KRW/DKK: what to know
The KRW/DKK rate shows how much DKK you get for 1 KRW. Right now, 1 KRW buys 0.00480016 DKK at the mid-market rate. In the other direction, 1 DKK is worth 208.3262 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while DKK responds to its fixed peg to the euro.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. 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 KRW/DKK rate has ranged between 0.00416710 and 0.00479628 — a change of +4.39% 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.