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  1. Exchange Rates
  2. Danish krone (DKK)
  3. Chinese yuan (CNY)

Convert DKK to CNY at Best Exchange Rates

Use this two-way calculator and chart to calculate amounts in either Danish krone or 1000 using the real-time DKK/CNY market mid-rate. Then choose your transaction type Foreign Transfer Travel Money to see the available exchange rates and reviews for our leading foreign exchange providers.

DKK to CNY mid-rate calculator

kr
¥
1 DKK equals
CNY 1DKK=CNY


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Danish krone to Chinese yuan - historic rates


There are three important types of information that you need to know if you are to have any chance of getting the best possible DKK / CNY rate :

  1. Market DKK to CNY mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for Danish krone and Chinese yuan.

1. Market DKK/CNY mid-rate

Right now the DKK/CNY market rate is and represents how many Chinese yuan you can get for one Danish krone.

The DKK/CNY mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the DKK / CNY was traded (bought or sold) in the international markets.

1 Danish krone equals
Chinese yuan 1=

You can calculate with the current mid-rate using our DKK to CNY calculator below but note the rate will most likely be quite different by the time you make you currency exchange.


2. Transaction Costs - Margins and Fees for DKK/CNY Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


Getting a good market rate is mainly about timing however 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 comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same DKK/CNY market rate I see on Google or in the Media?

When you look up the current Danish krone to Chinese yuan exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great DKK to CNY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below DKK to CNY calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Danish krone cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Danish krone and Chinese yuan

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the DKK vs CNY, you should pay attention to both Danish krone and Chinese yuan news and forecasts.

Danish krone (DKK) - Market news and forecasts

Being pegged to the euro, the Danish krone shares the same general trading patterns and outlook as does the single currency.

Like the euro, the krone had been one of the world's best performing currencies in 2017, rising to long-term highs, and it was broadly stable in early 2018.

In early 2018, USD/DKK was repeatedly pushed back from support at 5.93 as a result of EUR/USD simultaneously failing to rally through 1.25.

In February, Exante Data founder Jens Nordvig said that rallies in USD/DKK should be used as shorting opportunities (he expected further krone appreciation), although Nordvig declined from giving precise downside targets.

Against sterling, between October '17 and February '18, the krone did little. A GBP/DKK rate of 8.43 in late February was more or less identical to that in late September, five months earlier.

For 2018, based on forecasts for EUR/GBP, we can say that Danske Bank have predicted GBP/DKK at 8.65 at year-end, while UBS sees 7.83.

Chinese yuan (CNY) - Market news and forecasts

In late March, a USD/CNY rate of 6.242 marked the yuan’s strongest level against the dollar since mid-2015. The yuan also rose to long-term highs against the Australian dollar and Canadian dollar. Against the euro, pound and yen, it traded near 12-month averages.

The yuan’s first-quarter appreciation against the US dollar was attributed to expectations for a stronger yuan amid a looming US-China trade war and also to large inflows of investment capital into China, driven in part by the inclusion of Chinese equities and yuan-denominated bonds in widely followed indices and by the introduction of the world’s first exchange-traded, yuan-denominated oil futures.

Expectations for a stronger yuan followed the introduction of tariffs by Washington on $60 billion worth of Chinese goods – tariffs aimed at reducing the US’ $375 billion trade deficit with China. Despite talking tough, it was believed by most that Beijing would seek to appease Washington in order to avert a full-blown trade war, which might be achieved by allowing the yuan to appreciate – a move that would make Chinese goods less attractive to US buyers, shrinking the deficit.

For year-end, most forecasts (taken in February) for the yuan ranged between 6.1 and 6.25 per US dollar. A notable exception came from ABN Amro, which cited expectations for a modest recovery in the greenback as its reason for predicting 6.5.