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    Best USD to DKK Exchange Rates

    The best USD to DKK exchange rate is 6.8777. We compare conversion costs to this mid-market rate and other FX providers, find better deals.

    In this Dollar to krone (USD/DKK) rate guide:

    Compare exchange rates   USD to DKK

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Danish krone (DKK) rates from different sources before making a conversion.

    The below Rate Comparison Table makes it easy to compare the Total Cost you are being charged on Dollar to krone currency rates and the possible savings of using various providers.

     

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    @bestfxrates : #USDDKK reached a 14-day high near 6.8813, 1.2% below the 3-month average. Despite a steady range, FX analysts see potential gradual weakening as the Fed eyes a rate cut. Denmark's fixed-rate policy continues, facing global pressures. Shifts expected as Fed cycle concludes. #ForexUpdate

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    USD to DKK Market Data

    US dollar (USD) to Danish krone (DKK) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 USD =
    6.8777We compare provider deals to this wholesale mid-market rate. Read more
    DKK
    USD to DKK is at 14-day highs near 6.8833, 1.1% below its 3-month average of 6.9628, having traded in a quite stable 5.0% range from 6.7847 to 7.1254
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    14-DAY HIGH
    DateUSD/DKKChangePeriod
    20 Nov 2023
    6.8123
    1% 2 Week
    05 Sep 2023
    6.9506
    1% 3 Month
    04 Dec 2022
    7.0536
    2.5% 1 Year
    05 Dec 2018
    6.5763
    4.6% 5 Year
    06 Dec 2013
    5.4502
    26.2% 10 Year
    09 Dec 2003
    6.0774
    13.2% 20 Year
    USD/DKK historic rates & change to 04-Dec-2023

    Forecasts for USD to DKK

    USDDKK chart
    14-DAY HIGH

    The USD to DKK exchange rate has witnessed the United States dollar reaching a 14-day high near 6.8813, which is notably 1.2% below its 3-month average of 6.9627. This relatively stable performance, trading within a 5% range from 6.7847 to 7.1254, reflects the broader sentiment observed by forex strategists in a Reuters Poll, highlighting the robust U.S. economy and high Treasury yields as key supports for the dollar's strength. FX analysts predict that this resilience is likely to extend into the year-end, though a gradual weakening against major currencies, including the Danish kroner, is expected as the Federal Reserve edges towards an anticipated interest rate cut next year.

    Read our full USD to DKK forecasts analysis

     
    DKK and flag

    How to get a good USD to DKK exchange rate

    There are several ways to save on exchange rates when converting US dollar to Danish krone:

    1. Shop around for the best USD/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.
    2. Timing is important: Keep an eye on the USD/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.
    3. 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.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD 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.
    5. 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 US dollar, then it's better for the USD/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.

    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 US 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 USD/DKK to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Denmark - a practical currency and money guide to travel, living and doing business in Denmark with the Danish krone.

     
     
     

    Country Currency Guides

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    GreenlandGreenland (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

       
     
     

    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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