Greenland - Danish Krone - Currency Guide

This is a currency guide to Greenland, the Danish Krone currency plus sending (DKK) transfers and travel tips for Greenland.

 
 
CountryGreenland
FlagGreenland
Country CodeGL
Domestic Currency Danish Krone
Currency SymbolDkr
Currency CodeDKK
Exchange RateUSD/DKK = 6.8228
Telephone Prefix+299

Quick Conversions from US Dollar to Danish Krone

USD

DKK

U$ 1
Dkr 6.8228
U$ 5
Dkr 34.11
U$ 10
Dkr 68.23
U$ 20
Dkr 136.46
U$ 50
Dkr 341.14
U$ 100
Dkr 682.28
U$ 250
Dkr 1,706
U$ 500
Dkr 3,411
U$ 1,000
Dkr 6,823
U$ 2,000
Dkr 13,646
U$ 5,000
Dkr 34,114
U$ 10,000
Dkr 68,228
U$ 50,000
Dkr 341,140
U$ 100,000
Dkr 682,280
More amounts

USD

DKK

U$ 0.1466
Dkr 1
U$ 0.7330
Dkr 5
U$ 1.4660
Dkr 10
U$ 2.9320
Dkr 20
U$ 7.3300
Dkr 50
U$ 14.66
Dkr 100
U$ 36.65
Dkr 250
U$ 73.30
Dkr 500
U$ 146.60
Dkr 1,000
U$ 293.20
Dkr 2,000
U$ 733.00
Dkr 5,000
U$ 1,466
Dkr 10,000
U$ 7,330
Dkr 50,000
U$ 14,660
Dkr 100,000
More amounts

To calculate specific USD/DKK amounts use our Convert USD to DKK quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view USD to DKK Rate Guide.

Greenland Currency Info

The Danish krone contributes to a little less than 1% of foreign exchange market volume. It is the world’s twentieth most traded currency. The krone is subdivided into 100 øre.

Denmark is one of more than twenty nations and territories which currently pegs its currency to the euro. Denmark is the largest nation to do this.

Denmark is a member of the European Union but like the UK and Sweden, among other countries, it opted out of adopting the euro upon its introduction in 1999.

As part of the ERM II mechanism, the krone is restricted to moves of 2.25% above or below a fixed euro-krone exchange rate of 7.4604. In other words, the euro-krone rate can trade only between 7.2925 and 7.6282, and it is the role of Denmark’s central bank, Danmarks Nationalbanks, to ensure this happens.

Since 2004, the EUR/DKK rate has traded well within its allowed boundaries. Several times it ventured above 7.47, but no higher, and its most dramatic fall was only to 7.42.

Against the world's reserve currency, the US dollar, the krone was historically strongest in April 2008 when USD/DKK fell to just 4.66. The krone was at its weakest in February 1985 when USD/DKK reached 12.37.


Frequently Asked Questions


What currency should I use in Greenland?

The domestic currency in Greenland is the Danish Krone.

What is the Danish Krone currency code and symbol?

The three letter currency code for the Danish Krone is DKK — symbol is Dkr.

How much is U$100 US Dollars in Danish Krone?

U$ 100 converts to Dkr 682.28

Which countries use the Danish Krone?

It is the domestic currency in Denmark, Faroe Islands and Greenland.

Is the Danish Krone a closed currency?

No, the Danish Krone is freely available and convertible. See guide: What is a closed currency?


Danish Krone (DKK) in the markets

Against the US dollar, the Danish krone struck a 2-year low in May, at kr6.724 per USD, though that mostly reflected the greenback’s broad-based strength.

Like the euro to which it is pegged, against the pound, the krone experienced a record 14-day winning streak in May, and at the time of writing it remained near 4-month highs, at kr8.47.

In May, currency forecasts from Deutsche Bank implied more krone depreciation. The bank thinks USD/DKK could exceed kr6.8 over the summer, with key drivers being the US-China trade war, Brexit and Italian risks.

Also in May, Lloyds’ revised forecasts implied GBP/DKK rates near kr8.8 at year-end, though that could be much lower if Theresa May is replaced as UK PM by a hardline Brexiteer.

The interactive chart below shows the USD to DKK exchange rate and trend for the previous 3 months:

ALERT:1-DAY0.8% 🔔|
USD/DKK at 6.8227 was trading 0.6% above AVG:6.7795 with LO:6.5187 and HI:7.0103 (90 days). ALERT: Today USD/DKK is DOWN 0.8%
10-APR 2AM-NY 7AM-LON 2PM-HK 4PM-SYD
Booking.com

Travel, Currency and Money saving tips for Greenland

Travel money for Greenland

Save money and time by Ordering your Danish Krone online from Travelex, you get better rates and can pick up the DKK cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Danish Krone otherwise you may get much worst exchange rates.

 

Greenland Trip Checklist    

 
  1. Compare DKK travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Greenland
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Greenland

When searching around for information on how to get a good exchange rate when sending money to Greenland you need to start with finding out the latest Danish Krone foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Greenland

When sending money to Greenland it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Danish Krone amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted DKK amount will be transfered to the recipient account you specify in Greenland.

Use our Send to Danish Krone calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Danish Krone deposited into the recipient bank account and less margins and fees kept by the banks!

 

Bank Transfers to Greenland

Compare Transfer Rates

Danish Krone to US Dollar - Historical Rates

PeriodDKK/USDDate
1 Day0.149229 Mar 2020
7 Day0.144123 Mar 2020
30 Day0.147629 Feb 2020
3 Month0.150131 Dec 2019
1 Year0.150431 Mar 2019
5 Year0.144201 Apr 2015
10 Year0.181402 Apr 2010

Danish Krone to Euro - Historical Rates

PeriodDKK/EURDate
1 Day0.134029 Mar 2020
7 Day0.133923 Mar 2020
30 Day0.133829 Feb 2020
3 Month0.133831 Dec 2019
1 Year0.134031 Mar 2019
5 Year0.133901 Apr 2015
10 Year0.134402 Apr 2010

Danish Krone to Pound Sterling - 10 Year History

PeriodDKK/GBPDate
1 Day0.119929 Mar 2020
7 Day0.124323 Mar 2020
30 Day0.115129 Feb 2020
3 Month0.113231 Dec 2019
1 Year0.115531 Mar 2019
5 Year0.097201 Apr 2015
10 Year0.119202 Apr 2010

Danish Krone to Australian Dollar - Historical Rates

PeriodDKK/AUDDate
1 Day0.241629 Mar 2020
7 Day0.245323 Mar 2020
30 Day0.226729 Feb 2020
3 Month0.213931 Dec 2019
1 Year0.211431 Mar 2019
5 Year0.189601 Apr 2015
10 Year0.197502 Apr 2010

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