DKK/CZK: what to know
The DKK/CZK rate shows how much CZK you get for 1 DKK. Right now, 1 DKK buys 3.2451 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.3082 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while CZK responds to Czech central-bank policy and euro moves.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the DKK/CZK rate has ranged between 3.2209 and 3.2859 — a change of -0.44% 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.