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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.

 

The recent forecasts for the CAD to DKK exchange rate indicate a cautious outlook influenced by a combination of factors affecting both currencies. The Canadian dollar (CAD) has gained some support alongside a stronger US dollar, yet weakening oil prices have limited these gains. Analysts point to the forthcoming Canadian services PMI data as a potential catalyst for movement in the loonie. If the data indicates continued contraction in the services sector, this could amplify downward pressure on the CAD.

Political developments, such as the recent leadership change from Prime Minister Justin Trudeau to Mark Carney, may also strain the CAD's stability. Trade tensions between Canada and the U.S., particularly the imposition of tariffs, are expected to have a pronounced negative impact, with analysts predicting limited upside potential for the loonie amid ongoing uncertainty. Additionally, the Bank of Canada's decision to pause interest rate cuts has provided some support, yet concerns over economic performance remain.

Currently, the CAD is trading at 4.6700 DKK, which is 1.6% below its three-month average of 4.7479 and reflects a stable trading range. The uncertainty surrounding oil prices, a crucial factor for the Canadian economy, is notable. Presently, oil prices stand at $68.80, a 3.2% increase from the three-month average. While this could generally buoy the CAD, volatility and fluctuating demand complicate expectations.

In contrast, the Danish krone (DKK), being pegged to the Euro, exhibits less volatility, which is beneficial for Danish businesses reliant on stable currency values. However, the fixed exchange rate policy restricts the Danish central bank's capacity to adjust monetary policies in response to global economic shifts.

Overall, while current conditions and slight improvements support the CAD marginally, external pressures from U.S. trade policies, oil market fluctuations, and local economic indicators will play critical roles in determining future movements against the DKK. The interplay between these factors highlights the importance of monitoring both the Canadian and global economic landscapes closely.

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 =
4.6567We compare provider deals to this wholesale mid-market rate. Read more
DKK
+0.4%
CAD to DKK at 4.6700 is 1.6% below its 3-month average of 4.7479, having traded in a quite stable 4.5% range from 4.6314 to 4.8421
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  1 DKK = 0.2147 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
20 Jun 2025
4.7141
1% 2 Week
05 Apr 2025
4.7837
2.4% 3 Month
04 Jul 2024
5.0672
7.9% 1 Year
05 Jul 2020
4.8883
4.5% 5 Year
07 Jul 2015
5.3395
12.6% 10 Year
09 Jul 2005
5.1108
8.7% 20 Year
CAD/DKK historic rates & change to 04-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