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: 27 Jan 2023, 3:55 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
U.S. Dollar USD 0.146077 6.845700 DKK/USD Chart for USD per DKK
Euro EUR 0.134448 7.437800 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.118160 8.463100 DKK/GBP Chart for GBP per DKK
Australian Dollar AUD 0.205558 4.864800 DKK/AUD Chart for AUD per DKK
Canadian Dollar CAD 0.194666 5.137000 DKK/CAD Chart for CAD per DKK
Japanese Yen JPY 18.970652 0.052713 DKK/JPY Chart for JPY per DKK
Swiss Franc CHF 0.134677 7.425200 DKK/CHF Chart for CHF per DKK
Brazilian Real BRL 0.740850 1.349800 DKK/BRL Chart for BRL per DKK
Bulgarian Lev BGN 0.262957 3.802900 DKK/BGN Chart for BGN per DKK
Chinese Yuan CNY 0.990786 1.009300 DKK/CNY Chart for CNY per DKK
Czech Koruna CZK 3.203075 0.312200 DKK/CZK Chart for CZK per DKK
Hong Kong Dollar HKD 1.143641 0.874400 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 52.273915 0.019130 DKK/HUF Chart for HUF per DKK
Icelandic Krona ISK 20.824656 0.048020 DKK/ISK Chart for ISK per DKK
Indian Rupee INR 11.918951 0.083900 DKK/INR Chart for INR per DKK
Indonesian Rupiah IDR 2,188.183807 0.000457 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.502210 1.991200 DKK/ILS Chart for ILS per DKK
Malaysian Ringgit MYR 0.620040 1.612800 DKK/MYR Chart for MYR per DKK
Mexican Peso MXN 2.738226 0.365200 DKK/MXN Chart for MXN per DKK
New Zealand Dollar NZD 0.225322 4.438100 DKK/NZD Chart for NZD per DKK
Norwegian Krone NOK 1.446759 0.691200 DKK/NOK Chart for NOK per DKK
Philippine Peso PHP 7.955449 0.125700 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.633032 1.579700 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.658328 1.519000 DKK/RON Chart for RON per DKK
Singapore Dollar SGD 0.191953 5.209600 DKK/SGD Chart for SGD per DKK
South African Rand ZAR 2.516356 0.397400 DKK/ZAR Chart for ZAR per DKK
South Korean Won KRW 180.342651 0.005545 DKK/KRW Chart for KRW per DKK
Swedish Krona SEK 1.507386 0.663400 DKK/SEK Chart for SEK per DKK
Thai Baht THB 4.800768 0.208300 DKK/THB Chart for THB per DKK
Turkish Lira TRY 2.748008 0.363900 DKK/TRY Chart for TRY per DKK
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