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.

Singapore Dollar

Singapore Dollar

The Singapore dollar (sign: S$; code: SGD) is the official currency of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore issues the banknotes and coins of the Singapore dollar. As of 2016, the Singapore dollar is the twelfth-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore.

4 Danish Krone to Singapore Dollar exchange rates chart

4 DKK to SGD exchange rates graph
4 DKK to SGD 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 SGD exchange rates table

Exchange DKK to SGD
4 Danish Krone = 0.838 Singapore Dollar
8 Danish Krone = 1.677 Singapore Dollar
20 Danish Krone = 4.192 Singapore Dollar
40 Danish Krone = 8.383 Singapore Dollar
Exchange Danish Krone to Singapore Dollar
4 Danish Krone to Singapore Dollar 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/SGD rate at FOREX Bank in Copenhagen

4 DKK to SGD exchange rates at FOREX Bank in Copenhagen
4 Danish Krone = 0.774 Singapore Dollar
FOREX Bank
FOREX Bank

About FOREX Bank Business concept FOREX Bank offers simple bank services for those, who wants a richer everyday life. Advantages of FOREX Bank For you as a customer there are many advantages in using FOREX Bank. Here are a few of them: No fees or service charges, when you buy foreign currecy No fees or service charges when you sell foreign currency and have a FOREX Bank receipt from the purchase A wide selection of currencies Help and guidance on your destination Fast and inexpensive money...

Best DKK/SGD rate at POSB in Singapore

4 DKK to SGD exchange rates at POSB in Singapore
4 Danish Krone = 0.821 Singapore Dollar
POSB
POSB

POSB Bank (or simply known as POSB) is a Singaporean bank offering consumer banking services and is the oldest bank in continuous operation in Singapore. Established on January 1, 1877 as the Post Office Savings Bank,[1] the bank now operates as part of DBS Bank, which acquired the institution and its subsidiaries on November 16, 1998.[2] Prior to its acquisition, the bank was a major public bank offering low-cost banking services to Singaporeans. DBS Bank attempts to continue this tradition...

4 DKK to SGD 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
IHH, Maybank drag KLCI below 1,700 at close - Business News | The Star Online

KUALA LUMPUR: Foreign funds stepped up their selling pressure on Bursa Malaysia and sent the FBM KLCI to close below the crucial 1,700 on Monday, with IHH Healthcare, Maybank and Tenaga Nasional among the losers.

indicative negative
Singapore’s Central Bank, Stock Exchange Settle Tokenised Assets on a Blockchain
Singapore’s Central Bank, Stock Exchange Settle Tokenised Assets on a Blockchain

In a blockchain breakthrough, Singapore’s central bank and the country’s primary stock exchange have successfully developed an automated method for rapid settlements of tokenized assets.

indicative positive
Will USD/IDR, USD/PHP Reverse as Fed Rate Hike Bets Sink Stocks?

Bank of Indonesia upheld its currency, leaving the Rupiah resilient to USD gains. That may change as Fed rate hike bets sap market mood next,

conditional negative

4 DKK to SGD currency converter