Course USD(US Dollar)-DKK(Danish Krone) for today

Quotes USD/DKK for today .

US Dollar

The US central bank is called the Federal Reserve Bank (commonly referred to as "The Fed"). The USD is the most traded currency in the forex market and can be paired with all other major currencies. Common names for the USD include the greenback, buck, green, dough, smacker, bones, dead presidents, scrillas, and paper.

  • Central bank: The Federal Reserve System (also known as the Federal Reserve, or the Fed)
  • The USD (also called the greenback or buck) is the de facto global currency. Most commodities (including gold and oil) are priced in USD.
  • The U.S.A. has by far the largest economy in the world.
  • America faces challenges from developing economies, and has consistently large trade deficits with other nations.

Danish Krone

Currency in Denmark first came into existence in 1625 with the introduction of the Danish Rigsdaler. The Rigsdaler was a complicated currency, using three subunits: the mark, skilling, and pfenning. The system lacked decimalization and continued to be used until the creation of Scandinavian Monetary Union in 1873. The Union obligated Denmark, Norway, and Sweden to fix their respective currencies against gold, at par with one another, to create monetary stability.

  • Central bank: Danmarks Nationalbank
  • The Danish krone (meaning “crown”) is pegged to the euro.
  • Denmark preserves its currency through a special "opt-out" provision from the Maastricht Treaty. Danes rejected adopting the euro in referendums in 1993 and 2000.
  • Denmark has a thoroughly modern market economy. Its world-leading firms employ state-of-the-art high-tech in varied industries.
  • Exports include machinery and instruments, meat and dairy products, fish, pharmaceuticals, furniture, windmills.
  • The krone is also used in Greenland and Faroe Islands.

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