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 - GBP Rate Margin Analysis
The average GBP rate margin offered by OFX is 3.0%.
This average is based on individual GBP 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 British pound (GBP 10K)
transactions. Margins show the percentage difference from the mid-market rate.
USD/DKK Outlook: Slightly weaker, but likely to move sideways; the rate is below its recent average and trading near recent lows without a clear driver.
GBP/DKK Outlook: Slightly positive but likely to move sideways. Key drivers: • BoE's cautious rate cuts may stagnate GBP • Volatile oil prices could impact GBP strength • UK economic slowdown limits upward momentum. Range: Expect GBP/DKK to hold within recent levels. Upside risk: Strong UK data boost GBP. Downside risk: US tariffs hit UK economy, weakening GBP
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GBP 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 British pound are worth in Danish krone across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
OFX Send Money conversion rate for GBP to DKK?
The OFX GBP to DKK exchange rate is 8.5617. This is -0.5% compared to the latest GBP-DKK mid-market rate 8.6047.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Danish krone (DKK) rates from different sources before making a conversion.
The above
OFX - Sterling 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 GBP-DKK mid-rate and the possible savings of using various providers.
How do OFX GBP-DKK rates compare between providers?
Looking at the full
GBP to DKK - Send Money comparison table the provider with the best GBP to DKK exchange rate is Wise at 8.5691, -0.41% from the latest mid-market rate 8.6047.
The next best is OFX at 8.5617, -0.5% from the mid-rate.
Then XE at 8.5531, 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.