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Understanding the Table:
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’.
The average CAD rate margin offered by OFX is 3.4%.
This average is based on individual CAD 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.
The tables below show the best and worst exchange rate margins offered by OFX for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Canadian dollar (CAD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/DKK Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacking a clear driver for a significant move.
CAD/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average, yet lacks a clear driver.
USD/DKK Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows without a clear driver pushing it lower.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Danish krone across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
| CAD | DKK |
|---|---|
| C$ 1,000 | kr 4,587 |
| C$ 5,000 | kr 22,934 |
| C$ 20,000 | kr 91,734 |
| C$ 100,000 | kr 458,670 |
| CAD | DKK |
|---|---|
| C$ 218.00 | kr 1,000 |
| C$ 1,090 | kr 5,000 |
| C$ 4,360 | kr 20,000 |
| C$ 21,800 | kr 100,000 |
More amounts
*Converted at the current CAD-DKK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OFX CAD to DKK exchange rate is 4.5638. This is -0.5% compared to the latest CAD-DKK mid-market rate 4.5867.
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.
The above OFX - Loonie 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 CAD-DKK mid-rate and the possible savings of using various providers.
Looking at the full CAD to DKK - Send Money comparison table the provider with the best CAD to DKK exchange rate is OFX at 4.5638, -0.5% from the latest mid-market rate 4.5867.
The next best is XE at 4.5592, -0.6% from the mid-rate.
Then Wise at 4.5556, which is -0.68% from the mid-rate.
The Western Union rate is 4.5409 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 4.3061 at -6.1% the Scotiabank rate is 4.4579 at -2.8% and the Royal Bank of Canada rate is 4.4738 at -2.5% compared to the mid-rate 4.5867.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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