Exchange rates used for currency conversion updated on 04th May 2016 ( 04/05/2016 )
Below you will find the latest exchange rate for exchanging Danish Krone (DKK) to Euro (EUR) , a table containing most common conversions and a chart with the pair's evolution.
The Danish Krone (DKK) to Euro (EUR) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
DKK is the code for the official currency of Denmark and Greenland which is known as the krone and symbolized with "kr". The Faroe Islands also use a version of the krone, but the islands have there own specially printed banknotes that trade at 1:1 par with the Danish krone. The Faroe Islands krone is under complete monetary control of the Danmarks Nationalbank. The krone itself is pegged in value to the euro. Each krone is subdivided into 100 øre.
The Danmarks Nationalbank issues the currency in denominated coins valued at 50 øre, 1kr, 2kr, 5kr, 10kr, and 20 kr with notes printed in 50kr, 100kr, 200kr, 500kr, and 1000 kr denominations. The Faroese króna is issued in 25 oyrur , 50 oyrur, 1kr, 2kr, 5kr, 10kr, and 20kr with notes in denominations of 50kr, 100kr, 200kr, 500kr, and1000kr.
About Euro (EUR)
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.