Loading...

Home pages - full list (A-Z)

DKK/NOK - Live Converters & Chart

Danish Krone to Norwegian Krone - Convert Compare Save

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

 

DKK to NOK interbank exchange rate = 1.3033

This calculator converts amounts at the latest NOK/DKK mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

DKK / NOK converter & margin calculator

krDKK
krNOK
Mid-rates:
 
 

Foreign Transfers Travel Money

Compare how much you can save on DKK/NOK exchange rates for:

Foreign Transfers

Danish Krone

Norwegian Krone

1 DKK 1.3033 NOK
5 DKK 6.5165 NOK
10 DKK 13.03 NOK
20 DKK 26.07 NOK
50 DKK 65.17 NOK
100 DKK 130.33 NOK
250 DKK 325.83 NOK
500 DKK 651.65 NOK
1,000 DKK 1,303.30 NOK
2,000 DKK 2,606.60 NOK
5,000 DKK 6,516.50 NOK
10,000 DKK 13,033.00 NOK
50,000 DKK 65,165.00 NOK
100,000 DKK 130,330.00 NOK
See more

Danish Krone

Norwegian Krone

0.7673 DKK 1 NOK
3.8365 DKK 5 NOK
7.6730 DKK 10 NOK
15.35 DKK 20 NOK
38.37 DKK 50 NOK
76.73 DKK 100 NOK
191.83 DKK 250 NOK
383.65 DKK 500 NOK
767.30 DKK 1,000 NOK
1,534.60 DKK 2,000 NOK
3,836.50 DKK 5,000 NOK
7,673.00 DKK 10,000 NOK
38,365.00 DKK 50,000 NOK
76,730.00 DKK 100,000 NOK
See more
NOK Country Guides
NorwayNorwayBouvet IslandBouvet IslandSvalbard And Jan MayenSvalbard And Jan Mayen

DKK/NOK - Historical Trends

This table shows historic rates and trends of Danish Krone to Norwegian Krone over periods upto 10 years.

PeriodDKK/NOKDate
1 Day1.313918 May 2019
1 Week1.313112 May 2019
1 Month1.281719 Apr 2019
6 Months1.308020 Nov 2018
1 Year1.282619 May 2018
5 Years1.092220 May 2014
10 Years1.188821 May 2009

You can use our DKK interactive charts to check DKKNOK historic trends.

Outlook and forecasts for DKK and NOK

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the DKK vs NOK, you should pay attention to the forecasts and trends for both Danish Krone and Norwegian Krone:

 

Danish Krone (DKK) outlook

Against the dollar, the Danish krone remains weak. At kr6.635 per USD on April-22, the krone is only 2.4 percent away from making a 22-month low.

Being pegged to the euro, krone weakness has been driven partly by Brexit uncertainties and has followed recent dovishness from the ECB: with the eurozone economy struggling, the ECB has said it will push back its first interest rate rise in 7 ½ years to 2020 at the earliest.

Forecasts: Based on ING’s March forecasts for the euro, the krone is likely to continue to depreciate against USD over the coming months. ANZ has also said that the krone will weaken, most likely to kr6.9 by mid-year. Danske Bank EUR/USD forecasts imply a USD/DKK rate between kr6.45 and kr6.65 at year-end.

 

Norwegian Krone (NOK) outlook

In the second half of April, the Norwegian krone rallied to a 5-month high against the euro, at Kr9.56, and was strong against other major currencies. Strength was fuelled by a thriving oil market. Oil, Norway’s largest export, was up 44 percent on the year by April-20, to $65 per barrel. Also boosting the krone in April were better-than-expected inflation figures — inflation is now 2.9 percent, more than double that in the Euro Area (1.4 percent).

As expected, Norway's central bank raised interest rates to 1 percent in March. Tighter Norwegian monetary policy throughout 2019 would support the krone, especially if the ECB fails to raise rates.

Earlier this year, Lloyds predicted EUR/NOK at 9.4 at year-end. That level represents a major resistance point for the krone; EUR/NOK hasn’t broken below 9.4 since October 2017.

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

The DKK/NOK mid-rate is the rate you will see quoted online 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 / NOK was traded (bought or sold) in the international markets.

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