Countries that use the Danish Krone
The Danish Krone was established in 1875 as an official national currency and is used only in Greenland and in Denmark. 1 Krone is devided into 100 øre.The Danish Krone is tied to the Euro with a fixed exchange rate. Therefore, 1 Krone always equals to 0.1340 Euro.
ISO 4127:
DKKNumeric:
208Symbol:
kr1.00 Danish Kronen = 0.16 US Dollar
(date: 01/24/2021)
Exchange rate history 10 DKK in USD
The graph shown here shows the exchange rate development from Januar 2015 to Januar 2021. The exchange rate for 10 DKK developed during this time from USD 1.56 to USD 1.63. In these 73 months it rose by 4.8%.
Danish Krone as currency
| Country | Region |
|---|---|
| Greenland | North America |
| Denmark | Northern Europe |
Currencies with a fixed exchange rate to the Danish Krone
| Currency | Rate |
|---|---|
| Faroese Krona | 1 DKK = 1 FOK |
US Dollar as currency
| Country | Region |
|---|---|
| American Samoa | Polynesia |
| British Virgin Islands | Caribbean |
| Ecuador | South America |
| El Salvador | Central America |
| Guam | Micronesia |
| East Timor | Southeast Asia |
| Marshall Islands | Micronesia |
| Federated States of Micronesia | Micronesia |
| Palau | Micronesia |
| Northern Mariana Islands | Micronesia |
| Puerto Rico | Caribbean |
| Turks and Caicos Islands | Caribbean |
| United States | North America |
| Virgin Islands | Caribbean |
| British Indian Ocean Territory | Eastern Africa |
| Bonaire, Saint Eustatius and Saba | Caribbean |
Currency reserves for the Danish Krone
According to the International Monetary Fund, the total broad money (M3) amounted to DKK 1,442.53 billion at the end of 2019 (data only for Denmark). For currency hedging, reserves were held in a total amount of 445.76 billion Krones. This corresponds to a ratio of 1:3.2. Or in other words: 1 of 3 Krones is deposited with a countervalue, which is internationally already above average.Approximately 21.7 billion Krones (4.9%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.
› Worldwide currency and gold reserves