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    Currency in Greenland – Danish krone DKK

    A practical foreign exchange and currency guide on sending money and travel to Greenland

    What's in this Greenland currency guide?

    1. Danish krone (DKK) Market Info
    2. DKK Latest Rate
    3. DKK Charts

     

     

    Sending Money to Greenland

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Danish krone.

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    Danish krone – Markets & Rates

    The Danish krone contributes to a little less than 1% of foreign exchange market volume. It is the world’s twentieth most traded currency. The krone is subdivided into 100 øre.

    Denmark is one of more than twenty nations and territories which currently pegs its currency to the euro. Denmark is the largest nation to do this.

    Denmark is a member of the European Union but like the UK and Sweden, among other countries, it opted out of adopting the euro upon its introduction in 1999.

    As part of the ERM II mechanism, the krone is restricted to moves of 2.25% above or below a fixed euro-krone exchange rate of 7.4604. In other words, the euro-krone rate can trade only between 7.2925 and 7.6282, and it is the role of Denmark’s central bank, Danmarks Nationalbanks, to ensure this happens.

    Since 2004, the EUR/DKK rate has traded well within its allowed boundaries. Several times it ventured above 7.47, but no higher, and its most dramatic fall was only to 7.42.

    Against the world’s reserve currency, the US dollar, the krone was historically strongest in April 2008 when USD/DKK fell to just 4.66. The krone was at its weakest in February 1985 when USD/DKK reached 12.37.

     

    1 USD = 6.5602 DKK
    Sell USD  →  Buy DKK
    USD to DKK at 6.5604 has risen 1.8% above its 90-day average, range 6.2884-6.6394.
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      1 DKK = 0.1524 USD
     
    1-DAY-0.6%
    14-DAYLOW

    Historic USD-DKK Rates

    USD/DKK wasChangePeriod
    6.6380
    24 Nov 2021
    1.2% 2 Weeks
    6.2894
    09 Sep 2021
    4.2% 90 Days
    6.1467
    08 Dec 2020
    6.7% 1 Year
    7.0202
    09 Dec 2016
    6.6% 5 Years
    5.5565
    11 Dec 2011
    18% 10 Years
    8.2978
    13 Dec 2001
    21% 20 Years
    USD/DKK change over periods to 08-Dec-2021

     

    DKK is also used in 2 other countries

     

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