Danish Kroner to U.S. Dollar Spot Exchange Rate
EXDNUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.39
Year-over-Year Change
-7.04%
Date Range
1/1/1971 - 7/1/2025
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, reflecting international currency market dynamics. This metric is crucial for understanding bilateral trade relationships, investment flows, and economic interdependence 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, indicating relative economic strength and monetary policy impacts. Economists and financial analysts use this rate to assess currency valuation, trade competitiveness, and potential investment opportunities between the two economies.
Methodology
The exchange rate is calculated through real-time foreign exchange market transactions, aggregating current trading prices from global financial institutions and currency markets.
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 currency market dynamics
- Influenced by monetary policies of both countries
- Critical for international trade and investment decisions
FAQs
Q: How often does the Danish Kroner to U.S. Dollar exchange rate change?
A: The exchange rate fluctuates continuously during global market trading hours, with significant changes potentially occurring multiple times per minute.
Q: What factors influence the EXDNUS exchange rate?
A: Key factors include interest rates, inflation, economic performance, political stability, and monetary policies in both Denmark and the United States.
Q: How do traders use this exchange rate?
A: Traders use this rate to make currency conversion decisions, hedge against currency risks, and develop international investment strategies.
Q: Why is this exchange rate important for businesses?
A: It helps companies predict costs, manage international transactions, and assess the financial implications of cross-border trade and investments.
Q: How frequently is the EXDNUS data updated?
A: The exchange rate data is typically updated in real-time during market hours, with official records refreshed daily by financial institutions.
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Citation
U.S. Federal Reserve, Danish Kroner to U.S. Dollar Spot Exchange Rate [EXDNUS], retrieved from FRED.
Last Checked: 8/1/2025