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: 7 Jun 2023, 3:55 PM GMT

National Bank of Denmark Exchange Rates

Currency Name Code 1 DKK in DKK Converter Chart
U.S. Dollar USD 0.143864 6.951000 DKK/USD Chart for USD per DKK
Euro EUR 0.134239 7.449400 DKK/EUR Chart for EUR per DKK
U.K. Pound Sterling GBP 0.115405 8.665100 DKK/GBP Chart for GBP per DKK
Australian Dollar AUD 0.214837 4.654700 DKK/AUD Chart for AUD per DKK
Canadian Dollar CAD 0.192645 5.190900 DKK/CAD Chart for CAD per DKK
Japanese Yen JPY 20.058169 0.049855 DKK/JPY Chart for JPY per DKK
Swiss Franc CHF 0.130266 7.676600 DKK/CHF Chart for CHF per DKK
Brazilian Real BRL 0.706215 1.416000 DKK/BRL Chart for BRL per DKK
Bulgarian Lev BGN 0.262543 3.808900 DKK/BGN Chart for BGN per DKK
Chinese Yuan CNY 1.023332 0.977200 DKK/CNY Chart for CNY per DKK
Czech Koruna CZK 3.171583 0.315300 DKK/CZK Chart for CZK per DKK
Hong Kong Dollar HKD 1.128032 0.886500 DKK/HKD Chart for HKD per DKK
Hungarian Forint HUF 49.504950 0.020200 DKK/HUF Chart for HUF per DKK
Icelandic Krona ISK 20.202020 0.049500 DKK/ISK Chart for ISK per DKK
Indian Rupee INR 11.862396 0.084300 DKK/INR Chart for INR per DKK
Indonesian Rupiah IDR 2,136.752137 0.000468 DKK/IDR Chart for IDR per DKK
Israeli New Sheqel ILS 0.525486 1.903000 DKK/ILS Chart for ILS per DKK
Malaysian Ringgit MYR 0.661419 1.511900 DKK/MYR Chart for MYR per DKK
Mexican Peso MXN 2.498126 0.400300 DKK/MXN Chart for MXN per DKK
New Zealand Dollar NZD 0.236798 4.223000 DKK/NZD Chart for NZD per DKK
Norwegian Krone NOK 1.583782 0.631400 DKK/NOK Chart for NOK per DKK
Philippine Peso PHP 8.051530 0.124200 DKK/PHP Chart for PHP per DKK
Polish Zloty PLN 0.599988 1.666700 DKK/PLN Chart for PLN per DKK
Romanian New Leu RON 0.665646 1.502300 DKK/RON Chart for RON per DKK
Singapore Dollar SGD 0.193735 5.161700 DKK/SGD Chart for SGD per DKK
South African Rand ZAR 2.738226 0.365200 DKK/ZAR Chart for ZAR per DKK
South Korean Won KRW 187.125749 0.005344 DKK/KRW Chart for KRW per DKK
Swedish Krona SEK 1.560549 0.640800 DKK/SEK Chart for SEK per DKK
Thai Baht THB 4.997501 0.200100 DKK/THB Chart for THB per DKK
Turkish Lira TRY 3.327787 0.300500 DKK/TRY Chart for TRY per DKK
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