AUD/DKK: what to know
The AUD/DKK rate shows how much DKK you get for 1 AUD. Right now, 1 AUD buys 4.6248 DKK at the mid-market rate. In the other direction, 1 DKK is worth 0.2162 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while DKK responds to its fixed peg to the euro.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band.
Over the past 12 months the AUD/DKK rate has ranged between 4.1507 and 4.6423 — a change of +8.99% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.