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Best CAD to DKK Exchange Rates Compared Live

The best CAD to DKK exchange rate is 5.1017. Compare foreign transfer and currency exchange rates, find better rates & deals.

CAD-DKK Best Exchange Rate Calculator
 

Comparing CAD-DKK exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Danish krone (DKK) rates from different sources before making a conversion.

The above Loonie to Krone comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest CAD-DKK mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : 🔍 CAD to DKK remains stable just below 3-month avg. FX analysts watch oil & USD ties as BoC decisions loom. DKK's Euro peg offers trade predictability. Market eyes 2025 for CAD gains as USD may soften. #CADtoDKK #CurrencyUpdate #ForexMarket

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

CAD to DKK Market Data

Canadian dollar (CAD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 CAD =
5.1017We compare provider deals to this wholesale mid-market rate. Read more
DKK
+0.2%
📈2W
CAD to DKK is at 14-day highs near 5.0773, just below its 3-month average, having traded in a very stable 2.1% range from 5.0374 to 5.1434
|
Sell CAD   →   Buy DKK
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  1 DKK = 0.1960 CAD
DateCAD/DKKChangePeriod
13 Mar 2024
5.0560
0.4% 2 Week
28 Dec 2023
5.0902
0.3% 3 Month
28 Mar 2023
5.0563
0.4% 1 Year
29 Mar 2019
4.9842
1.9% 5 Year
30 Mar 2014
4.9108
3.4% 10 Year
01 Apr 2004
4.6088
10.2% 20 Year
CAD/DKK historic rates & change to 27-Mar-2024
 

What are equivalent amounts of CAD and DKK?

Here are some popular conversion amounts for CAD to DKK (Canadian dollar to Danish krone)*.

CAD DKK
C$ 1 kr 5.1017
C$ 5 kr 25.51
C$ 10 kr 51.02
C$ 20 kr 102.03
C$ 50 kr 255.09
C$ 100 kr 510.17
C$ 250 kr 1,275
C$ 500 kr 2,551
C$ 1,000 kr 5,102
C$ 2,000 kr 10,203
C$ 5,000 kr 25,509
C$ 10,000 kr 51,017
C$ 20,000 kr 102,034
C$ 50,000 kr 255,085
C$ 100,000 kr 510,170
CAD DKK
C$ 0.1960 kr 1
C$ 0.9800 kr 5
C$ 1.9600 kr 10
C$ 3.9200 kr 20
C$ 9.8000 kr 50
C$ 19.60 kr 100
C$ 49.00 kr 250
C$ 98.00 kr 500
C$ 196.00 kr 1,000
C$ 392.00 kr 2,000
C$ 980.00 kr 5,000
C$ 1,960 kr 10,000
C$ 3,920 kr 20,000
C$ 9,800 kr 50,000
C$ 19,600 kr 100,000

More amounts

*Converted at the current CADDKK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for CAD to DKK

 

Based on recent currency market updates, the Canadian Dollar (CAD) has shown resilience despite fluctuations in oil prices and remains moderately stable. The CAD has a strong correlation with the US Dollar and is influenced by various factors such as global economic growth prospects, oil market dynamics, and monetary policy decisions by the Bank of Canada (BoC). Analyst forecasts suggest that while the CAD may face pressure due to potential BoC interest rate cuts and a strong positive correlation with the USD this year, optimism exists for a stronger CAD in the future, particularly in 2025 when the USD might weaken against other major currencies.

Read our full review of recent CAD to DKK forecasts.

 

How to get a good CAD to DKK exchange rate

There are several ways to save on exchange rates when converting Canadian dollar to Danish krone:

  1. Shop around for the best CAD/DKK exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the CAD/DKK rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and DKK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Danish krone with Canadian dollar, then it's better for the CAD/DKK exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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 personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Denmark - a practical currency and money guide to travel, living and doing business in Denmark with the Danish krone.

 
 
 

Currency Country Guides

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

Expat life in Denmark

For expats, Denmark is known for its high standard of living, excellent healthcare and education system, and strong economy. The country is also home to a diverse expat community, and major cities like Copenhagen and Aarhus offer a vibrant international community. However, the cost of living in Denmark can be relatively high, especially in major cities like Copenhagen. The weather in Denmark can be quite cold in the winter and quite cool in the summer with the occasional periods of rain throughout the year.

The language might be a barrier for some expats, as Danish is not widely spoken as a second language. However, in major cities like Copenhagen, most people do speak English fluently, and most official forms, documents and customer services are available in English.

Read more at our Denmark (DKK) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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