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CAD to DKK - Best Rates Guide

We review Canadian Dollar to Danish Krone latest & historic FX rates along with recent CAD/DKK Trend and Alerts.

 

Best CAD to DKK Rate

1 CAD = 4.7997 DKK
LATEST CAD/DKK MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

SELL CAD  :  BUY DKK 
Invert Rate
DKK to CAD
SELL DKK  :  BUY CAD
CADDKK at 4.7991 is near its 90-DAY average, range 4.7260-4.8635.
🔔 CADDKK is DOWN 0.8% TODAY.
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Alert:1-DAY0.8% |
 
CAD to DKK - Trends & Alerts

View My Alerts

     

Comparing CAD to DKK Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale CAD/DKK rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for CAD to DKK International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Canadian Dollar to Danish Krone - Quick Conversions

CAD DKK
C$ 1 Dkr 4.7997
C$ 5 Dkr 24.00
C$ 10 Dkr 48.00
C$ 20 Dkr 95.99
C$ 50 Dkr 239.99
C$ 100 Dkr 479.97
C$ 250 Dkr 1,200
C$ 500 Dkr 2,400
C$ 1,000 Dkr 4,800
C$ 2,000 Dkr 9,599
C$ 5,000 Dkr 23,999
C$ 10,000 Dkr 47,997
C$ 50,000 Dkr 239,985
C$ 100,000 Dkr 479,970
More amounts
CAD DKK
C$ 0.2083 Dkr 1
C$ 1.0415 Dkr 5
C$ 2.0830 Dkr 10
C$ 4.1660 Dkr 20
C$ 10.42 Dkr 50
C$ 20.83 Dkr 100
C$ 52.08 Dkr 250
C$ 104.15 Dkr 500
C$ 208.30 Dkr 1,000
C$ 416.60 Dkr 2,000
C$ 1,042 Dkr 5,000
C$ 2,083 Dkr 10,000
C$ 10,415 Dkr 50,000
C$ 20,830 Dkr 100,000
More amounts

Calculate other CAD/DKK amounts (from or to) at mid-market with our CAD to DKK Calculator .

 

Canadian Dollar and Danish Krone - Market News

 

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)

Canadian Dollar exchange rates have gained amid Canada's economic outlook and recovering oil prices. Early success in controlling COVID-19 has helped the Canadian economy to rebound as massive government aid boosted consumer spending and low interest rates fueled a surge in the housing market.

Get more details in the article Canadian Dollar 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.

   

Country Guides - Danish Krone

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

How to get Good CAD to DKK Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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.

 

What is a good CAD to DKK exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian Dollar vs Danish Krone current value is to look the CAD/DKK historic rate and change over a range of periods.

The following table looks at the change in the CAD to DKK exchange rate over periods from the previous week back to the last 10 years.

CAD/DKKChangePeriod
4.8366
15 Jan 2021
0.8% ▼1 Week
4.7495
23 Dec 2020
1.1% ▲30 Days
4.7798
24 Oct 2020
0.4% ▲90 Days
5.1490
23 Jan 2020
6.8% ▼1 Year
4.8893
24 Jan 2016
1.8% ▼5 Years
5.4780
25 Jan 2011
12.4% ▼10 Years

CAD/DKK 10 year historic rates & change to 22-Jan-2021 : 4.7999

 
   

Will the Canadian Dollar rise against the Danish Krone?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/DKK to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.