USD/DKK: what to know
The USD/DKK rate shows how much DKK you get for 1 USD. Right now, 1 USD buys 6.4399 DKK at the mid-market rate. In the other direction, 1 DKK is worth 0.1553 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while DKK responds to its fixed peg to the euro.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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 USD/DKK rate has ranged between 6.2357 and 6.5842 — a change of +1.48% 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.