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.

Panamanian Balboa

Panamanian Balboa

The balboa (sign: B/.; ISO 4217: PAB) is, along with the United States dollar, one of the official currencies of Panama. It is named in honor of the Spanish explorer/conquistador Vasco Núñez de Balboa. The balboa is subdivided into 100 centésimos.

6 Danish Krone to Panamanian Balboa exchange rates chart

6 DKK to PAB exchange rates graph
6 DKK to PAB 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.

6 DKK to PAB exchange rates table

Exchange DKK to PAB
6 Danish Krone = 0.924 Panamanian Balboa
12 Danish Krone = 1.848 Panamanian Balboa
30 Danish Krone = 4.621 Panamanian Balboa
60 Danish Krone = 9.242 Panamanian Balboa
Exchange Danish Krone to Panamanian Balboa
6 Danish Krone to Panamanian Balboa 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.

6 DKK to PAB exchange rates news

Panama City - A Door to History

Co-Authored by Steven Lapidus Costa Rica touts its exotic rain forests, (Ah the power of PR) but did you consider that the exact same terrain ca...

about 2 months indicative positive
7 Fascinating Facts About the Panama Canal

On the 100th anniversary of its opening, find out more about the famous waterway connecting the Atlantic and Pacific oceans.

about 2 months conditional negative

6 DKK to PAB currency converter