Exchange rates

Currency ISO 03-10-2022 30-09-2022 See graph RSS Download
Euro EUR 743.66 743.65
US dollars USD 761.63 762.87
Pounds sterling GBP 854.09 842.19
Swedish kronor SEK 68.39 68.23
Norwegian kroner NOK 70.39 70.26
Swiss francs CHF 769.99 777.80
Japanese yen JPY 5.2559 5.2737
Currency ISO 03-10-2022 30-09-2022 See graph RSS Download
Australian dollars AUD 491.58 493.27
Brazilian real BRL 143.62 141.42
Bulgarian lev BGN 380.23 380.23
Canadian dollars CAD 554.47 554.92
Philippine peso PHP 12.91 12.98
Hong Kong dollars HKD 97.02 97.18
Indian rupee INR 9.31 9.36
Indonesian rupiah IDR 0.0497 0.0500
Icelandic kronur * ISK 5.248 5.278
Israeli shekel ILS 212.60 213.94
Chinese yuan renminbi CNY 107.03 107.20
Croatian kuna HRK 98.79 98.84
Malaysian ringgit MYR 163.86 164.52
Mexican peso MXN 37.93 37.87
New Zealand dollars NZD 430.78 432.93
Polish zlotys PLN 153.90 153.38
Romanian leu RON 150.30 150.26
Russian rouble RUB 0 0
Singapore dollars SGD 530.62 531.14
South African rand ZAR 42.28 42.41
South Korean won KRW 0.5281 0.5309
Thai baht THB 20.00 20.20
Czech koruny CZK 30.32 30.29
Turkish lira TRY 41.03 41.12
Hungarian forints HUF 1.750 1.761
SDR (Calculated **) XDR 975.21 975.70

Information on the fixing of exchange rates

The exchange rates published on Danmarks Nationalbank's website are the prices in Danish kroner for 100 units of the foreign currency.

The European Central Bank (ECB) conducts a daily concertation procedure at 14:15, at which time 32 exchange rates are agreed among a number of central banks.

The reference rates are based on actual exchange rates in the interbank market and are set at the mid-price of the sell and buy side at the time of the concertation.

At the time when the concertation begins and the reference rates are to be determined, ECB will obtain the price for euro in a number of currencies, including Danish kroner, from the interbank market via correspondent banks and electronic trading platforms. ECB then determines the most accurate reference rate and during the concertation these rates with any adjustments are finally agreed among ECB and the participating central banks. Read more about the euro foreign exchange reference rate on ECB's website.

Based on the determined reference rate between euro and Danish kroner, Danmarks Nationalbank calculates a price in Danish kroner for the remaining 31 currencies.

ECB publishes the reference rates determined at the concertation at 16:00 and shortly after Danmarks Nationalbank publishes the prices in Danish kroner.

The exchange rates on Danmarks Nationalbank's website are indicative rates that are not intended to be used in any market transaction. The rates are intended for information purposes only.

RUB
Owing to current trading activity in the ruble market, the European Central Bank (ECB) is not in a position to set an exchange rate that is representative of prevailing market conditions. The ECB has therefore suspended its publication of an exchange rate for the Russian rouble until further notice. The ECB last published a EUR/RUB exchange rate on 1 March 2022. On this ground, Danmarks Nationalbank has also suspended the publication of a ruble exchange rate until further notice.


SDR
SDRs (Special Drawing Rights) are calculated on the basis of a basket of currencies (US dollars, euro, pounds sterling, Japanese yen and Chinese renminbi). Latest revision of the basket took effect on 1 August 2022. This basket is published by the IMF (the International Monetary Fund). The calculation is revised regularly and the next planned revision will be in July 2027. Read more about the SDR on IMF's website.

Historical exchange rates

Monthly and yearly historical exchange rates in Danmarks Nationalbank's StatBank.


 StatBank ​​

The effective rate index

The effective krone rate index (1980=100)

Date Index
03-10-2022 101.63
30-09-2022 101.64
29-09-2022 101.60
28-09-2022 101.28
27-09-2022 101.20

The effective krone rate is calculated as a weighted average of the bilateral exchange rates vis-à-vis Denmark's major trading partners. The weights are calculated on the basis of trade in industrial goods in 2018. An increase in the index reflects a strengthening of the krone.​​