their projections of softer GDP growth.

Macedonia - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)44.67  50.61  56.55  58.50  51.28  

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Macedonia Exchange Rate Chart

Macedonia Exchange Rate
Note: Exchange Rate (vs USD)

Macedonia Facts

Exchange Rate54.26-0.56 %Dec 11
Stock Market0.10.0 %Nov 26

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