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    TD Bank CAD to DKK Exchange Rates

    Compare & Save on TD Bank Canadian dollar to Danish krone FX rates - Check CAD to krone trends and forecasts.

     
    1 CAD =
    5.6453We compare provider deals to this wholesale mid-market rate. Read more
    DKK
    CAD to DKK at 5.6503 is near its 90-day average 5.6589 with range 5.5117-5.7668.
    |
    Sell CAD   →   Buy DKK
    Track Rate

    4-DAY+1.5%2d
    14-DAYHIGH2d
     

    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.


    Since the start of the Russia/Ukrainian war the risk on-off markets had been pushing the Canadian dollar rate up and down in a range around 0.7850 to the US dollar.

    However from mid-September the loonie has weakened down from this range to around 0.73 relative to the greenback.

     CAD Outlook

    DateCAD/DKKChangePeriod
    13 Sep 2022
    5.6601
    0.2% 2 Week
    29 Jun 2022
    5.5281
    2.2% 3 Month
    27 Sep 2021
    5.0351
    12.2% 1 Year
    28 Sep 2017
    5.0795
    11.2% 5 Year
    29 Sep 2012
    5.8962
    4.2% 10 Year
    02 Oct 2002
    4.7651
    18.6% 20 Year
    CAD/DKK historic rates & change to 27-Sep-2022

    TD Bank - CAD to DKK - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged on CAD to krone and the possible savings of using different FX providers.

     

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    TD Bank Exchange Rates at a glance

    TD Bank offer competitive exchange rates on over 50 foreign currencies for travel money and transfers via their online internet banking at their branches.

    As usual non-cash rates for transfers are better than Travel Money (Cash) Rates. This reflects the costs and risks associated with shipping, handling and holding foreign currency in cash.

    TD Bank publish their CAD and USD exchange rates here. These Non-Cash rates are available to TD bank clients only and apply to the conversion of paper and electronic instruments such as wire transfers, cheques, drafts, etc.

       

    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest CAD to krone exchange rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

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

       

    Country Guides - Canadian dollar & Danish krone

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

    How to get a good CAD to DKK Exchange Rate

    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

    Generally speaking, if you are buying Danish krone with Canadian dollar, then it's good 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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Denmark.

     

    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.

     
    Track Rate
     

    Manage My Rates

     

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

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.