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.

Gibraltar Pound

Gibraltar Pound

The Gibraltar pound (currency sign: £; banking code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. Gibraltar pound coins are minted notes printed by the Government of Gibraltar.

8 Danish Krone to Gibraltar Pound exchange rates chart

8 DKK to GIP exchange rates graph
8 DKK to GIP 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.

8 DKK to GIP exchange rates table

Exchange DKK to GIP
8 Danish Krone = 0.932 Gibraltar Pound
16 Danish Krone = 1.863 Gibraltar Pound
40 Danish Krone = 4.658 Gibraltar Pound
80 Danish Krone = 9.315 Gibraltar Pound
Exchange Danish Krone to Gibraltar Pound
8 Danish Krone to Gibraltar Pound 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.

8 DKK to GIP 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
EU warns of 'long road ahead' on Brexit

The EU sets out a timetable leading up to a summit to finalise the draft Brexit agreement.

conditional neutral
25 Of The Most Unappealing Tourist Attractions (That Are Actually Somehow Popular)

We can't really comprehend how these places are still so popular

indicative neutral
Brexit LIVE: David Davis in 11th hour intervention warning MPs against Theresa May’s plan

FORMER Brexit secretary David Davis has made an 11th hour intervention and warned fellow Tory MPs about the threat Theresa May's Chequers proposal will have on a post-Brexit Britain

conditional neutral
UK Chancellor To Increase Tax For Offshore Gambling Operators

UK Chancellor Philip Hammond has the offshore gambling industry on his radar as he plans for a tax increase later this month.

conditional negative
From GoSkippy to diamond mines: the web of Arron Banks's wealth

The tycoon’s complex finances are under scrutiny as the NCA investigates £8m of Brexit campaign funding

conditional positive

8 DKK to GIP currency converter