Denmark: USD exchange rate
* indicates monthly or quarterly data series
The currency chart for Denmark shows historical data for the Danish Krones per USD exchange rate.
These are monthly averages and not end-of-month currency values.
An increase means depreciation against the USD as one can exchange more Danish Krones per USD.
Depreciation implies that goods from Denmark become cheaper to export and it becomes cheaper for foreigners to visit Denmark.
The series for Denmark are available from January 2000 to November 2024. For that period, the average exchange rate for Denmark was 6.3749 Danish Krones per USD with a minimum of 4.7319 Danish Krones per USD in July 2008 and a maximum of 8.73 Danish Krones per USD in June 2001. The most recent available data point is 7.0197 Danish Krones per USD, a change of 2.53% from the previous data point of 6.8462 Danish Krones per USD and a change of 1.81% from a year ago when the level was 6.895 Danish Krones per USD.
Currency values in Denmark and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
The series for Denmark are available from January 2000 to November 2024. For that period, the average exchange rate for Denmark was 6.3749 Danish Krones per USD with a minimum of 4.7319 Danish Krones per USD in July 2008 and a maximum of 8.73 Danish Krones per USD in June 2001. The most recent available data point is 7.0197 Danish Krones per USD, a change of 2.53% from the previous data point of 6.8462 Danish Krones per USD and a change of 1.81% from a year ago when the level was 6.895 Danish Krones per USD.
Currency values in Denmark and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series
- Measure: Danish Krones per USD
- Source: Google Finance
Recent values | Denmark: USD Exchange rate |
---|---|
2024  Nov | 7.0197 |
2024  Oct | 6.8462 |
2024  Sep | 6.7162 |
2024  Aug | 6.7698 |
2024  Jul | 6.8765 |
2024  Jun | 6.9327 |
2024  May | 6.886 |
2024  Apr | 6.9548 |
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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 3.3 | 2023 | percent |
Exchange rate regimes | 3 | 2022 | index points |
USD exchange rate | 7.0197 | 11/2024 | Local Currency Units per USD |
Money supply (broad money) | 1,752.62 | 9/2024 | billion |
Consumer Price Index (CPI) | 120.0000 | 10/2024 | index points |
Inflation, monthly | 0.67 | 10/2024 | percent |
Inflation, annual | 1.61 | 10/2024 | percent |
Private sector credit | 554.61 | 8/2024 | billion |
Business credit | 216.47 | 8/2024 | billion |
Household credit | 338.14 | 8/2024 | billion |
Mortgage credit | 314.66 | 8/2024 | billion |
Consumer credit | 23.48 | 8/2024 | billion |
Deposit interest rate | 2.74 | 9/2024 | percent |
Business credit interest rate | 5.41 | 9/2024 | percent |
Mortgage credit interest rate | 5.23 | 9/2024 | percent |
Policy rate | 2.85 | 11/2024 | percent |
Household debt to GDP | 88.10 | 3/2024 | percent |
Debt service ratios for private non-financial sector | 26.00 | Q1/2024 | percent |