The live mid-rate CAD to DKK exchange rate is 4.7515. Compare currency conversion rates - Reduce FX costs.
The best CAD to DKK exchange rate is our partner deal rate of 4.7277 from OFX . This is -0.5% compared to the mid-market rate 4.7515.
The standard OFX CAD-DKK rate is 4.6558, -2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Danish krone (DKK) rates from different sources before making a conversion.
Looking at our comparison table the best CAD to DKK exchange rate is 4.7277 from OFX, -0.5% from the mid-market rate 4.7515. The next best rate is 4.723 from XE, -0.6% from the mid-rate. Then Wise with 4.7182 is -0.7% from the mid-rate.
The Western Union rate is 4.704 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 4.9068 at 3.3%, the Scotiabank rate is 4.5809 at -3.6%, and the Royal Bank of Canada rate is 4.5977 at -3.2% compared to the mid-rate 4.7515.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Loonie to Krone comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-DKK mid-rate (see Market Data below ) and the possible savings of using various providers.
Canadian dollar (CAD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | CAD/DKK | Change | Period |
---|---|---|---|
01 Apr 2025 | 4.8358 | 2% ▼ | 2 Week |
15 Jan 2025 | 5.0577 | 6.3% ▼ | 3 Month |
15 Apr 2024 | 5.0926 | 6.9% ▼ | 1 Year |
16 Apr 2020 | 4.8943 | 3.1% ▼ | 5 Year |
18 Apr 2015 | 5.6455 | 16% ▼ | 10 Year |
20 Apr 2005 | 4.6080 | 2.9% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to DKK (Canadian dollar to Danish krone)*.
CAD | DKK |
---|---|
C$ 1,000 | kr 4,752 |
C$ 5,000 | kr 23,758 |
C$ 20,000 | kr 95,030 |
C$ 100,000 | kr 475,150 |
CAD | DKK |
---|---|
C$ 210.50 | kr 1,000 |
C$ 1,053 | kr 5,000 |
C$ 4,210 | kr 20,000 |
C$ 21,050 | kr 100,000 |
More amounts
*Converted at the current CADDKK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) has shown resilient strength recently, even as oil prices have dropped significantly, reaching a four-year low. Analysts have noted a potential decoupling between the loonie and oil prices, which is unusual given Canada's status as a major oil exporter. The CAD currently trades at around 4.7425 DKK, marking a notable decline of 3.3% from its three-month average of 4.9034 DKK. It has been relatively stable within a range of 4.7322 to 5.0709 DKK over the past month.
Read our full review of recent CAD to DKK forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Danish krone:
Generally speaking, if you are buying Danish krone with Canadian dollar, then it's better for the CAD/DKK exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to Denmark — a practical currency and money guide to travel in Denmark plus living and doing business with the Danish krone.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add CAD/DKK to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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For expats, Denmark is known for its high standard of living, excellent healthcare and education system, and strong economy. The country is also home to a diverse expat community, and major cities like Copenhagen and Aarhus offer a vibrant international community. However, the cost of living in Denmark can be relatively high, especially in major cities like Copenhagen. The weather in Denmark can be quite cold in the winter and quite cool in the summer with the occasional periods of rain throughout the year.
The language might be a barrier for some expats, as Danish is not widely spoken as a second language. However, in major cities like Copenhagen, most people do speak English fluently, and most official forms, documents and customer services are available in English.
The cost of living in Denmark is generally considered to be high compared to many other countries. Denmark has a high standard of living and a high per capita income, and this has led to high prices for goods and services in the country. However, the cost of living in Denmark can vary depending on a number of factors, including your personal expenses, the area in which you live, and your lifestyle.
Some things that may be more expensive in Denmark include housing, transportation, and food. However, there are also many things that are less expensive in Denmark, such as clothing and entertainment. Overall, the cost of living in Denmark is similar to that of other Scandinavian countries, such as Sweden and Norway.
It is worth noting that the cost of living in Denmark can vary significantly depending on the region. For example, the cost of living in Denmark's capital city, Copenhagen, is generally higher than in other parts of the country due to higher housing costs.
Read more at our Denmark (DKK) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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