The live mid-rate USD to DKK exchange rate is 7.0665. Compare currency conversion rates - Reduce FX costs.
The best USD to DKK exchange rate is our partner deal rate of 7.0312 from OFX . This is -0.5% compared to the mid-market rate 7.0665.
The standard OFX USD-DKK rate is 6.9218, -2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Danish krone (DKK) rates from different sources before making a conversion.
Looking at our comparison table the best USD to DKK exchange rate is 7.0312 from OFX, -0.5% from the mid-market rate 7.0665. The next best rate is 7.0241 from XE, -0.6% from the mid-rate. Wise with 7.0206 is -0.65% from the mid-rate.
The Western Union rate is 6.9958 which is -1% from the mid-rate.
Among the banks, the Citibank rate is 6.8158 at -3.5%, the Chase Bank rate is 6.5331 at -7.5%, and the Wells Fargo Bank rate is 6.4907 at -8.1% 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 or platforms that offer rates closer to the mid-market rate.
The Dollar to Krone comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-DKK mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/DKK | Change | Period |
---|---|---|---|
25 Nov 2024 | 7.1340 | 0.9% ▼ | 2 Week |
10 Sep 2024 | 6.7711 | 4.4% ▲ | 3 Month |
10 Dec 2023 | 6.9257 | 2.1% ▲ | 1 Year |
11 Dec 2019 | 6.7134 | 5.3% ▲ | 5 Year |
12 Dec 2014 | 5.9717 | 18.4% ▲ | 10 Year |
14 Dec 2004 | 5.5891 | 26.5% ▲ | 20 Year |
Here are some popular conversion amounts for USD to DKK (US dollar to Danish krone)*.
*Converted at the current USDDKK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent performance of the US dollar (USD) against the Danish kroner (DKK) has seen notable upward momentum, driven primarily by a combination of political and economic factors. Following Donald Trump’s electoral win and the anticipation of his pro-business policies, the USD is trading at 7.0673 DKK, approximately 2.5% above its three-month average of 6.8974. This rally has occurred despite disappointing economic data releases from the US, including lower-than-expected ADP employment figures and a slowdown in service sector activity as indicated by the ISM services PMI. Analysts suggest that if upcoming US jobless claims data reflects a resilient labor market, it could further bolster sentiment towards the USD.
Read our full review of recent USD to DKK forecasts.
There are several ways to save on exchange rates when converting US dollar to Danish krone:
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.
Read our Currency guide to Denmark - a practical currency and money guide to travel, living and doing business in Denmark 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.
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 Rate Tracker to track and benefit from currency movements.
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
United States (USD) | Denmark (DKK) | Faroe Islands (DKK) |
Greenland (DKK) |
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.
The cost of living in Denmark is generally considered to be high compared to many other countries. Denmark has a high standard of living and a high per capita income, and this has led to high prices for goods and services in the country. However, the cost of living in Denmark can vary depending on a number of factors, including your personal expenses, the area in which you live, and your lifestyle.
Some things that may be more expensive in Denmark include housing, transportation, and food. However, there are also many things that are less expensive in Denmark, such as clothing and entertainment. Overall, the cost of living in Denmark is similar to that of other Scandinavian countries, such as Sweden and Norway.
It is worth noting that the cost of living in Denmark can vary significantly depending on the region. For example, the cost of living in Denmark's capital city, Copenhagen, is generally higher than in other parts of the country due to higher housing costs.
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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