The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
DKK to EUR Market Data
Danish krone (DKK) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the DKK to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Danish krone against the Euro is to review how the DKK/EUR rate has changed over time.
The table below shows the percentage change in the DKK to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The recent forecasts surrounding the EUR to DKK exchange rate reflect a cautious sentiment influenced by broader economic conditions and policy decisions.
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Current market bias: Bearish
Key drivers:
- The interest rate differential remains tight as the European Central Bank signals caution over euro strength.
- Consumer confidence reports from Germany play a pivotal role, potentially impacting the euro negatively or positively.
- Gradual economic growth in the eurozone faces challenges from geopolitical tensions and trade dynamics.
Near-term range: Expect the EUR/DKK exchange rate to sustain within a narrow band, reflecting recent stability.
What could change it: Upside risk could stem from strong economic signals from Germany, enhancing the euro. Downside risks include ongoing geopolitical instability or inflation concerns that might lead to a shift in ECB policies, favoring the krone.
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EUR/DKK bearish bias as ECB signals caution on euro strength. Consumer confidence in Germany may sway the euro's position further. Expect a narrow trading range, with strong German data as upside risk and geopolitical tensions as downside pressure
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DKK to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Danish krone are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different DKK amounts at today’s rate * :
What is the
best Send Money conversion rate for DKK to EUR?
The best DKK to EUR exchange rate is 0.1332 from OFX . This is -0.52% compared to the mid-market rate 0.1339.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Danish krone (DKK) to Euro (EUR) rates from different sources before making a conversion.
The above
Krone to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest DKK-EUR mid-rate and the possible savings of using various providers.
How do DKK-EUR rates compare between providers?
Looking at the full
DKK to EUR - Send Money comparison table the provider with the best DKK to EUR exchange rate is OFX at 0.1332, -0.52% from the latest mid-market rate 0.1339.
The next best is XE at 0.1331, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.