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: 26 Oct 2020, 3:00 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
U.S. Dollar USD 0.158831 6.296000 DKK/USD Chart for USD per DKK
Euro EUR 0.134387 7.441200 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.121963 8.199200 DKK/GBP Chart for GBP per DKK
Australian Dollar AUD 0.222975 4.484800 DKK/AUD Chart for AUD per DKK
Canadian Dollar CAD 0.209376 4.776100 DKK/CAD Chart for CAD per DKK
Japanese Yen JPY 16.682793 0.059942 DKK/JPY Chart for JPY per DKK
Swiss Franc CHF 0.144049 6.942100 DKK/CHF Chart for CHF per DKK
Brazilian Real BRL 0.896539 1.115400 DKK/BRL Chart for BRL per DKK
Bulgarian Lev BGN 0.262833 3.804700 DKK/BGN Chart for BGN per DKK
Chinese Yuan CNY 1.066212 0.937900 DKK/CNY Chart for CNY per DKK
Croatian Kuna HRK 1.018434 0.981900 DKK/HRK Chart for HRK per DKK
Czech Koruna CZK 3.668379 0.272600 DKK/CZK Chart for CZK per DKK
Hong Kong Dollar HKD 1.230921 0.812400 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 49.043649 0.020390 DKK/HUF Chart for HUF per DKK
Icelandic Krona ISK 22.212350 0.045020 DKK/ISK Chart for ISK per DKK
Indian Rupee INR 11.764706 0.085000 DKK/INR Chart for INR per DKK
Indonesian Rupiah IDR 2,336.448598 0.000428 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.537086 1.861900 DKK/ILS Chart for ILS per DKK
Malaysian Ringgit MYR 0.661463 1.511800 DKK/MYR Chart for MYR per DKK
Mexican Peso MXN 3.342246 0.299200 DKK/MXN Chart for MXN per DKK
New Zealand Dollar NZD 0.237558 4.209500 DKK/NZD Chart for NZD per DKK
Norwegian Krone NOK 1.471021 0.679800 DKK/NOK Chart for NOK per DKK
Philippine Peso PHP 7.686395 0.130100 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.615460 1.624800 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.655093 1.526500 DKK/RON Chart for RON per DKK
Russian Rouble RUB 12.135922 0.082400 DKK/RUB Chart for RUB per DKK
Singapore Dollar SGD 0.216296 4.623300 DKK/SGD Chart for SGD per DKK
South African Rand ZAR 2.581311 0.387400 DKK/ZAR Chart for ZAR per DKK
South Korean Won KRW 179.856115 0.005560 DKK/KRW Chart for KRW per DKK
Swedish Krona SEK 1.390627 0.719100 DKK/SEK Chart for SEK per DKK
Thai Baht THB 4.967710 0.201300 DKK/THB Chart for THB per DKK
Turkish Lira TRY 1.284687 0.778400 DKK/TRY Chart for TRY per DKK
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