Danish krone

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:

List of all currencies

1.00 Danish krones = 0.14 US dollars

Convert to:

Reverse currencies

Exchange rate history 1 DKK in USD

The graph shown here shows the exchange rate development from January 2017 to June 2023. The exchange rate for 1 DKK moved during this time from USD 0.15 to USD 0.14. In these 77 months it fell by 4.6 percent.

Danish krone as currency

GreenlandNorth America
DenmarkNorthern Europe

Currencies with a fixed exchange rate to the Danish krone

Faroese krona1 DKK = 1 FOK

US dollar as currency

American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United States of AmericaNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Caribbean NetherlandsCaribbean
United States Minor Outlying IslandsMicronesia

Currency reserves for the Danish krone

According to the International Monetary Fund, the total broad money (M3) amounted to DKK 1.568 trillion at the end of 2021 (data only for Denmark). For currency hedging, reserves were held in a total amount of 517.03 billion krones. This corresponds to a ratio of 1:3.0. Or in other words, 10 of 30 krones are deposited with a countervalue, which is internationally already above average.

Approximately 20.87 billion krones (4.0%) 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


All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: average incomeAverage income around the worldA comparison of the average income per capita over 69 countries worldwide
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 103 countries compared to the US