DKK/THB: what to know
The DKK/THB rate shows how much THB you get for 1 DKK. Right now, 1 DKK buys 5.1313 THB at the mid-market rate. In the other direction, 1 THB is worth 0.1949 DKK.
In the short term DKK is driven mainly by its fixed peg to the euro, while THB responds to tourism and trade flows.
The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
Over the past 12 months the DKK/THB rate has ranged between 4.8653 and 5.1742 — a change of +2.59% 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.