Exchange Rate in Denmark

Denmark Exchange Rate | Economic News & Forecasts

Denmark - Exchange Rate

The economy was in a deep downturn in April due to the full impact of lockdown measures, with the manufacturing PMI at an over one-decade low and retail sales plunging. However, a swift recovery appears to have ensued since May amid the lifting of many restrictions. The manufacturing PMI returned to expansionary territory in the month on greater output and new orders, while retail sales rebounded on pent-up consumer spending. This comes after the economy contracted sharply in the first quarter due to lower consumption, investment and exports. Meanwhile, in politics, the government enhanced its already-robust fiscal response in mid-June, announcing fresh cash payments to households and the extension of many existing support schemes. This should buttress the economy heading into Q3.

Denmark - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)6.87  7.06  6.21  6.51  6.66  

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Denmark Exchange Rate Chart


Denmark Exchange Rate
Note: Danish Krone (DKK) per euro
Source: Thomson Reuters.

Denmark Facts

Value Change Date
Bond Yield-0.15-1.54 %Jan 01
Exchange Rate6.66-0.57 %Jan 01

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