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.
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
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/DKK | Change | Period |
|---|
| 4.8366 15 Jan 2021 | 0.8% â–¼ | 1 Week |
| 4.7495 23 Dec 2020 | 1.1% â–² | 30 Days |
| 4.7798 24 Oct 2020 | 0.4% â–² | 90 Days |
| 5.1490 23 Jan 2020 | 6.8% â–¼ | 1 Year |
| 4.8893 24 Jan 2016 | 1.8% â–¼ | 5 Years |
| 5.4780 25 Jan 2011 | 12.4% â–¼ | 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.