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DKK/GBP - Convert Compare Save

Danish Krone to British Pound Sterling exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Danish Krone to British Pound Sterling exchange rate, has news, forecasts and DKK to GBP comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

DKK/GBP Exchange Rates - How to Compare & Save

Exchange rates can 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 DKK/GBP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive GBP(£)Exchange RateFee DKKTotal CostDeal Links
OFX logo
1,188 GBP0.11880 for BER users (normally $15)1.16%
Danske Bank International Money Transfers
Danske Bank logo
1,148.4 GBP0.116Dkr1004.46%
Jyske Bank International Money Transfers
Jyske Bank logo
1,144.44 GBP0.1156Dkr1004.79%
Nordea Bank International Money Transfers
Nordea Bank logo
1,142.46 GBP0.1154Dkr1004.95%
Banks - Average Rate
Citibank logo HSBC logo Danske Bank logo Nordea Bank logo Jyske Bank logo
1,139 GBP0.1146155.27%
HSBC logo
1,134.3 GBP0.1136Dkr155.63%
Citibank International Money Transfers
Citibank logo
1,123.65 GBP0.1125126.52%
 
OFX: Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:0 for BER users (normally $15)
Exchange Rate:0.1188 (1.16% from mid-rate)
GBP amount:1,188 GBP
Total Cost:1.16%
Time:
Rate Fetched: 1:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Danske Bank logoDanske Bank

Danske Bank: Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:Dkr100 DKK (1%)
Exchange Rate:0.1160 (3.49% from mid-rate)
GBP amount:1,148.4 GBP
Total Cost:4.46%
Difference:
40 GBP less than using OFX
Time:1:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Jyske Bank logoJyske Bank

Jyske Bank: Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:Dkr100 DKK (1%)
Exchange Rate:0.1156 (3.83% from mid-rate)
GBP amount:1,144.44 GBP
Total Cost:4.79%
Difference:
44 GBP less than using OFX
Time:1:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Nordea Bank logoNordea Bank

Nordea Bank: Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:Dkr100 DKK (1%)
Exchange Rate:0.1154 (3.99% from mid-rate)
GBP amount:1,142.46 GBP
Total Cost:4.95%
Difference:
46 GBP less than using OFX
Time:1:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:15
Exchange Rate:0.1148 (4.49% from mid-rate)
GBP amount:1,139 GBP
Total Cost:5.27%
Difference:
49 GBP less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:Dkr15 DKK (.15%)
Exchange Rate:0.1136 (5.49% from mid-rate)
GBP amount:1,134.3 GBP
Total Cost:5.63%
Difference:
54 GBP less than using OFX
Time:1:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer DKK→GBP
DKK amount:10,000 DKK
Fee:12
Exchange Rate:0.1125 (6.41% from mid-rate)
GBP amount:1,123.65 GBP
Total Cost:6.52%
Difference:
64 GBP less than using OFX
Time:1:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/20/2019 - See full table

DKK to GBP interbank exchange rate = 0.1202

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on DKK/GBP exchange rates

Foreign Transfers

Foreign Transfers Travel Money

   

DKK and GBP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the DKK vs GBP, you should pay attention to the recent market trends for both currencies.

 

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.

 

British Pound Sterling (GBP)

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Pound valuations will continue to fluctuate based on No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

Read more in the article GBP Forecasts.

Why can't I just get the DKK/GBP market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the DKK / GBP was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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 foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all DKK Exchange Rates