What's in this Australian Dollar to Danish Krone guide?
Quick Conversions from Australian Dollar to Danish Krone
|A$ 1||Dkr 4.2137|
|A$ 5||Dkr 21.07|
|A$ 10||Dkr 42.14|
|A$ 20||Dkr 84.27|
|A$ 50||Dkr 210.69|
|A$ 100||Dkr 421.37|
|A$ 250||Dkr 1,053|
|A$ 500||Dkr 2,107|
|A$ 1,000||Dkr 4,214|
|A$ 2,000||Dkr 8,427|
|A$ 5,000||Dkr 21,069|
|A$ 10,000||Dkr 42,137|
|A$ 50,000||Dkr 210,685|
|A$ 100,000||Dkr 421,370|
To calculate your own AUD/DKK amounts use our Convert AUD to DKK quick calculator.
Comparing Foreign Exchange Providers
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.
Country Guides (AUD & DKK)
|Australia (AUD)||Denmark (DKK)||Christmas Island (AUD)|
|Cocos Keeling Islands (AUD)||Faroe Islands (DKK)||Greenland (DKK)|
|Heard and McDonald Islands (AUD)||Kiribati (AUD)||Nauru (AUD)|
|Norfolk Island (AUD)||Tuvalu (AUD)|
AUD and DKK in the Markets
When determining the best time to make a foreign exchange transaction, in this case the AUD vs DKK, you should pay attention to the recent market trends for both currencies.
Australian Dollar (AUD)
The Australian dollar has been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD. The virus was a double blow to the Aussie after the earlier threat of proxy war between the US and Iran in Iraq had also pared back some of the gains the Aussie had made coming into the New Year. The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead. The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely.
Read more in the article AUD Forecasts.
Danish Krone (DKK)
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.
How to get Best AUD to DKK Exchange Rates
All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
What is a good AUD to DKK exchange rate?
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
The following table looks at the change in the AUD to DKK exchange rate to the present day for periods going back upto 10 years.
When is the best time to exchange AUD to DKK?
Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.
Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.
We help you Save Money on Exchange Rates.
View all AUD Exchange Rates