The Scotiabank CAD to DKK rate is 4.6147. This is -3.4% below the mid-rate. Compare Scotiabank currency conversion rates - Reduce FX costs.
The Scotiabank CAD to DKK exchange rate is 4.6147. This is -3.4% compared to the latest CAD-DKK mid-market rate 4.7783.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Danish krone (DKK) rates from different sources before making a conversion.
Looking at our comparison table the best CAD to DKK exchange rate is 4.7544 from OFX, -0.5% from the mid-market rate 4.7783. The next best rate is 4.7496 from XE, -0.6% from the mid-rate. Then Wise with 4.7449 is -0.7% from the mid-rate.
The Western Union rate is 4.7305 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 4.9068 at 2.7%, the Scotiabank rate is 4.6147 at -3.4%, and the Royal Bank of Canada rate is 4.6533 at -2.6% compared to the mid-rate 4.7783.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Scotiabank 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 table below shows Scotiabank Canadian dollar (CAD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Scotiabank Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AUD | 1.1224 | 1.0837 | -3.4% |
| CAD - BBD | 1.4470 | 1.3725 | -5.1% |
| CAD - BMD | 0.7235 | 0.6857 | -5.2% |
| CAD - BSD | 0.7235 | 0.6857 | -5.2% |
| CAD - CHF | 0.5980 | 0.5782 | -3.3% |
| CAD - DKK | 4.7783 | 4.6147 | -3.4% |
| CAD - EUR | 0.6401 | 0.6170 | -3.6% |
| CAD - GBP | 0.5454 | 0.5253 | -3.7% |
| CAD - GYD | 151.40 | 144.11 | -4.8% |
| CAD - HKD | 5.6072 | 5.4054 | -3.6% |
| CAD - INR | 61.23 | 59.16 | -3.4% |
| CAD - JMD | 114.91 | 108.70 | -5.4% |
| CAD - JPY | 104.84 | 100.89 | -3.8% |
| CAD - KYD | 0.6047 | 0.5627 | -6.9% |
| CAD - MXN | 14.17 | 13.71 | -3.2% |
| CAD - NOK | 7.5331 | 7.2780 | -3.4% |
| CAD - NZD | 1.2156 | 1.1763 | -3.2% |
| CAD - SAR | 2.7133 | 2.6089 | -3.8% |
| CAD - SEK | 6.9853 | 6.7476 | -3.4% |
| CAD - SGD | 0.9404 | 0.9093 | -3.3% |
| CAD - TTD | 4.9147 | 4.6468 | -5.5% |
| CAD - USD | 0.7235 | 0.7029 | -2.8% |
| CAD - ZAR | 13.31 | 12.87 | -3.3% |
The Scotiabank Loonie to Krone comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest CAD-DKK mid-rate (see Market Data below ) and the possible savings of using various providers.
Scotiabank is a Canadian multinational bank and a leading financial institution in North and South America. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including banking, investment, and insurance services.
One of the financial products offered by Scotiabank is wire transfers. Wire transfers are a secure and fast way to transfer funds between banks in different countries. With Scotiabank wire transfers, you can send money to over 100 countries in a variety of currencies.
When you get a quote for your Wire Transfer from Scotiabank on their website or in-app, you can also see the Scotiabank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.
Our research shows that on average, Scotiabank profit margin for foreign exchange rates is somewhere between 3 - 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.
Canadian dollar (CAD) to Danish krone (DKK) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/DKK | Change | Period |
|---|---|---|---|
18 Apr 2025 | 4.7434 | 0.6% ▲ | 2 Week |
01 Feb 2025 | 4.9524 | 3.6% ▼ | 3 Month |
02 May 2024 | 5.0856 | 6.1% ▼ | 1 Year |
03 May 2020 | 4.8157 | 0.9% ▼ | 5 Year |
05 May 2015 | 5.5223 | 13.6% ▼ | 10 Year |
07 May 2005 | 4.6458 | 2.8% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to DKK (Canadian dollar to Danish krone)*.
| CAD | DKK |
|---|---|
| C$ 1,000 | kr 4,778 |
| C$ 5,000 | kr 23,892 |
| C$ 20,000 | kr 95,566 |
| C$ 100,000 | kr 477,830 |
| CAD | DKK |
|---|---|
| C$ 209.30 | kr 1,000 |
| C$ 1,047 | kr 5,000 |
| C$ 4,186 | kr 20,000 |
| C$ 20,930 | kr 100,000 |
More amounts
*Converted at the current CADDKK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) is currently experiencing fluctuations in accordance with oil price movements, as seen recently in the markets. With CAD trading at 14-day highs near 4.7789 DKK, it is important to recognize that this is still about 1.5% below its 3-month average of 4.8504 DKK. Analysts indicate that the CAD tends to gain strength when oil prices are robust, given Canada's status as one of the world’s largest oil exporters. However, recent trends show that oil prices have been volatile, with the OIL/USD price at near 90-day lows of 61.29, 13.2% below its 3-month average of 70.61. Such dips in oil prices generally suggest potential downward pressure on the CAD.
Read our full review of recent CAD to DKK forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Danish krone:
Generally speaking, if you are buying Danish krone with Canadian dollar, then it's better for the CAD/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.
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.
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
| Denmark (DKK) | Canada (CAD) |  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.
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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