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: 4 Aug 2020, 3:01 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
U.S. Dollar USD 0.158000 6.329100 DKK/USD Chart for USD per DKK
Euro EUR 0.134297 7.446200 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.121317 8.242900 DKK/GBP Chart for GBP per DKK
Australian Dollar AUD 0.221523 4.514200 DKK/AUD Chart for AUD per DKK
Canadian Dollar CAD 0.211824 4.720900 DKK/CAD Chart for CAD per DKK
Japanese Yen JPY 16.757436 0.059675 DKK/JPY Chart for JPY per DKK
Swiss Franc CHF 0.144517 6.919600 DKK/CHF Chart for CHF per DKK
Brazilian Real BRL 0.842602 1.186800 DKK/BRL Chart for BRL per DKK
Bulgarian Lev BGN 0.262660 3.807200 DKK/BGN Chart for BGN per DKK
Chinese Yuan CNY 1.103387 0.906300 DKK/CNY Chart for CNY per DKK
Croatian Kuna HRK 1.003009 0.997000 DKK/HRK Chart for HRK per DKK
Czech Koruna CZK 3.521127 0.284000 DKK/CZK Chart for CZK per DKK
Hong Kong Dollar HKD 1.224440 0.816700 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 46.296296 0.021600 DKK/HUF Chart for HUF per DKK
Icelandic Krona ISK 21.486893 0.046540 DKK/ISK Chart for ISK per DKK
Indian Rupee INR 11.862396 0.084300 DKK/INR Chart for INR per DKK
Indonesian Rupiah IDR 2,320.185615 0.000431 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.541096 1.848100 DKK/ILS Chart for ILS per DKK
Malaysian Ringgit MYR 0.666844 1.499600 DKK/MYR Chart for MYR per DKK
Mexican Peso MXN 3.590664 0.278500 DKK/MXN Chart for MXN per DKK
New Zealand Dollar NZD 0.239143 4.181600 DKK/NZD Chart for NZD per DKK
Norwegian Krone NOK 1.444669 0.692200 DKK/NOK Chart for NOK per DKK
Philippine Peso PHP 7.757952 0.128900 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.591646 1.690200 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.649435 1.539800 DKK/RON Chart for RON per DKK
Russian Rouble RUB 11.641444 0.085900 DKK/RUB Chart for RUB per DKK
Singapore Dollar SGD 0.217495 4.597800 DKK/SGD Chart for SGD per DKK
South African Rand ZAR 2.751789 0.363400 DKK/ZAR Chart for ZAR per DKK
South Korean Won KRW 188.893087 0.005294 DKK/KRW Chart for KRW per DKK
Swedish Krona SEK 1.383509 0.722800 DKK/SEK Chart for SEK per DKK
Thai Baht THB 4.916421 0.203400 DKK/THB Chart for THB per DKK
Turkish Lira TRY 1.101079 0.908200 DKK/TRY Chart for TRY per DKK
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