CIBC USD to DKK500 Exchange Rates - Compare & Save

CIBC Global Money Transfer

One of Canada’s so-called “Big Five”, the Canadian Imperial Bank of Commerce was formed by the merger in 1961 of the Canadian Bank of Commerce and the Imperial Bank of Canada and is seen as a trusted banking institution.

The CIBC Global Money Transfer service aims to allow customers to move money across borders just as easily as making a domestic wire transfer.

When you get a quote for your Global Money Transfer from CIBC on their website or in-app, you can also see the CIBC exchange rate, but it can be difficult to then calculate how much you are being charged.

CIBC does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.

Our research shows that on average, CIBC profit margin for foreign exchange rates is somewhere between 4 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.

While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.

Note the limit with CIBC Global Money Transfer in a 24-hour period is C$30,000, if paying via credit-card C$15,000.

USD to DKK Market Data

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

Sell USD → Buy DKK

1 USD = DKK

▼-0.2%

USD to DKK is at 7-day lows near 6.6680, 1.9% below its 3-month average of 6.7978, having traded in a quite volatile 10.8% range from 6.4849 to 7.1884

18-MAY 8PM-NY 19-MAY 1AM-LON 8AM-HK 10AM-SYD

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1 DKK = 0.1507 USD

Date	USD/DKK	Change	Period
05 May 2025	6.5966	1.1% ▲	2 Week
18 Feb 2025	7.1390	6.5% ▼	3 Month
19 May 2024	6.8623	2.8% ▼	1 Year
20 May 2020	6.7910	1.7% ▼	5 Year
22 May 2015	6.7580	1.3% ▼	10 Year
24 May 2005	5.9066	13% ▲	20 Year

USD/DKK historic rates & change to 19-May-2025

What are equivalent amounts of USD and DKK?

Here are some popular conversion amounts for USD to DKK (US dollar to Danish krone)*.

USD	DKK
$ 1	kr 6.6365
$ 5	kr 33.18
$ 10	kr 66.37
$ 20	kr 132.73
$ 50	kr 331.83
$ 100	kr 663.65
$ 250	kr 1,659
$ 500	kr 3,318
$ 1,000	kr 6,637
$ 2,000	kr 13,273
$ 5,000	kr 33,183
$ 10,000	kr 66,365
$ 20,000	kr 132,730
$ 50,000	kr 331,825
$ 100,000	kr 663,650

USD	DKK
$ 0.1507	kr 1
$ 0.7535	kr 5
$ 1.5070	kr 10
$ 3.0140	kr 20
$ 7.5350	kr 50
$ 15.07	kr 100
$ 37.68	kr 250
$ 75.35	kr 500
$ 150.70	kr 1,000
$ 301.40	kr 2,000
$ 753.50	kr 5,000
$ 1,507	kr 10,000
$ 3,014	kr 20,000
$ 7,535	kr 50,000
$ 15,070	kr 100,000

More amounts

*Converted at the current USDDKK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

Forecasts for USD to DKK

19 MayRecent forecasts regarding the USD to DKK exchange rate indicate a period of volatility for the US dollar, which is currently trading at 7-day lows near 6.6680. This value is 1.9% lower than its 3-month average of 6.7978, reflecting a significant fluctuation, with the exchange rate moving within a 10.8% range from 6.4849 to 7.1884. Analysts suggest that the downward pressure on the dollar can be attributed to a combination of weaker than expected consumer sentiment and growing investor concerns surrounding the potential for a US recession.

Read our full review of recent USD to DKK forecasts.

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:

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.
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.
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 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.
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.

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.

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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 Rate Tracker to track and benefit from currency movements.

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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

US dollar - 3 month change versus major currencies

Currency Country Guides

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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