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.

Libyan Dinar

Libyan Dinar

The dinar (Arabic: دينار‎ dīnār) is the currency of Libya. Its ISO 4217 code is "LYD". The dinar is subdivided into 1000 dirham (درهم). It was introduced in September 1971 and replaced the pound at par. It is issued by the Central Bank of Libya, which also supervises the banking system and regulates credit. In 1972, the Libyan Arab Foreign Bank was established to deal with overseas investment. Ali Mohammed Salem, deputy governor of Central Bank of Libya stated the exchange rate of Libyan dinar would be pegged to special drawing rights for one to three years, according to an interview to Reuters on 27 December 2011.

4 Danish Krone to Libyan Dinar exchange rates chart

4 DKK to LYD exchange rates graph
4 DKK to LYD 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.

4 DKK to LYD exchange rates table

Exchange DKK to LYD
4 Danish Krone = 0.843 Libyan Dinar
8 Danish Krone = 1.686 Libyan Dinar
20 Danish Krone = 4.216 Libyan Dinar
40 Danish Krone = 8.431 Libyan Dinar
Exchange Danish Krone to Libyan Dinar
4 Danish Krone to Libyan Dinar 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.

4 DKK to LYD exchange rates news

Melbourne Airport security should take a bow

Melbourne Airport security should take a bow. Its system outperformed that of Adelaide, Sydney, Dallas, New York and Los Angeles.

conditional neutral
Major curriencies up

Uniindia: Mumbai, Nov 12 (UNI) Following were the indicative currency<br />rates and travellers'' cheques buying and selling rates per<br />unit.

indicative neutral
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral
UN envoy wants Libya election by June 2019
UN envoy wants Libya election by June 2019

The UN envoy for Libya Ghassan Salame has expressed the hope that another attempt to hold an election will take place by June next year.

conditional neutral
Libya's December elections quietly dropped from agenda

The UN representative will now focus on a national conference next year and economic reform

conditional neutral
Libya commander Haftar visits Russia ahead of conference

MOSCOW: Russia’s Defense Minister Sergei Shoigu met Libyan commander Khalifa Haftar in Moscow on Wednesday, Russian media reported, signalling Kremlin support ahead of a conference aimed at settling the north African country’s years of strife. Russia’s military has long shown backing for the powerful Libyan commander, who dominates eastern Libya.   He has visited Russia

conditional neutral
West, UN bury December plan for Libya poll

France UN had set date for elections in December

conditional neutral
Exclusive: U.N., Western powers quietly bury December plan for...

The United Nations and Western powers have given up hope that Libya will hold elections in the immediate future, focusing on reconciliation first among rival factions locked in a cycle of conflict, diplomats and other sources said.

conditional neutral

4 DKK to LYD currency converter