Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

Qatari Riyal

Qatari Riyal

The Qatari riyal is the currency of the State of Qatar. It is divided into 100 dirhams (Arabic: درهم‎) and is abbreviated as either QR (English) or ر.ق (Arabic).

1 Danish Krone to Qatari Riyal exchange rates chart

1 DKK to QAR exchange rates graph
1 DKK to QAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 DKK to QAR exchange rates table

Exchange DKK to QAR
1 Danish Krone = 0.561 Qatari Riyal
2 Danish Krone = 1.121 Qatari Riyal
5 Danish Krone = 2.804 Qatari Riyal
10 Danish Krone = 5.607 Qatari Riyal
Exchange Danish Krone to Qatari Riyal
1 Danish Krone to Qatari Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best DKK/QAR rate at Commercial Bank of Qatar in Doha

1 DKK to QAR exchange rates at Commercial Bank of Qatar in Doha
1 Danish Krone = 0.551 Qatari Riyal
Commercial Bank of Qatar
Commercial Bank of Qatar

Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. What we do is just as important as how we do it. Our promise – that everything is possible – governs how we approach our business. Our services support individuals, the public sector and companies of all sizes in Qatar and internationally. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments...

1 DKK to QAR exchange rates news

Qatar Airways reports $445m profit

It is the first time Qatar Airways has released its financial results

12 days indicative positive
No instructions to stop dealing in Qatari Riyal, SAMA confirms

The Saudi Arabian Monetary Authority (SAMA) confirmed here today that it did not issue any instructions to financial and exchange institutions operating in the Kingdom, calling for suspension of dealing in the Qatari Riyal, since severing of relations with Qatar by the four Arab states calling to fight terrorism, Saudi Press Agency reported Saturday.

about 2 months indicative positive
Qatar investigation into claims UAE tried to rig the riyal

Doha said it is looking into claims that the UAE attempted to sabotage the Qatari riyal and take the World Cup from the Gulf state.

about 2 months conditional neutral
Qatar’s Ooredoo profits plunge

LONDON: Qatar’s biggest phone company reported a sharp decline in profits as sales fell at home and it was hit by tough trading conditions in Indonesia and Algeria. Ooredoo second quarter net profit fell 60 percent to 203 million Qatari riyals ($54.7 million), the Doha-based company said in a stock exchange filing. It said it was hurt by lower revenues in Indonesia and Algeria

about 2 months indicative neutral

1 DKK to QAR currency converter