MXN/DKK: what to know
The MXN/DKK rate shows how much DKK you get for 1 MXN. Right now, 1 MXN buys 0.3796 DKK at the mid-market rate. In the other direction, 1 DKK is worth 2.6342 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while DKK responds to its fixed peg to the euro.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. 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 MXN/DKK rate has ranged between 0.3444 and 0.3811 — a change of +10.01% 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.