DKK/MXN: what to know
The DKK/MXN rate shows how much MXN you get for 1 DKK. Right now, 1 DKK buys 2.6329 MXN at the mid-market rate. In the other direction, 1 MXN is worth 0.3798 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while MXN responds to the US economy and capital flows.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol.
Over the past 12 months the DKK/MXN rate has ranged between 2.6237 and 2.9033 — a change of -9.10% 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.