Historical Exchange Rates
MKD to BTN Historical Exchange Rates
Review date-based historical exchange-rate data for Macedonian Denar and Bhutanese Ngultrum. This page is designed for historical lookup, not current conversion.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MKD/BTN range data
1 MKD = 1.773579 BTN on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 MKD = 1.76548 BTN |
| 2026-07-09 | 1 MKD = 1.767386 BTN |
| 2026-07-10 | 1 MKD = 1.764477 BTN |
| 2026-07-13 | 1 MKD = 1.769874 BTN |
| 2026-07-14 | 1 MKD = 1.777074 BTN |
| 2026-07-15 | 1 MKD = 1.781573 BTN |
| 2026-07-16 | 1 MKD = 1.787053 BTN |
| 2026-07-17 | 1 MKD = 1.788647 BTN |
| 2026-07-20 | 1 MKD = 1.788518 BTN |
| 2026-07-21 | 1 MKD = 1.78647 BTN |
| 2026-07-22 | 1 MKD = 1.787165 BTN |
| 2026-07-23 | 1 MKD = 1.788871 BTN |
| 2026-07-24 | 1 MKD = 1.786865 BTN |
| 2026-07-27 | 1 MKD = 1.780434 BTN |
| 2026-07-28 | 1 MKD = 1.773579 BTN |
Historical trend summary
Observed changes in MKD/BTN
Across 22 provider observations from to , MKD/BTN finished above its first observation. The observed change was +1.56%.
The lowest observed rate was 1 MKD = 1.746252 BTN on . The highest was 1 MKD = 1.788871 BTN on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MKD/BTN historical data
MKD/BTN records how many bhutanese ngultrum units one macedonian denar represented at each provider publication. Macedonian Denar is associated with North Macedonia, while Bhutanese Ngultrum is associated with Bhutan. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.
Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The documented exchange-rate arrangements also provide context: The Bhutanese ngultrum is maintained at one-to-one parity with the Indian rupee.. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
Source and calculation method
CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.
Data interpretation note
These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.