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CAD to DKK 2025 Forecasts

Analysis of recent loonie → krone forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Danish krone performance and trends.

 

Recent analysis indicates that the CAD to DKK exchange rate remains under pressure due to slow progress in trade negotiations between the U.S. and Canada. The Canadian dollar (CAD) has been somewhat sidelined, with a noted decline as economic indicators suggest a potential contraction in activity. Analysts have observed that as tensions with the U.S. heighten—exemplified by recent tariffs imposed on Canadian steel and aluminum—the Canadian economy may face further challenges.

In terms of monetary policy, the recent pause on interest rate cuts by the Bank of Canada has provided some support to the CAD. However, the uncertainty surrounding U.S. trade policies creates a limiting factor for the currency's appreciation. Currently, the CAD is trading around 4.6506 DKK, which is 1.9% below its three-month average, highlighting a trend of stability within a 4.5% range from 4.6314 to 4.8421.

Additionally, fluctuations in oil prices continue to play a significant role in shaping the CAD's value. Recent data indicates that oil prices have risen, currently sitting at 69.58 USD per barrel, which is above the three-month average by 4.1%. Given Canada’s status as a major oil exporter, these increases usually bolster CAD strength. However, market analysts caution that despite these supportive factors, the ongoing volatility in the oil market—demonstrated by a substantial trading range—exerts a complex influence on currency performance.

Turning to the Danish kroner (DKK), it remains firmly linked to the Euro, providing a stable backdrop for international transactions. This fixed exchange rate policy is designed to mitigate the risks associated with currency fluctuations, which is particularly beneficial for Denmark's export-driven economy. However, maintaining this policy limits the flexibility of the Danish central bank to respond to varying economic conditions.

Overall, while current developments in both CAD and DKK present opportunities for navigating currency conversions, potential traders and businesses should remain cautious of the broader economic implications and the ongoing uncertainties in U.S.-Canada trade relations. Close monitoring of oil price trends and upcoming economic indicators will be essential for forecasting CAD’s trajectory against the DKK moving forward.

CAD-DKK Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to DKK Market Data

Canadian dollar (CAD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy DKK
1 CAD =
4.6560We compare provider deals to this wholesale mid-market rate. Read more
DKK
-0.1%
CAD to DKK at 4.6506 is 1.9% below its 3-month average of 4.7415, having traded in a quite stable 4.5% range from 4.6314 to 4.8421
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  1 DKK = 0.2148 CAD

Compare & Save - Canadian dollar to Danish krone

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Danish krone (DKK) rates from different sources before making a conversion.

Use our CAD to DKK calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Krone currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Danish krone?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Danish krone current value is to look the CAD/DKK historic rate and change over a range of periods.

The following table looks at the change in the CAD to DKK exchange rate over periods from the previous week back to the last 10 years.

DateCAD/DKKChangePeriod
24 Jun 2025
4.6802
0.6% 2 Week
09 Apr 2025
4.8352
3.8% 3 Month
08 Jul 2024
5.0526
7.9% 1 Year
09 Jul 2020
4.8586
4.2% 5 Year
11 Jul 2015
5.2822
11.9% 10 Year
13 Jul 2005
5.0973
8.7% 20 Year
CAD/DKK historic rates & change to 08-Jul-2025

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/DKK to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more