DKK - Danish Krone

The Danish Krone is the currency of Denmark. Our currency rankings show that the most popular Danish Krone exchange rate is the DKK to USD rate. The currency code for Kroner is DKK, and the currency symbol is kr. Below, you'll find Danish Krone rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the Xe Currency Blog, or take DKK rates on the go with our Xe Currency Apps and website.

Currency in Denmark first came into existence in 1625 with the introduction of the Danish Rigsdaler. The Rigsdaler was a complicated currency, using three subunits: the mark, skilling, and pfenning. The system lacked decimalization and continued to be used until the creation of Scandinavian Monetary Union in 1873. The Union obligated Denmark, Norway, and Sweden to fix their respective currencies against gold, at par with one another, to create monetary stability.

In 1875, the Danish Krone was introduced as Denmark's official legal tender. The Scandinavian Monetary Union dissolved in 1914, when the gold standard was abandoned globally. Denmark kept the Krone currency and attempted to fix it to the gold standard again in 1924, but permanently left it in 1931. The Krone underwent another change when it was pegged to the German Reichsmark during the German occupation from 1940-1945. It was re-pegged to the British Pound and US Dollar following the end of the war.

Danish Krone and the euro
As a part of the European Union, Denmark was originally going to adopt the euro. However, when the euro was launched in 1999, Denmark opted out through the Edinburgh Agreement. In 2000, a referendum was held to decide whether or not the euro would be introduced. 53.2% of the population was opposed to adopting the euro. The Danish Krone remains connected by the Exchange Rate Mechanism II (ERM II) with an exchange rate tied within 2.25% of the euro.

Danish Krone Stats

NameDanish Krone
Symbolkr.
Minor unit1/100 = Øre
Minor unit symbolØre
Inflation1.10%
Top DKK conversionDKK to USD
Top DKK chartDKK to USD chart

Danish Krone Profile

CoinsFreq used: Øre50, kr.1, kr.2, kr.5, kr.10, kr.20
Bank notesFreq used: kr.50, kr.100, kr.200, kr.500, kr.1000
Central bankDanmarks Nationalbank
Users
Denmark, Faroe Islands, Greenland

Live Currency Rates

CurrencyRateChange
EUR / USD1.16190
GBP / EUR1.17130
USD / JPY110.948
GBP / USD1.36094
USD / CHF0.924730
USD / CAD1.25865
EUR / JPY128.912
AUD / USD0.728404

Central Bank Rates

CurrencyInterest Rate
JPY-0.10%
CHF-0.75%
EUR0.00%
USD0.25%
CAD0.25%
AUD0.10%
NZD0.25%
GBP0.10%