About this pair
DKK/CNH: what to know
The DKK/CNH rate shows how much CNH you get for 1 DKK. Right now, 1 DKK buys 1.0414 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.9603 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while CNH responds to sentiment toward China and offshore flows.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.