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AUD to DKK - Rate Guide

Australian Dollar to Danish Krone exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/DKK update & alerts

1 AUD = 4.5817 DKK

At 4.5817 AUD/DKK was trading near its 90-DAY average 4.5886 with HIGH-LOW 4.6891-4.4935. There are currently no alerts. Updated: 00:51-AEDT 14:51-BST 09:51-EDT
 

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AUD/DKK Exchange Rates and Providers Compared

This guide to the Australian Dollar to Danish Krone exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to DKK comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the AUD/DKK Calculator.

AUD / DKK converter & margin calculator

A$AUD
DkrDKK
mid-rates

Compare how much you can save on AUD/DKK exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

Australian Dollar

Danish Krone

1 AUD 4.5817 DKK
5 AUD 22.91 DKK
10 AUD 45.82 DKK
20 AUD 91.63 DKK
50 AUD 229.09 DKK
100 AUD 458.17 DKK
250 AUD 1,145.43 DKK
500 AUD 2,290.85 DKK
1,000 AUD 4,581.70 DKK
2,000 AUD 9,163.40 DKK
5,000 AUD 22,908.50 DKK
10,000 AUD 45,817.00 DKK
50,000 AUD 229,085.00 DKK
100,000 AUD 458,170.00 DKK
See more

Australian Dollar

Danish Krone

0.2183 AUD 1 DKK
1.0915 AUD 5 DKK
2.1830 AUD 10 DKK
4.3660 AUD 20 DKK
10.92 AUD 50 DKK
21.83 AUD 100 DKK
54.58 AUD 250 DKK
109.15 AUD 500 DKK
218.30 AUD 1,000 DKK
436.60 AUD 2,000 DKK
1,091.50 AUD 5,000 DKK
2,183.00 AUD 10,000 DKK
10,915.00 AUD 50,000 DKK
21,830.00 AUD 100,000 DKK
See more
Country Guides (AUD & DKK)
AustraliaAustralia (AUD)DenmarkDenmark (DKK)Christmas IslandChristmas Island (AUD)
Cocos Keeling IslandsCocos Keeling Islands (AUD)Faroe IslandsFaroe Islands (DKK)GreenlandGreenland (DKK)
Heard And McDonald IslandsHeard And McDonald Islands (AUD)KiribatiKiribati (AUD)NauruNauru (AUD)
Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)

AUD/DKK - Historical Trends

This table shows historic rates and trends of Australian Dollar to Danish Krone over periods upto 10 years.

PeriodChange*AUD/DKKDate
1 Day-0.1%4.583217 Oct 2019
7 Day-0.4%4.596911 Oct 2019
30 Day-0.9%4.620118 Sep 2019
3 Month-2.3%4.685220 Jul 2019
1 Year-0.9%4.621718 Oct 2018
5 Year-10.5%5.115519 Oct 2014
10 Year-0.5%4.602420 Oct 2009

*For period to 18-Oct 21UTC when AUD/DKK was 4.5797

You can use our AUD interactive charts to check AUDDKK historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

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 RBA dropped interest rates 25 basis points to a record 0.75% on Oct 1 with the Aussie responding with a drop below US67 cents. Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

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.

Why can't I just get the AUD/DKK market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / DKK was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates