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CAD to DKK 2026 Forecasts

Analysis of recent loonie → krone forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Danish krone performance and trends.

 

Bias: The CAD/DKK is currently bullish-to-range-bound, as it is above the 90-day average and situated in the upper half of the 3-month range.

Key drivers:

  • Rate gap: The Bank of Canada has recently cut rates, while Denmark's central bank maintains a stable interest rate, which may support the DKK against the CAD.
  • Risk/commodities: Oil prices are above their average, benefiting the CAD as a major oil exporter, thus potentially strengthening its position against the DKK.
  • Macro factor: Denmark’s foreign-exchange reserves saw a significant drop, possibly affecting the DKK's stability due to reduced confidence and liquidity.

Range: The CAD/DKK is likely to hold its position within a stable 1.6% range in the near term, though it may test the upper extreme if oil prices continue to rally.

What could change it:

  • Upside risk: A significant recovery in Canadian employment data could boost the CAD.
  • Downside risk: Continued volatility in oil prices or negative impacts from trade tariffs could weaken the CAD further.

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 =
4.6247We compare provider deals to this wholesale mid-market rate. Read more
DKK
1d0.0%⬦
 
CAD to DKK at 4.6245 is just above its 3-month average, having traded in a stable 1.6% range from 4.5693 to 4.6440
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  1 DKK = 0.2162 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.

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