Interest and exchange rates
0 Administrative Information about the Statistical Product
1 Contents
2 Time
3 Accuracy
4 Comparability
5 Accessibility
6 Supplementary Documentation
0 Administrative Information about the Statistical Product
0.1 Name Interest and exchange rates.
0.2 Subject AreaStatistics on interest rates
Exchange rates
Money and credit market.
0.3 Responsible Authority, Office, Person, etc.Danmarks Nationalbank, Secretariat and Communications, Publicing
Communications, tel.
+45 33 63 70 00, e-mail: kommunikation
@nationalbanken.dk 0.4 Purpose and History
The statistics are used as benchmark for business related to exchange rates and interest-based assets and/or liabilities.
Historically Danmarks Nationalbank has collected the data.
0.5 Users and Application Banks, other financial corporations, non-financial corporations, private individuals, professional and industrial bodies.
0.6 Sources Danmarks Nationalbank.
0.7 Legal Authority to Collect Data The collection takes place as a part of the ordinary activities of Danmarks Nationalbank.
0.8 Response Burden None – the collection takes place as a part of ordinary activities of Danmarks Nationalbank.
0.9 EU Regulation None.
1 Contents
1.1 Description of Contents
The statistics contain the official interest and exchange rates fixed by Danmarks Nationalbank or observed in the money market.
1.2 Statistical Concepts
Current accounts
Banks enter surplus liquidity on demand into their current accounts.
Certificates of deposit Certificates of deposit, which are normally sold on the last banking day of the week and have a maturity of 7 days, do not accrue interest, but are sold below par so that the implicit yield constitutes the certificate of deposit interest rate. At its pre-announced repurchases of certificates of deposit Danmarks Nationalbank normally calculate a small premium in addition to the official rates.
Lending In the weekly market operations, counterparties can obtain 7-day loans against collateral, or deposit liquidity for 7 days by purchasing certificates of deposit. In the monthly market operations the counterparties can obtain 6-month loans against collateral. The interest rate on 6-month loans is variable, set at Danmarks Nationalbank's 7-day lending rate.
Money-market interest rates The tomorrow/next rate is an interbank interest rate for uncollateralized money market lending which is calculated as a turnover weighted average of the rates of 12 reporters.
Exchange rates
The shown exchange rates are calculated on the basis of the rates listed daily at 2.15 p.m. as from January 2002. Until end-2001 the exchange rates were calculated on the basis of rates listed at 11.30 a.m. The denominations used are the international ISO codes, which stand for the following currencies:
| Euro | EUR | Swedish kronor | SEK | Japanese yen | JPY |
| US-dollar | USD | Norwegian kroner | NOK | | |
| Pound sterling | GBP | Swiss franc | CHF | | |
| | | | | | |
| Australian dollar | AUD | Chinese yuan renminbi | CNY | South African rand | ZAR |
| Brasilian real | BRL | Croatian kuna | HRK | South Korean won | KRW |
| Bulgarian lev | BGN | Malaysian ringgit | MYR | Thai baht | THB |
| Canadian dollar | CAD | Mexican peso | MXN | Czech koruna | CZK |
| Philippine peso | PHP | New Zealand dollar | NZD | Turkish lira | TRY |
| Hong Kong dollar | HKD | Polish zloty | PLN | Hungarian forint | HUF |
| Indian rupee | INR | Romanian lei | RON | SDR | XDR |
| Indonesian rupiah | IDR | Russian rouble | RUB | | |
| Israeli shekel | ILS | Singapore dollar | SGD | | |
The nominal effective krone rate The nominal effective krone rate is a geometrical weighting of the development in the currencies of 27 of Denmark's most important trading partners vis-à-vis the Danish krone, and the calculation is made on the basis of the exchange rates at 2.15 p.m. each banking day. As from January 2015 the weighting basis is based on trading in manufactured goods in 2014. The employed consumer price indexes are national indexes compiled by the national statistical agencies.
Only 25 countries are included in the calculation of consumer prices abroad and the real effective krone rate based on consumer prices and hourly earnings, respectively.
An increase in the index reflects a nominal or a real appreciation of the krone.
2.1 Reference Period The statistics are published daily, monthly and annually. Some rates are also published quarterly.
2.2 Date of Publication Data are updated on a daily basis.
Interest ratesMonthly data are published on the 2nd banking day after end-month.
Yearly data are published on the 2nd banking day after end-year.
Quarterly data are published on the 2nd banking day after end-quarter.
Exchange ratesMonthly data are published on the 1st banking day after end-month.
Yearly data are published on the 1st banking day after end-year.
Quarterly data are published on the 1st banking day after end-quarter.
2.3 Punctuality The statistics are normally published according to schedule.
2.4 Frequency New figures are published in every publication irrespective of frequency.
3.1 Overall Accuracy High. Danmarks Nationalbank publish the official figures for both interest and exchange rates.
3.2 Sources of Inaccuracy None.
3.3 Measures on Accuracy There are no measures on accuracy.
4.1 Comparability over Time There are no previous surveys.
4.2 Comparability with other Statistics
Comparable with exchange rates of other central banks.
4.3 Coherence between Provisional and Final Statistics Only final figures are published.
5 Accessibility
5.1 Forms of Dissemination
Published via:
Also see Danmarks Nationalbank, Report and Accounts.
5.2 Basic Material: Storage and Usability The data are stored in Danmarks Nationalbank, Statistics' database.
5.4 Other Information None.
6 Supplementary Documentation None.
Last revised: 15/09/2017