DKK/EUR: what to know
The DKK/EUR rate shows how much EUR you get for 1 DKK. Right now, 1 DKK buys 0.1338 EUR at the mid-market rate. In the other direction, 1 EUR is worth 7.4747 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while EUR responds to ECB policy and eurozone growth.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the DKK/EUR rate has ranged between 0.1337 and 0.1340 — a change of -0.15% 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.