About this pair
CNH/DKK: what to know
The CNH/DKK rate shows how much DKK you get for 1 CNH. Right now, 1 CNH buys 0.9613 DKK at the mid-market rate. In the other direction, 1 DKK is worth 1.0402 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while DKK responds to its fixed peg to the euro.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band.
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.