CAD under pressure vs DKK despite oil recovery. Now at 4.7725 DKK, down 1.3% from 3-month avg. Analysts point to US trade tensions as key factor, while tomorrow's CA unemployment data could further impact $CAD. #ForexUpdate #CADDKK
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TD Bank Exchange Rates at a glance
TD Bank offer competitive exchange rates on over 50 foreign currencies for travel money and transfers via their online internet banking at their branches.
As usual non-cash rates for transfers are better than Travel Money (Cash) Rates. This reflects the costs and risks associated with shipping, handling and holding foreign currency in cash.
TD Bank publish their CAD and USD exchange rates here. These Non-Cash rates are available to TD bank clients only and apply to the conversion of paper and electronic instruments such as wire transfers, cheques, drafts, etc.
CAD to DKK Market Data
Canadian dollar (CAD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell CAD →
Buy DKK
CAD to DKK at 4.7725 is 1.3% below its 3-month average of 4.8378, having traded in a relatively stable 8.0% range from 4.6848 to 5.0611
|Tracker
1 DKK =
0.2098 CAD
| Date | CAD/DKK | Change | Period |
|---|---|---|---|
25 Apr 2025 | 4.7312 | 0.9% ▲ | 2 Week |
08 Feb 2025 | 5.0522 | 5.5% ▼ | 3 Month |
09 May 2024 | 5.0583 | 5.6% ▼ | 1 Year |
10 May 2020 | 4.9417 | 3.4% ▼ | 5 Year |
12 May 2015 | 5.5374 | 13.8% ▼ | 10 Year |
14 May 2005 | 4.6798 | 2% ▲ | 20 Year |
What are equivalent amounts of CAD and DKK?
Here are some popular conversion amounts for CAD to DKK (Canadian dollar to Danish krone)*.
| CAD | DKK |
|---|---|
| C$ 1,000 | kr 4,767 |
| C$ 5,000 | kr 23,833 |
| C$ 20,000 | kr 95,332 |
| C$ 100,000 | kr 476,660 |
| CAD | DKK |
|---|---|
| C$ 209.80 | kr 1,000 |
| C$ 1,049 | kr 5,000 |
| C$ 4,196 | kr 20,000 |
| C$ 20,980 | 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.
Forecasts for CAD to DKK
The Canadian dollar (CAD) has recently faced selling pressure, declining despite a recovery in oil prices. Analysts suggest that ongoing trade tensions with the U.S. may be contributing to this downward pressure. There is significant focus on Canada's unemployment rate, with expectations for an uptick potentially negatively affecting the CAD's value. Currently trading at 4.7725 DKK, the CAD is about 1.3% below its three-month average of 4.8378 DKK, reflecting a relatively stable range between 4.6848 and 5.0611.
Read our full review of recent CAD to DKK forecasts.
How to get a good CAD to DKK exchange rate
There are several ways to save on exchange rates when converting Canadian dollar to Danish krone:
- Shop around for the best CAD/DKK exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the CAD/DKK rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and DKK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
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.
Will the Canadian dollar rise against the Danish krone?
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.
Track Rate
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
Currency Country Guides
| Denmark (DKK) | Canada (CAD) |  Faroe Islands (DKK) |
 Greenland (DKK) |
Expat life in Denmark
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.
Read more at our Denmark (DKK) country guide
Related exchange rates
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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