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: 18 Sep 2024, 3:55 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
Australian Dollar AUD 0.219800 4.549600 DKK/AUD Chart for AUD per DKK
Bulgarian Lev BGN 0.262123 3.815000 DKK/BGN Chart for BGN per DKK
Brazilian Real BRL 0.816793 1.224300 DKK/BRL Chart for BRL per DKK
Canadian Dollar CAD 0.202606 4.935700 DKK/CAD Chart for CAD per DKK
Swiss Franc CHF 0.125823 7.947700 DKK/CHF Chart for CHF per DKK
Chinese Yuan CNY 1.056078 0.946900 DKK/CNY Chart for CNY per DKK
Czech Koruna CZK 3.360215 0.297600 DKK/CZK Chart for CZK per DKK
Danish Krone DKK 1.000000 1.000000 DKK/DKK Chart for DKK per DKK
Euro EUR 0.134025 7.461300 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.112882 8.858800 DKK/GBP Chart for GBP per DKK
Hong Kong Dollar HKD 1.161845 0.860700 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 52.826202 0.018930 DKK/HUF Chart for HUF per DKK
Indonesian Rupiah IDR 2,283.105023 0.000438 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.561766 1.780100 DKK/ILS Chart for ILS per DKK
Indian Rupee INR 12.484395 0.080100 DKK/INR Chart for INR per DKK
Icelandic Krona ISK 20.412329 0.048990 DKK/ISK Chart for ISK per DKK
Japanese Yen JPY 21.168053 0.047241 DKK/JPY Chart for JPY per DKK
South Korean Won KRW 197.511357 0.005063 DKK/KRW Chart for KRW per DKK
Mexican Peso MXN 2.846570 0.351300 DKK/MXN Chart for MXN per DKK
Malaysian Ringgit MYR 0.632751 1.580400 DKK/MYR Chart for MYR per DKK
Norwegian Krone NOK 1.578283 0.633600 DKK/NOK Chart for NOK per DKK
New Zealand Dollar NZD 0.239596 4.173700 DKK/NZD Chart for NZD per DKK
Philippine Peso PHP 8.305648 0.120400 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.572279 1.747400 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.666756 1.499800 DKK/RON Chart for RON per DKK
Swedish Krona SEK 1.517681 0.658900 DKK/SEK Chart for SEK per DKK
Singapore Dollar SGD 0.192927 5.183300 DKK/SGD Chart for SGD per DKK
Thai Baht THB 4.960317 0.201600 DKK/THB Chart for THB per DKK
Turkish Lira TRY 5.086470 0.196600 DKK/TRY Chart for TRY per DKK
U.S. Dollar USD 0.149089 6.707400 DKK/USD Chart for USD per DKK
South African Rand ZAR 2.620545 0.381600 DKK/ZAR Chart for ZAR per DKK