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: 17 May 2024, 2:55 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
Australian Dollar AUD 0.218202 4.582900 DKK/AUD Chart for AUD per DKK
Bulgarian Lev BGN 0.262116 3.815100 DKK/BGN Chart for BGN per DKK
Brazilian Real BRL 0.745768 1.340900 DKK/BRL Chart for BRL per DKK
Canadian Dollar CAD 0.198138 5.047000 DKK/CAD Chart for CAD per DKK
Swiss Franc CHF 0.132078 7.571300 DKK/CHF Chart for CHF per DKK
Chinese Yuan CNY 1.050310 0.952100 DKK/CNY Chart for CNY per DKK
Czech Koruna CZK 3.313453 0.301800 DKK/CZK Chart for CZK per DKK
Danish Krone DKK 1.000000 1.000000 DKK/DKK Chart for DKK per DKK
Euro EUR 0.134021 7.461500 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.114836 8.708100 DKK/GBP Chart for GBP per DKK
Hong Kong Dollar HKD 1.133787 0.882000 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 51.948052 0.019250 DKK/HUF Chart for HUF per DKK
Indonesian Rupiah IDR 2,320.185615 0.000431 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.540336 1.850700 DKK/ILS Chart for ILS per DKK
Indian Rupee INR 12.121212 0.082500 DKK/INR Chart for INR per DKK
Icelandic Krona ISK 20.145044 0.049640 DKK/ISK Chart for ISK per DKK
Japanese Yen JPY 22.644415 0.044161 DKK/JPY Chart for JPY per DKK
South Korean Won KRW 197.199763 0.005071 DKK/KRW Chart for KRW per DKK
Mexican Peso MXN 2.424242 0.412500 DKK/MXN Chart for MXN per DKK
Malaysian Ringgit MYR 0.681245 1.467900 DKK/MYR Chart for MYR per DKK
Norwegian Krone NOK 1.559089 0.641400 DKK/NOK Chart for NOK per DKK
New Zealand Dollar NZD 0.237903 4.203400 DKK/NZD Chart for NZD per DKK
Philippine Peso PHP 8.382230 0.119300 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.571592 1.749500 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.666800 1.499700 DKK/RON Chart for RON per DKK
Swedish Krona SEK 1.562012 0.640200 DKK/SEK Chart for SEK per DKK
Singapore Dollar SGD 0.195791 5.107500 DKK/SGD Chart for SGD per DKK
Thai Baht THB 5.274262 0.189600 DKK/THB Chart for THB per DKK
Turkish Lira TRY 4.688233 0.213300 DKK/TRY Chart for TRY per DKK
U.S. Dollar USD 0.145332 6.880800 DKK/USD Chart for USD per DKK
South African Rand ZAR 2.654632 0.376700 DKK/ZAR Chart for ZAR per DKK
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