THB/DKK: what to know
The THB/DKK rate shows how much DKK you get for 1 THB. Right now, 1 THB buys 0.1949 DKK at the mid-market rate. In the other direction, 1 DKK is worth 5.1313 THB.
In the short term THB is driven mainly by tourism and trade flows, while DKK responds to its fixed peg to the euro.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. 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 THB/DKK rate has ranged between 0.1933 and 0.2055 — a change of -2.53% 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.