Danish Kroner to U.S. Dollar Spot Exchange Rate
DEXDNUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.46
Year-over-Year Change
0.67%
Date Range
10/4/2021 - 8/1/2025
Summary
The Danish Kroner to U.S. Dollar Spot Exchange Rate tracks the real-time value of Danish currency relative to the U.S. dollar, providing insights into international currency markets. This metric is crucial for understanding bilateral trade dynamics, investment flows, and economic relationships between Denmark and the United States.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This exchange rate represents the current market price for converting Danish kroner into U.S. dollars, reflecting relative economic conditions and monetary policies of both countries. Economists and financial analysts use this rate to assess currency valuation, trade competitiveness, and potential investment opportunities.
Methodology
The exchange rate is calculated based on real-time foreign exchange market transactions, typically sourced from interbank trading platforms and financial institutions.
Historical Context
Central banks, international traders, and multinational corporations use this exchange rate for financial planning, risk management, and cross-border economic decision-making.
Key Facts
- Reflects real-time market valuation of Danish kroner
- Influenced by economic indicators from both countries
- Critical for international financial transactions
FAQs
Q: How often does the Danish Kroner to U.S. Dollar exchange rate change?
A: The exchange rate fluctuates continuously during global market hours, with significant changes potentially occurring multiple times per minute based on economic conditions and market sentiment.
Q: What factors influence the Danish Kroner to U.S. Dollar exchange rate?
A: Key factors include interest rates, inflation, economic growth, political stability, and monetary policies of both Denmark and the United States.
Q: How is this exchange rate used in international trade?
A: Businesses use this rate to price goods, manage currency risk, and calculate the cost of imports and exports between Denmark and the United States.
Q: Can individual investors access this exchange rate information?
A: Yes, the exchange rate is publicly available through financial websites, banking platforms, and economic data providers like the Federal Reserve Economic Data (FRED).
Q: How frequently is this exchange rate data updated?
A: The data is typically updated in real-time during market hours, with official records refreshed daily by financial institutions and government economic databases.
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Citation
U.S. Federal Reserve, Danish Kroner to U.S. Dollar Spot Exchange Rate [DEXDNUS], retrieved from FRED.
Last Checked: 8/1/2025