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.

Caymanian Dollar

Caymanian Dollar

The Cayman Islands Dollar (currency code KYD) is the currency of the Cayman Islands. It is abbreviated with the dollar sign $, or alternatively CI$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. It is the 6th-highest-valued currency unit in the world, as of 20 June 2018.

7 Danish Krone to Caymanian Dollar exchange rates chart

7 DKK to KYD exchange rates graph
7 DKK to KYD 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.

7 DKK to KYD exchange rates table

Exchange DKK to KYD
7 Danish Krone = 0.884 Caymanian Dollar
14 Danish Krone = 1.769 Caymanian Dollar
35 Danish Krone = 4.422 Caymanian Dollar
70 Danish Krone = 8.845 Caymanian Dollar
Exchange Danish Krone to Caymanian Dollar
7 Danish Krone to Caymanian 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/KYD rate at FOREX Bank in Copenhagen

7 DKK to KYD exchange rates at FOREX Bank in Copenhagen
7 Danish Krone = 0.787 Caymanian 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...

7 DKK to KYD exchange rates news

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7 DKK to KYD currency converter