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CAD to DKK - Exchange Rate Overview

Canadian Dollar to Danish Krone exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

C$1,000 CAD
=
Dkr4,929 DKK

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 CAD = 4.9285 DKK

Sell CAD / Buy DKK 

 
CAD to DKK 90-day trend
ALERT:1-DAY0.8% |
CAD/DKK at 4.9292 was trading near AVG:4.928 with LO:4.7198 and HI:5.2225 (90 days). ALERT: Today CAD/DKK is UP 0.8%

Canadian Dollar to Danish Krone - Quick Conversions

CAD DKK
C$ 1 Dkr 4.9285
C$ 5 Dkr 24.64
C$ 10 Dkr 49.29
C$ 20 Dkr 98.57
C$ 50 Dkr 246.43
C$ 100 Dkr 492.85
C$ 250 Dkr 1,232
C$ 500 Dkr 2,464
C$ 1,000 Dkr 4,929
C$ 2,000 Dkr 9,857
C$ 5,000 Dkr 24,643
C$ 10,000 Dkr 49,285
C$ 50,000 Dkr 246,425
C$ 100,000 Dkr 492,850
More amounts
CAD DKK
C$ 0.2029 Dkr 1
C$ 1.0145 Dkr 5
C$ 2.0290 Dkr 10
C$ 4.0580 Dkr 20
C$ 10.15 Dkr 50
C$ 20.29 Dkr 100
C$ 50.73 Dkr 250
C$ 101.45 Dkr 500
C$ 202.90 Dkr 1,000
C$ 405.80 Dkr 2,000
C$ 1,015 Dkr 5,000
C$ 2,029 Dkr 10,000
C$ 10,145 Dkr 50,000
C$ 20,290 Dkr 100,000
More amounts

To calculate your own 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.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/DKK International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 
 

Danish Krone (DKK) Country Guides

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

Canadian Dollar and Danish Krone Forecasts

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.

 

What is a good CAD to DKK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the CAD to DKK exchange rate over periods upto 10 years.

CAD/DKKPeriod to 26-MayDateRate
0.7% ▲1 Week19 May 20204.8948
0.9% ▲30 Days26 Apr 20204.8848
4.2% ▼90 Days26 Feb 20205.1431
0.7% ▼1 Year27 May 20194.9639
10% ▼5 Years28 May 20155.4792
14.1% ▼10 Years29 May 20105.7388
CAD/DKK 10 year rates & changes to 26-May-2020 (4.9296)
 

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 BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all CAD Exchange Rates