DKK/KRW: what to know
The DKK/KRW rate shows how much KRW you get for 1 DKK. Right now, 1 DKK buys 208.0463 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.00480662 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while KRW responds to tech exports and global risk appetite.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Over the past 12 months the DKK/KRW rate has ranged between 208.4947 and 239.9749 — a change of -4.21% 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.