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CAD to DKK 2025 Forecasts

Analysis of recent loonie → krone forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Danish krone performance and trends.

 

The Canadian dollar (CAD) is currently experiencing downward pressure, primarily due to the strength of the US dollar influenced by an aggressive Federal Reserve and a cautious Bank of Canada (BoC). The USDCAD recently surged above 1.38, suggesting a challenging climate for the ‘loonie’. Analysts indicate that without significant Canadian economic data in the near term, the CAD may drift with oil price movements, which have shown signs of recovery recently.

Recent geopolitical developments have also added complexity to the CAD's outlook. The political leadership change in Canada, with Mark Carney taking over from Justin Trudeau amidst political instability, could further influence market perceptions. Additionally, ongoing trade tensions with the U.S., marked by aggressive tariffs on Canadian steel and aluminum, have created an uncertain environment, limiting potential gains for the CAD as experts express concern about the impact on exports.

The BoC’s recent decision to pause interest rate cuts has provided some support to the CAD, with a benchmark rate held at 2.75%. This decision aligns with the upward trend in oil prices, which in April rose by 1.8% to $62.45 per barrel. Given Canada's status as a major oil exporter, fluctuations in oil prices typically have a direct effect on the CAD’s value. Currently, CAD to DKK is trading at 4.6660, which is 1.2% below its three-month average of 4.7212, reflecting this volatility.

Expert forecasts suggest that any sustained recovery in the oil market could bolster the CAD as the loonie tends to perform better with increased oil revenues. However, the outlook remains tempered by uncertainty stemming from U.S. trade policies and geopolitical dynamics.

On the other hand, the Danish kroner (DKK) is more stable due to its fixed exchange rate policy against the Euro. This has provided predictability for Danish businesses but also limits the flexibility for the Danish National Bank to react to external economic pressures. Given these dynamics, both currencies are influenced by broader economic conditions and commodity market trends.

The anticipated future movements in CAD to DKK will therefore be shaped by the oil market's performance and how well the CAD can navigate the pressures from trade dynamics and internal economic policies.

CAD-DKK Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to DKK Market Data

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

 
Sell CAD   →   Buy DKK
1 CAD =
4.6660We compare provider deals to this wholesale mid-market rate. Read more
DKK
-1.1%
CAD to DKK at 4.6660 is 1.2% below its 3-month average of 4.7212, having traded in a very stable 4.0% range from 4.6312 to 4.8148
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  1 DKK = 0.2143 CAD

Compare & Save - Canadian dollar to Danish krone

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

Use our CAD to DKK calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Krone currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Danish krone?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Danish krone current value is to look the CAD/DKK historic rate and change over a range of periods.

The following table looks at the change in the CAD to DKK exchange rate over periods from the previous week back to the last 10 years.

DateCAD/DKKChangePeriod
18 Jul 2025
4.6759
0.9% 2 Week
03 May 2025
4.7787
1.2% 3 Month
01 Aug 2024
4.9837
5.3% 1 Year
02 Aug 2020
4.7173
0.1% 5 Year
04 Aug 2015
5.1920
9.1% 10 Year
06 Aug 2005
4.9512
4.7% 20 Year
CAD/DKK historic rates & change to 01-Aug-2025

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 CAD/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

 

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