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.

Tongan Pa'anga

Tongan Pa'anga

The paʻanga is the currency of Tonga. It is controlled by the National Reserve Bank of Tonga (Pangikē Pule Fakafonua ʻo Tonga) in Nukuʻalofa. The paʻanga is not convertible and is pegged to a basket of currencies comprising the Australian, New Zealand, United States dollars and the Japanese yen. The paʻanga is subdivided into 100 seniti. The ISO code is TOP, and the usual abbreviation is T$ (¢ for seniti). In Tonga the paʻanga is often referred to in English as the dollar, the seniti as the cent and the hau as the union. There is also the unit of hau (1 hau = 100 paʻanga), but this is not used in everyday life and can only be found on commemorative coins of higher denominations.

2 Danish Krone to Tongan Pa'anga exchange rates chart

2 DKK to TOP exchange rates graph
2 DKK to TOP 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.

2 DKK to TOP exchange rates table

Exchange DKK to TOP
2 Danish Krone = 0.688 Tongan Pa'anga
4 Danish Krone = 1.377 Tongan Pa'anga
10 Danish Krone = 3.442 Tongan Pa'anga
20 Danish Krone = 6.884 Tongan Pa'anga
Exchange Danish Krone to Tongan Pa'anga
2 Danish Krone to Tongan Pa'anga 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.

2 DKK to TOP exchange rates news

Major Curriencis up

Uniindia: Mumbai, Nov 05 (UNI) Following were the indicative currency rates<br />and travellers'' cheques buying and selling rates per unit.

indicative neutral
Apple acquired Spektral for live cutout video magic

It would appear as though Apple acquired a company by the name of Spektral at the tail end of the year 2017. This Danish group specialized in the isolation of

conditional neutral
Pound Danish Krone (GBP/DKK) Exchange Rate Strikes Six-Month High as Brexit Optimism Continues to Grow | Currency News UK

Pound Danish Krone (GBP/DKK) Exchange Rate Strikes Six-Month High as Brexit Optimism Continues to Grow | Currency News UK

conditional positive
USD, Euro down; Pound up
USD, Euro down; Pound up

Uniindia: Mumbai, Nov 1 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit on Thursday.

indicative neutral
Tongan Vessel Undergoes FSHIL Makeover | Fiji Sun
Tongan Vessel Undergoes FSHIL Makeover | Fiji Sun

Captain Viliami Mafi has no regrets in bringing his vessel to Fiji to have it dry docked. Captain Mafi said the decision by his management to bring MV Tongiaki to...

indicative positive
Parliamentary delegation to cheer Mate Ma'a Tonga not confirmed

It will cost around $45,000 pa‘anga for the Tongan Parliament to send a delegation of six people, including the Speaker Lord Fakafanua, “to show Parliament’s unwavering support for Mate Ma’a Tonga” on Saturday. But the Clerk of the House said the figure had yet to be finalised as some MPs who are overseas might join the delegation in Auckland.

conditional neutral
Tongan valuable mats stolen in home break-in

A break in at a home in Ma’ufanga targeted valuable Tongan mats worth more than $3,000 pa'anga on October 15.

indicative positive

2 DKK to TOP currency converter