The comparison table above helps you see the total cost of your OFX currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
OFX - EUR Rate Margin Analysis
The average EUR rate margin offered by OFX is 3.2%.
This average is based on individual EUR 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
OFX - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by OFX for Euro (EUR 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias
EUR/DKK sits near the 90-day avg in the upper half of the 3-month range; bias is range-bound with the peg (Denmark's policy to defend the currency) keeping moves contained.
Key drivers
- Rate gap: ECB policy remains neutral to mildly hawkish on inflation; Denmark cut rates in 2025 to defend the peg, keeping the gap modest and EUR/DKK tethered to euro moves.
- Oil trends higher and more volatile; energy costs continue to influence euro-area inflation, which can sustain euro strength, yet the peg dampens large moves against the krona.
- Macro factor: ECB advances the digital euro project, eyeing issuance by 2029; this supports euro policy credibility and could influence cross-border settlement and hedging activity.
Range
Likely to drift within the recent channel, with a bias to test the upper end if euro positives persist; peg keeps breaks contained.
What could change it
- Upside risk: stronger euro-area data or a hawkish ECB signal could push EUR higher.
- Downside risk: renewed Danish rate cuts to defend the peg or unexpected euro weakness from global events
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EUR to DKK Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Danish krone across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
OFX Send Money conversion rate for EUR to DKK?
The OFX EUR to DKK exchange rate is 7.4492. This is -0.3% compared to the latest EUR-DKK mid-market rate 7.4717.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Danish krone (DKK) rates from different sources before making a conversion.
The above
OFX - Euro to Krone comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OFX and other foreign exchange providers against the latest EUR-DKK mid-rate and the possible savings of using various providers.
How do OFX EUR-DKK rates compare between providers?
Looking at the full
EUR to DKK - Send Money comparison table the provider with the best EUR to DKK exchange rate is OFX at 7.4492, -0.3% from the latest mid-market rate 7.4717.
The next best is Wise at 7.4291, -0.57% from the mid-rate.
Then XE at 7.4268, which is -0.6% from the mid-rate.
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
like OFX or platforms that offer rates closer to the mid-market rate.