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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 forecast for the Canadian dollar (CAD) against the Danish kroner (DKK) reflects current market conditions, including critical influences such as oil prices and geopolitical developments. As of the latest data, the CAD is trading at 4.7452 DKK, slightly below its three-month average of 4.7716 DKK. This stability is characterized by a narrow range of 4.6848 to 4.8626, indicating minimal volatility in recent weeks.

Recent analyst reports highlight a bearish trend for the CAD, primarily linked to declining oil prices. The loonie is often affected by fluctuations in oil values due to Canada's status as a leading oil exporter. Currently, oil prices are experiencing significant volatility, with recent trading at 90-day highs near $76.70 per barrel. This marks a considerable 14.1% increase over the three-month average of $67.21 and a substantial range of 27.5% from $60.14 to $76.70. Despite this price surge, uncertainties related to future oil demand and geopolitical risks could limit potential gains for the CAD.

Additionally, the political landscape in Canada has shifted with the resignation of Prime Minister Justin Trudeau and the appointment of Mark Carney. Economic analysts note that ongoing trade tensions with the U.S. could also hamper the CAD's upside, particularly following the imposition of tariffs by the U.S. on Canadian steel and aluminum and Canada’s retaliatory measures. These factors may create an environment of caution for investors, leading to a tempered outlook for the CAD.

In contrast, the Danish kroner (DKK) remains stable due to its fixed exchange rate policy with the Euro. This stability protects against currency fluctuations, providing a predictable financial environment essential for trade-oriented businesses in Denmark. While this has its advantages, it may also inhibit the flexibility of the Danish central bank in responding to changing economic conditions.

Overall, the CAD's performance against the DKK will likely hinge on the interplay between oil prices, domestic political developments, and ongoing trade dynamics with the U.S. The market will continue to watch these factors closely, as they are pivotal in shaping the exchange rate trajectory for both currencies.

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.

 
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1 CAD =
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DKK
-0.1%
CAD to DKK at 4.7452 is just 0.6% below its 3-month average of 4.7716, having traded in a very stable 3.8% range from 4.6848 to 4.8626
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  1 DKK = 0.2113 CAD
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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
05 Jun 2025
4.7652
0.4% 2 Week
21 Mar 2025
4.7830
0.8% 3 Month
19 Jun 2024
5.0633
6.3% 1 Year
20 Jun 2020
4.9018
3.2% 5 Year
22 Jun 2015
5.3431
11.2% 10 Year
24 Jun 2005
5.0077
5.2% 20 Year
CAD/DKK historic rates & change to 19-Jun-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