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CAD to DKK - Rate Guide

Canadian 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/Card transactions as shown below.

 

1 CAD = 5.2121 DKK

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CAD to DKK - Trading Range (90 Day)
90-DAY HIGH (2d)
CAD/DKK at 5.1992 is trading 1.4% above the 90-day average 5.1254 with a range 5.0685 to 5.2028. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Canadian Dollar to Danish Krone

CAD

DKK

C$ 1
Dkr 5.2121
C$ 5
Dkr 26.06
C$ 10
Dkr 52.12
C$ 20
Dkr 104.24
C$ 50
Dkr 260.61
C$ 100
Dkr 521.21
C$ 250
Dkr 1,303
C$ 500
Dkr 2,606
C$ 1,000
Dkr 5,212
C$ 2,000
Dkr 10,424
C$ 5,000
Dkr 26,061
C$ 10,000
Dkr 52,121
C$ 50,000
Dkr 260,605
C$ 100,000
Dkr 521,210
More amounts

CAD

DKK

C$ 0.1919
Dkr 1
C$ 0.9595
Dkr 5
C$ 1.9190
Dkr 10
C$ 3.8380
Dkr 20
C$ 9.5950
Dkr 50
C$ 19.19
Dkr 100
C$ 47.98
Dkr 250
C$ 95.95
Dkr 500
C$ 191.90
Dkr 1,000
C$ 383.80
Dkr 2,000
C$ 959.50
Dkr 5,000
C$ 1,919
Dkr 10,000
C$ 9,595
Dkr 50,000
C$ 19,190
Dkr 100,000
More amounts

To calculate specific CAD/DKK amounts use our Convert CAD 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 (CAD & DKK)

DenmarkDenmark (DKK)CanadaCanada (CAD)Faroe IslandsFaroe Islands (DKK)
GreenlandGreenland (DKK)

CAD and DKK in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs DKK, you should pay attention to the recent market trends for both currencies.

Canadian Dollar (CAD)

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 threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD 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 CAD 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.

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

When is the best time to exchange CAD 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.

Setup myBER FX Alerts

It is also a good idea to be aware of the change in the historic CAD/DKK exchange rate over longer periods.

CAD/DKK - Historical Rates

PeriodChange*CAD/DKKDate
1 Day+0.2%5.194813 Feb 2020
7 Day+1.4%5.130707 Feb 2020
30 Day+1.2%5.138715 Jan 2020
3 Month+1.7%5.113916 Nov 2019
1 Year+4.7%4.966914 Feb 2019
5 Year-0.8%5.244615 Feb 2015
10 Year0%5.204716 Feb 2010

*For period to 14-Feb 21UTC when CAD/DKK was 5.2026

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