DKK/SGD: what to know
The DKK/SGD rate shows how much SGD you get for 1 DKK. Right now, 1 DKK buys 0.1965 SGD at the mid-market rate. In the other direction, 1 SGD is worth 5.0882 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while SGD responds to the MAS-managed currency basket.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the DKK/SGD rate has ranged between 0.1954 and 0.2031 — a change of -2.43% 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.