EUR/DKK: what to know
The EUR/DKK rate shows how much DKK you get for 1 EUR. Right now, 1 EUR buys 7.4746 DKK at the mid-market rate. In the other direction, 1 DKK is worth 0.1338 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while DKK responds to its fixed peg to the euro.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. The Danish Krone (DKK) is issued by Danmarks Nationalbank. The Danish krone is tightly pegged to the euro within a narrow band.
Over the past 12 months the EUR/DKK rate has ranged between 7.4635 and 7.4776 — 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.