Danish Krone

The Danish Krone decreased to 5.41 in April from 5.42 in March of 2014. Danish Krone averaged 6.60 from 1972 until 2014, reaching an all time high of 12.37 in February of 1985 and a record low of 4.66 in April of 2008. The USDDKK spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the DKK. While the USDDKK spot exchange rate is quoted and exchanged in the same day, the USDDKK forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Danish Krone - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.41 5.42 12.37 4.66 5.47 | 2014/05 1972 - 2014 Daily

TO

Danish Krone
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 5.40 2014-04-18 5.42 12.37 4.66 5.47 2014-05-31 [+]
Government Bond 10Y 1.51 2014-04-17 1.62 15.76 0.96 1.55 2014-05-31 Percent [+]
Stock Market 565.22 2014-04-17 582.73 598.23 100.00 539.26 2014-05-31 Index points [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Denmark Crude Oil Production at 172.00 Thousands Barrels per Day  
Crude Oil Production in Denmark increased to 172 Thousands Barrels per Day in October of 2013 from 157 Thousands Barrels per Day in September of 2013. Crude Oil Production in Denmark is reported by the U.S. Energy Information Administration.
Denmark Balance of Trade at 5782.10 DKK Million  
Denmark recorded a trade surplus of 5782.10 DKK Million in February of 2014. Balance of Trade in Denmark is reported by the Statistics Denmark.
Denmark Imports at 45569.30 DKK Million  
Imports in Denmark decreased to 45569.30 DKK Million in February of 2014 from 46564.20 DKK Million in January of 2014. Imports in Denmark is reported by the Statistics Denmark.
Denmark Unemployment Rate at 4.20 Percent  
Unemployment Rate in Denmark decreased to 4.20 percent in February of 2014 from 4.30 percent in January of 2014. Unemployment Rate in Denmark is reported by the Statistics Denmark.
Denmark Retail Sales YoY at 0.62 Percent  
Retail Sales in Denmark increased 0.62 percent in February of 2014 over the same month in the previous year. Retail Sales YoY in Denmark is reported by the Statistics Denmark.
Denmark Car Registrations at 16770.00 Cars  
Car Registrations in Denmark increased to 16770 Cars in March of 2014 from 14732 Cars in February of 2014. Car Registrations in Denmark is reported by the Statistics Denmark.
Denmark Consumer Confidence at 5.00  
Consumer Confidence in Denmark increased to 5 in March of 2014 from 4.20 in February of 2014. Consumer Confidence in Denmark is reported by the Statistics Denmark.
Denmark Changes in Inventories at -565.00 DKK Million  
Changes in Inventories in Denmark decreased to -565 DKK Million in the fourth quarter of 2013 from 186 DKK Million in the third quarter of 2013. Changes in Inventories in Denmark is reported by the Statistics Denmark.
Denmark Construction Output at 0.90 Percent  
Construction output in Denmark increased 0.90 percent in January of 2014 over the same month in the previous year. Construction Output in Denmark is reported by the Eurostat.
Denmark Consumer Price Index (CPI) at 130.70 Index Points  
Consumer Price Index (CPI) in Denmark increased to 130.70 Index Points in March of 2014 from 130.60 Index Points in February of 2014. Consumer Price Index (CPI) in Denmark is reported by the Statistics Denmark.
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