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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 exchange rate for the Canadian dollar (CAD) to Danish kroner (DKK) currently stands at 4.6770, which is 1.2% below its three-month average of 4.7325. The CAD has traded within a stable range of 4.6314 to 4.8148 over recent weeks, reflecting a steady outlook despite underlying market volatility.

Recent forecasts suggest that the CAD remains largely influenced by movements in oil prices, given Canada’s status as a leading oil exporter. Currently, oil is trading at 69.52 USD, which is approximately 3.3% above its three-month average of 67.33. This upward momentum in oil prices supports the CAD as the Canadian economy correlates closely with oil revenue. Analysts have noted that if oil prices maintain their current strength, the CAD could see further appreciation.

However, the CAD faces potential headwinds stemming from political and trade uncertainties. Political changes in Canada, including Mark Carney's recent appointment as Prime Minister amidst instability, could influence investor confidence. Trade tensions with the U.S., particularly the imposition of tariffs on Canadian goods, create additional challenges for the CAD's outlook. Experts have highlighted that such trade dynamics may restrict the currency’s upside potential.

Monetary policy decisions by the Bank of Canada also play a crucial role in shaping the CAD's value. The Canadian central bank's decision to pause interest rate cuts has provided a temporary support for the currency. Nevertheless, ongoing economic developments, both domestically and internationally, will be critical in determining the CAD's future trajectory.

As for the DKK, it remains relatively constant given its fixed exchange rate to the Euro. This policy aims to provide stability to the Danish economy, crucial for small, export-oriented sectors. However, this mechanism limits the Danish central bank's ability to adjust interest rates flexibly in response to changing economic conditions, which may affect its ability to intervene during periods of currency volatility.

Future movements in the CAD/DKK exchange rate will significantly depend on oil price trends, Canadian economic stability, and external trade relationships. Stakeholders should monitor these developments closely, as they will have direct implications for international transactions and currency conversion costs.

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 =
4.6759We compare provider deals to this wholesale mid-market rate. Read more
DKK
-0.2%
14d-highs
CAD to DKK at 4.6770 is 1.2% below its 3-month average of 4.7325, having traded in a very stable 4.0% range from 4.6314 to 4.8148
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  1 DKK = 0.2139 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
04 Jul 2025
4.6534
0.4% 2 Week
19 Apr 2025
4.7434
1.5% 3 Month
18 Jul 2024
4.9945
6.5% 1 Year
19 Jul 2020
4.7930
2.5% 5 Year
21 Jul 2015
5.2776
11.5% 10 Year
23 Jul 2005
5.0589
7.7% 20 Year
CAD/DKK historic rates & change to 18-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