
Danish Krone
DKK
- Convertible: Yes
- Transferable: Yes
- Exchange rate regime: Floating
Available Currency Pairs

EURDKK
Weergeven EUR
USDDKK
Weergeven USD
GBPDKK
Weergeven GBP
CHFDKK
Weergeven CHF
AEDDKK
Weergeven AED
AUDDKK
Weergeven AUD
CADDKK
Weergeven CAD
DKKCNY
Weergeven CNH/CNY
DKKCZK
Weergeven CZK
DKKHKD
Weergeven HKD
DKKHUF
Weergeven HUF
DKKJPY
Weergeven JPY
DKKMXN
Weergeven MXN
DKKTHB
Weergeven THB
DKKZAR
Weergeven ZAR
ILSDKK
Weergeven ILS
NOKDKK
Weergeven NOK
NZDDKK
Weergeven NZD
PLNDKK
Weergeven PLN
RONDKK
Weergeven RON
SEKDKK
Weergeven SEK
SGDDKK
Weergeven SGDTransaction Types
FX SPOT
Delivery date: T+1; T+2
Liquidity: High
FX FORWARD
Maximum maturity: 24 months
Liquidity: High
Did You Know?
Monetary policy
- The Denmark Nationalbank (DNB) is the central bank of Denmark. Its objective is to ensure non-inflationary growth of the country’s economy.
- Price setting method: the exchange rate is defined as fixed against the Euro. The DNB must therefore maintain the stability of the Danish krone in relation to the single currency. To achieve this, it uses two levers at its disposal: monetary policy and targeted interventions in the foreign exchange market.
Features and highlights
- Although Denmark has not adopted the Euro, it is a member of the European System of Central Banks (ESCB) and uses the same payment practices as in the EU.
- The EUR/DKK exchange rate is set at 7,46038 and must remain within a fluctuation band of ± 2.25%. This means the rate should remain between 7.2925 and 7.6282
Expert opinion
- Due to the stability of the DKK against the EUR, market participants tend to hedge little on their EUR/DKK foreign exchange transactions.
Regulations
There are no special restrictions on the purchase and sale of DKK.
Important Information
PAYMENTS IN DKK TO DENMARK
The IBAN format is mandatory. Payment instructions must contain:
- The full name of the beneficiary.
Keep In Mind
PUBLIC HOLIDAYS
New Year's Day 1 Jan
Good Friday 30 Mrt
General Prayer Day 27 Apr
Day After Ascension 11 Mei
Constitution Day 5 Jun
Holy Thursday 29 Mrt
Easter Monday 2 Apr
Ascension Day 10 Mei
Whitmonday 21 Mei
Christmas 25 Dec
When a holiday falls on a weekend, the next business day becomes a holiday
Useful Links
Currency Reference Guide
Get the full currency reference guide, updated by the iBanFirst currency market experts
Reference guide