BillyR Posted May 21, 2018 Share Posted May 21, 2018 The Danish krone is the official currency of the Kingdom of Denmark, Greenland and the Faroe Islands. The krone is regulated by the Danmarks Nationalbank, which is the nation’s central bank, and it has the currency code of DKK and the symbol kr. While the code appears before the value, the symbol comes after it. The krone is divided into 100 ore. The currency comes in the form of several banknotes and coins. At the time of report, the krone is pegged to the euro because of Denmark’s participation in ERM II, an agreement established on Jan. 1, 1999 to manage the risks associated with currency fluctuations.1) Because of this agreement, the Danish currency is pegged at 7.46038 krone per euro and is allowed to fluctuate 2.25% higher or lower than this exchange rate. You can see usd to dkk exchange rate right now is 6,3350 Link to comment Share on other sites More sharing options...
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