Danish Krone (DKK)
The Danish krone is pegged to the euro through the European Exchange Rate Mechanism. Danmarks Nationalbank adjusts interest rates to keep the peg inside its band.
The latest available mid-market reference is 1 DKK = 0.1488 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Danish Krone
Denmark is a small open economy with a large shipping and pharmaceutical sector, and the krone is used in Nordic trade. The euro peg keeps Danish rates close to ECB rates.
A short history
The krone was introduced in 1875 and has been pegged to the euro since 1999. Denmark has an opt-out from the euro.
What moves the Danish Krone
The euro area outlook, Nationalbanken rate adjustments and Danish trade. The peg means the krone tracks the euro closely against other currencies.
Live DKK exchange rate
| Currency | 1 DKK equals |
|---|---|
| US Dollar (USD) | 0.1488 |
| Euro (EUR) | 0.1339 |
| British Pound (GBP) | 0.1119 |
| Japanese Yen (JPY) | 23.7301 |
| Chinese Yuan (CNY) | 0.9946 |
| Indian Rupee (INR) | 13.9619 |
| Canadian Dollar (CAD) | 0.2118 |
| Australian Dollar (AUD) | 0.2171 |
| Swiss Franc (CHF) | 0.1237 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
DKK conversion pages
Other currency profiles
Danish Krone questions
What is the Danish Krone?
Danish Krone (DKK) is used in the following countries and territories: Denmark, Greenland and the Faroe Islands. Central bank: Danmarks Nationalbank. Exchange rate regime: pegged to the euro through ERM II.
Which countries use the Danish Krone?
The Danish Krone is used in the following countries and territories: Denmark, Greenland and the Faroe Islands.
What affects the Danish Krone exchange rate?
The euro area outlook, Nationalbanken rate adjustments and Danish trade. The peg means the krone tracks the euro closely against other currencies.