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AUD to DKK - Compare Exchange Rates

Australian Dollar to Danish Krone - Convert Compare Save

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 and Travel Money transactions as shown below.

 

AUD to DKK interbank exchange rate = 4.6447

Right now the AUD/DKK interbank exchange rate is 4.6447. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Danish Krone to Australian Dollar.

This AUD/DKK Converter calculates equivalent Australian Dollar to Danish Krone amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / DKK converter & margin calculator


$AUD
krDKK
Mid-rates:
 

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AUD/DKK exchange rates for:

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Australian Dollar

Danish Krone

1 AUD 4.6447 DKK
5 AUD 23.22 DKK
10 AUD 46.45 DKK
20 AUD 92.89 DKK
50 AUD 232.24 DKK
100 AUD 464.47 DKK
250 AUD 1,161.18 DKK
500 AUD 2,322.35 DKK
1,000 AUD 4,644.70 DKK
2,000 AUD 9,289.40 DKK
5,000 AUD 23,223.50 DKK
10,000 AUD 46,447.00 DKK
50,000 AUD 232,235.00 DKK
100,000 AUD 464,470.00 DKK
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Australian Dollar

Danish Krone

0.2153 AUD 1 DKK
1.0765 AUD 5 DKK
2.1530 AUD 10 DKK
4.3060 AUD 20 DKK
10.77 AUD 50 DKK
21.53 AUD 100 DKK
53.83 AUD 250 DKK
107.65 AUD 500 DKK
215.30 AUD 1,000 DKK
430.60 AUD 2,000 DKK
1,076.50 AUD 5,000 DKK
2,153.00 AUD 10,000 DKK
10,765.00 AUD 50,000 DKK
21,530.00 AUD 100,000 DKK
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Australian Dollar to Danish Krone (AUD-DKK) - 10 Year History

The below table shows the historic variation in the AUD/DKK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 20194.6700Latest
12 Mar 20194.66801 Week+0.04%
17 Feb 20194.71961 Month-1.05%
20 Sep 20184.61416 Months+1.21%
19 Mar 20184.65371 Year+0.35%
19 Mar 20175.33402 Years-12.45%
20 Mar 20144.88675 Years-4.43%
21 Mar 20093.785010 Years+23.38%

Why can't I just get the AUD/DKK market rate I see on Google or in the Media?

The AUD/DKK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / DKK was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market AUD/DKK midrate the better deal you are getting.

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

The three things you need in order to get a good AUD to DKK exchange rate

  1. Know the latest AUD/DKK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Danish Krone

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs DKK, you should pay attention to both Australian Dollar and Danish Krone news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Danish Krone (DKK) - Market news and forecasts

13-February-19: 2018 was a mixed year for the Danish krone. A 4.5 percent loss versus the US dollar was offset by a near-6 percent gain versus the Australian dollar and small gains against other majors.

Since November, the krone has traded along a channel between kr6.5 and kr6.65 per USD, showing remarkable stability. It was, however, quoted within the weakest third of this range at kr6.61 at the time of writing; the krone was down 1.5 percent year-to-date.

At the time of writing, the krone was 2.5 percent weaker on the year against the pound, at kr8.45. Most price action since September has been between kr8.23 and kr8.63.

Like the euro against which it is pegged, the krone is understandably under pressure in early 2019 ahead of Brexit and from increasing Europe-wide recession risks — Italy slid into recession in February and Germany barely escaped one in the October-December period.

The main krone-supporting factor this year would be an interest rate hike by the ECB, although this is up in the air considering the aforementioned risks. Any ECB hike would be followed by action from Denmark’s Nationalbank so that the krone-euro peg could be maintained.

Forecasts: Implied USD/DKK forecasts from BMO Capital Markets are for a rate of kr6.71 by the end of April. Experts at Natwest predicted GBP/DKK at kr8.78 in mid-year.

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