Convert GIP to MKD — live rate

Convert Gibraltar Pounds to Macedonian Denars and compare the real cost of sending money.

GIP
MKD
1 GIP = 70.5525 MKD • Mid-market rate
Updated just now
Compare transfers for GIP → MKD
No signup required • FCA-regulated providers only

Historical GIP/MKD exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GIP to MKD

1 GIP → 70.55 MKD
5 GIP → 352.76 MKD
10 GIP → 705.53 MKD
50 GIP → 3,527.62 MKD
100 GIP → 7,055.25 MKD
500 GIP → 35,276.25 MKD
1,000 GIP → 70,552.50 MKD
5,000 GIP → 352,762.50 MKD

Real cost of GIP → MKD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GIP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GIP — Gibraltar Pound
ISO Code GIP
Symbol £
Central Bank Government of Gibraltar
Common Notes £5, £10, £20, £50, £100
Learn more about GIP
MKD — Macedonian Denar
ISO Code MKD
Symbol ден
Central Bank National Bank of the Republic of Macedonia
Common Notes ден10, ден50, ден100, ден500, ден1000, ден5000
Learn more about MKD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.