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Danish krone Markets

DKK Currency Update - Our review of Danish krone forecasts and news plus charts and historic rates. Check DKK Trends over various time periods.

 

The USD to DKK exchange rate has exhibited stability, currently standing at 6.4294, which is only 0.6% above its three-month average of 6.3939. Analysts note that the rate has remained within a 4.0% range of 6.2907 to 6.5446, indicating a generally range-bound trend as market participants await key economic data.

The US dollar's performance is closely tied to upcoming economic indicators, particularly the Consumer Price Index (CPI) report set for release. A rise in inflation could quell speculation around potential Federal Reserve rate cuts, thereby supporting the USD. Conversely, should the CPI report fall short of expectations, significant downward pressure on the dollar could ensue. Economists emphasize that given the recent federal government shutdown, this inflation data holds even greater significance than usual.

In addition to inflation concerns, the USD is influenced by several geopolitical and economic factors, including US-China trade tensions and changing global attitudes toward the dollar as a reserve currency. As nations explore alternatives to the USD, the overarching dynamics could impact the currency's strength moving forward.

Meanwhile, the Danish krone benefits from solid fiscal underpinnings, as confirmed by DBRS Morningstar’s reaffirmation of Denmark’s AAA credit rating. Recent integration into European payment systems has also positioned the DKK favorably, aligning it more closely with the euro region's financial infrastructure. However, the Danish economy is experiencing strains from global uncertainties, with market analysts noting that future interest rate adjustments by Danmarks Nationalbank are pivotal in maintaining the krone’s stability, especially amid expectations of European Central Bank rate hikes.

As the markets digest this confluence of factors, observers will closely monitor the USD to DKK rate for adjustments in response to economic signals and geopolitical developments, making strategic timing crucial for individuals and businesses engaged in international transactions.

 

US dollar to Danish krone - USD/DKK Trend

 
USD to DKK at 6.4265 is just 0.5% above its 3-month average of 6.3945, having traded in a very stable 4.0% range from 6.2907 to 6.5446
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DKK
 
1d0.0%
 
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Top DKK Rates


Danish krone to US dollar
DKKUSD 90 day chart

DKK to USD at 0.1556 is just 0.5% below its 3-month average of 0.1564, having traded in a quite stable 4.1% range from 0.1528 to 0.1590
DKK to USD
0.1556
1d+0.1%

Danish krone to Euro
DKKEUR 90 day chart

DKK to EUR is steady at its 3-month average 0.134.
DKK to EUR
0.1339
1d0.0%

Danish krone to Canadian dollar
DKKCAD 90 day chart

DKK to CAD at 0.2179 is just 0.5% above its 3-month average of 0.2168, having traded in a quite stable 4.1% range from 0.2113 to 0.2199
DKK to CAD
0.2179
1d0.0%

Danish krone to British pound
DKKGBP 90 day chart

DKK to GBP at 0.1169 is just 0.5% above its 3-month average of 0.1163, having traded in a stable 1.7% range from 0.1153 to 0.1173
DKK to GBP
0.1169
14dHighs
1d+0.3%

Danish krone to Indian rupee
DKKINR 90 day chart

DKK to INR at 13.67 is just 0.7% below its 3-month average of 13.76, having traded in a quite stable 5.1% range from 13.38 to 14.06
DKK to INR
13.67
60dLows
1d+0.1%

Danish krone to Japanese yen
DKKJPY 90 day chart

DKK to JPY at 23.78 is 2.3% above its 3-month average of 23.25, having traded in a quite stable 4.3% range from 22.81 to 23.80
DKK to JPY
23.78
14dHighs
1d+0.5%

Danish krone to Australian dollar
DKKAUD 90 day chart

DKK to AUD at 0.2390 is near its 3-month average, having traded in a very stable 2.8% range from 0.2360 to 0.2426
DKK to AUD
0.2390
1d−0.3%

Danish krone to Singapore dollar
DKKSGD 90 day chart

DKK to SGD at 0.2021 is just above its 3-month average, having traded in a very stable 2.5% range from 0.1981 to 0.2031
DKK to SGD
0.2021
1d+0.1%

Danish krone to Chinese yuan
DKKCNY 90 day chart

DKK to CNY at 1.1082 is just 0.8% below its 3-month average of 1.1173, having traded in a very stable 3.1% range from 1.0971 to 1.1309
DKK to CNY
1.1082
1d0.0%

A-Z


Danish krone to Euro
DKKEUR 90 day chart

DKK to EUR is steady at its 3-month average 0.134.
DKK to EUR
0.1339
1d0.0%

Danish krone to British pound
DKKGBP 90 day chart

DKK to GBP at 0.1169 is just 0.5% above its 3-month average of 0.1163, having traded in a stable 1.7% range from 0.1153 to 0.1173
DKK to GBP
0.1169
14dHighs
1d+0.3%

Danish krone to Indian rupee
DKKINR 90 day chart

DKK to INR at 13.67 is just 0.7% below its 3-month average of 13.76, having traded in a quite stable 5.1% range from 13.38 to 14.06
DKK to INR
13.67
60dLows
1d+0.1%

Danish krone to Norwegian krone
DKKNOK 90 day chart

DKK to NOK at 1.5587 is 1.0% below its 3-month average of 1.5744, having traded in a very stable 3.6% range from 1.5482 to 1.6042
DKK to NOK
1.5587
30dLows
1d+0.5%

Danish krone to Swedish krona
DKKSEK 90 day chart

DKK to SEK at 1.4629 is 1.3% below its 3-month average of 1.4815, having traded in a very stable 2.7% range from 1.4603 to 1.5002
DKK to SEK
1.4629
90dLows
1d+0.2%

Danish krone to US dollar
DKKUSD 90 day chart

DKK to USD at 0.1556 is just 0.5% below its 3-month average of 0.1564, having traded in a quite stable 4.1% range from 0.1528 to 0.1590
DKK to USD
0.1556
1d+0.1%