National Bank of Denmark
Base Currency: DKK

Danmarks Nationalbank (English: National Bank of Denmark) is the central bank of the Kingdom of Denmark. It is a non-eurozone member of the European System of Central Banks (ESCB). Since its establishment in 1818, the objective of the Nationalbank as an independent and credible institution is to issue the Danish currency, the krone, and ensure its stability. The Board of Governors holds full responsibility for the monetary policy.

As the central bank of Denmark, Danmarks Nationalbank is responsible for conducting monetary policy in Denmark. Denmark maintains a fixed-exchange-rate policy vis-à-vis the euro area and participates in the European Exchange Rate Mechanism, ERM 2, at a central rate of 746.038 kroner per 100 euro with a fluctuation band of +/- 2.25 per cent. The fixed-exchange-rate policy provides a framework for low and stable inflation in Denmark. Danmarks Nationalbank conducts monetary policy by setting the monetary-policy interest rates. In the short term, Danmarks Nationalbank may also influence the exchange rate of the krone by intervening, i.e. buying and selling foreign exchange in the market..

Last Updated: 20 Jul 2018, 2:00 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
U.S. Dollar USD 0.156602 6.385600 DKK/USD Chart for USD per DKK
Euro EUR 0.134192 7.452000 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.120028 8.331400 DKK/GBP Chart for GBP per DKK
Australian Dollar AUD 0.212265 4.711100 DKK/AUD Chart for AUD per DKK
Canadian Dollar CAD 0.207232 4.825500 DKK/CAD Chart for CAD per DKK
Japanese Yen JPY 17.570987 0.056912 DKK/JPY Chart for JPY per DKK
Swiss Franc CHF 0.156106 6.405900 DKK/CHF Chart for CHF per DKK
Brazilian Real BRL 0.595344 1.679700 DKK/BRL Chart for BRL per DKK
Bulgarian Lev BGN 0.262453 3.810200 DKK/BGN Chart for BGN per DKK
Chinese Yuan CNY 1.062925 0.940800 DKK/CNY Chart for CNY per DKK
Croatian Kuna HRK 0.992457 1.007600 DKK/HRK Chart for HRK per DKK
Czech Koruna CZK 3.472222 0.288000 DKK/CZK Chart for CZK per DKK
Hong Kong Dollar HKD 1.229105 0.813600 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 43.706294 0.022880 DKK/HUF Chart for HUF per DKK
Icelandic Krona ISK 16.638935 0.060100 DKK/ISK Chart for ISK per DKK
Indian Rupee INR 10.775862 0.092800 DKK/INR Chart for INR per DKK
Indonesian Rupiah IDR 2,272.727273 0.000440 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.569768 1.755100 DKK/ILS Chart for ILS per DKK
Malaysian Ringgit MYR 0.636780 1.570400 DKK/MYR Chart for MYR per DKK
Mexican Peso MXN 2.973536 0.336300 DKK/MXN Chart for MXN per DKK
New Zealand Dollar NZD 0.231498 4.319700 DKK/NZD Chart for NZD per DKK
Norwegian Krone NOK 1.287001 0.777000 DKK/NOK Chart for NOK per DKK
Philippine Peso PHP 8.361204 0.119600 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.580114 1.723800 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.624298 1.601800 DKK/RON Chart for RON per DKK
Russian Rouble RUB 9.940358 0.100600 DKK/RUB Chart for RUB per DKK
Singapore Dollar SGD 0.214169 4.669200 DKK/SGD Chart for SGD per DKK
South African Rand ZAR 2.107482 0.474500 DKK/ZAR Chart for ZAR per DKK
South Korean Won KRW 177.493788 0.005634 DKK/KRW Chart for KRW per DKK
Swedish Krona SEK 1.394311 0.717200 DKK/SEK Chart for SEK per DKK
Thai Baht THB 5.235602 0.191000 DKK/THB Chart for THB per DKK
Turkish Lira TRY 0.749850 1.333600 DKK/TRY Chart for TRY per DKK
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