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GBP to DKK - Rate Guide

Pound Sterling to Danish Krone 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/Card transactions as shown below.

 

1 GBP = 8.9235 DKK

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GBP to DKK - Trading Range (90 Day)
90-DAY HIGH (7d)
GBP/DKK at 8.93 was trading 1.3% above the 90-day average 8.8159 with a range 8.7035 to 8.9948. There are no current rate alerts.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

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Quick Conversions from Pound Sterling to Danish Krone

GBP

DKK

£ 1
Dkr 8.9235
£ 5
Dkr 44.62
£ 10
Dkr 89.24
£ 20
Dkr 178.47
£ 50
Dkr 446.18
£ 100
Dkr 892.35
£ 250
Dkr 2,231
£ 500
Dkr 4,462
£ 1,000
Dkr 8,924
£ 2,000
Dkr 17,847
£ 5,000
Dkr 44,618
£ 10,000
Dkr 89,235
£ 50,000
Dkr 446,175
£ 100,000
Dkr 892,350
More amounts

GBP

DKK

£ 0.1121
Dkr 1
£ 0.5605
Dkr 5
£ 1.1210
Dkr 10
£ 2.2420
Dkr 20
£ 5.6050
Dkr 50
£ 11.21
Dkr 100
£ 28.03
Dkr 250
£ 56.05
Dkr 500
£ 112.10
Dkr 1,000
£ 224.20
Dkr 2,000
£ 560.50
Dkr 5,000
£ 1,121
Dkr 10,000
£ 5,605
Dkr 50,000
£ 11,210
Dkr 100,000
More amounts

To calculate specific GBP/DKK amounts use our Convert GBP to DKK quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (GBP & DKK)

United KingdomUnited Kingdom (GBP)United Kingdom (GBP)DenmarkDenmark (DKK)
Faroe IslandsFaroe Islands (DKK)GreenlandGreenland (DKK)GuernseyGuernsey (GBP)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)

GBP and DKK in the Markets

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

Pound Sterling (GBP)

With the Bank of England holding interest rates steady amid signs of a recovery in the health of the UK economy following the general election, the pound is showing strength against most currencies early in 2020.

In the post UK election euphoria the pound rose to over 1.33 USD and 1.20 EUR but has since dropped back over the uncertainty of what sort of trade deal the UK can realistically negotiate with Europe over the next 11 months.

GBP has given up all of those election result gains as Mr Johnson pledged to outlaw any extension to the UK’s post-Brexit transition period at the end of next year. It appears the Brexit volatility in the pound is set to continue for the foreseable future.

Read more in the article GBP Forecasts.

 

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.


How to get Best GBP to DKK Exchange Rates

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).

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.

What is a good GBP to DKK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the GBP to DKK exchange rate to the present day for periods going back upto 10 years.

PeriodChange*GBP/DKKDate
1 Day+0.3%8.900324 Feb 2020
7 Day-0.8%8.996018 Feb 2020
30 Day+0.8%8.853626 Jan 2020
3 Month+1.7%8.778427 Nov 2019
1 Year+3.6%8.618325 Feb 2019
5 Year-12.8%10.240726 Feb 2015
10 Year+7.2%8.330727 Feb 2010

*For period to 25-Feb 21UTC when GBP/DKK was 8.9275

When is the best time to exchange GBP to DKK?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all GBP Exchange Rates