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.

IMF Special Drawing Rights

IMF Special Drawing Rights

Special drawing rights (ISO 4217 currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF). The XDR is the unit of account for the IMF, and is not a currency per se. XDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged. The XDR was created in 1969 to supplement a shortfall of preferred foreign-exchange reserve assets, namely gold and the U.S. dollar.XDRs are allocated to countries by the IMF. Private parties do not hold or use them. The amount of XDRs in existence was around XDR 21.4 billion in August 2009. During the global financial crisis of 2009, an additional XDR 182.6 billion were allocated to "provide liquidity to the global economic system and supplement member countries’ official reserves". By October 2014, the amount of XDRs in existence was XDR 204 billion.The value of the XDR is based on a basket of key international currencies reviewed by IMF every five years. The weights assigned to each currency in the XDR basket are adjusted to take into account their current prominence in terms of international trade and national foreign exchange reserves. In the review conducted in November 2015, the IMF decided that the Renminbi (Chinese yuan) would be added to the basket effective October 1, 2016. From that date, the XDR basket now consists of the following five currencies: U.S. dollar 41.73%, Euro 30.93%, Renminbi (Chinese yuan) 10.92%, Japanese yen 8.33%, British pound 8.09%.

9 Danish Krone to IMF Special Drawing Rights exchange rates chart

9 DKK to XDR exchange rates graph
9 DKK to XDR exchange 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.

9 DKK to XDR exchange rates FAQs

What is 9 DKK to XDR?

The meaning of 9 DKK to XDR is to exchange 9 Danish Krone to IMF Special Drawing Rights by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 9 DKK to XDR on the chart below.

Who can exchange 9 DKK to XDR?

Anyone with 9 Danish Krone can find a local bank or a bureau de change to convert into Danish Krone. However, if neither DKK nor XDR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 9 DKK to XDR?

Due to the nature of the forex market, the exchange rates for 9 DKK to XDR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 9 DKK to XDR?

Most likely you are traveling and want to get some IMF Special Drawing Rights cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 9 Danish Krone to IMF Special Drawing Rights. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 9 DKK to XDR?

Usually you can find a local bank, post office or bureau de change to exchange 9 DKK to XDR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of IMF Special Drawing Rights you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 9 DKK to XDR?

Use the tool we provided here to find the best exchange rates for 9 Danish Krone to IMF Special Drawing Rights. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 9 DKK in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

9 DKK to XDR exchange rates table

Exchange DKK to XDR
9 Danish Krone = 0.977 IMF Special Drawing Rights
18 Danish Krone = 1.954 IMF Special Drawing Rights
45 Danish Krone = 4.886 IMF Special Drawing Rights
90 Danish Krone = 9.772 IMF Special Drawing Rights
Exchange Danish Krone to IMF Special Drawing Rights
9 Danish Krone to IMF Special Drawing Rights 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.

9 DKK to XDR news tweets

9 DKK to XDR added 1 tweet
2019-04-21 12:20:19 UTC
euro, pound or danish krone? no fucking clue 😂 https://t.co/xPNu3ey0L2
9 DKK to XDR added 1 tweet
2019-04-19 17:30:02 UTC
@LUFC Cost me 20.000 danish krone. FFS
9 DKK to XDR added 1 tweet
2019-04-19 19:33:48 UTC
@slac Hej Serge! The Danish krone is pegged to the Euro by the national bank, at roughly €1 to DKK 7.5. This has pr… https://t.co/O3mZXa4W5F
9 DKK to XDR added 1 tweet
2019-04-18 07:49:12 UTC
Major Currencies down #Currencies #UAE #DIRHAM #AUSTRALIAN #DOLLAR #BANGLADESH #TAKA #BAHRAIN #DINAR… https://t.co/BC633QjvWd
9 DKK to XDR added 1 tweet
2019-04-18 09:55:02 UTC
Major Currencies down #Currencies #UAE #DIRHAM #AUSTRALIAN #DOLLAR #BANGLADESH #TAKA #BAHRAIN #DINAR… https://t.co/oKB4vf4Yf5
9 DKK to XDR added 1 tweet
2019-04-19 07:35:00 UTC
Bitcoin [BTC] proponent Jimmy Song says IMF already has a sh*tcoin called Special Drawing Rights… https://t.co/ec76ms3OgV
9 DKK to XDR added 1 tweet
2019-04-17 20:21:38 UTC
RT @Malinka1102: #IMF Executives Fail to Recognize #Guaido as #Venezuela's ‘Interim President’ Same IMF which suspended access of V… https://t.co/lctMQycFXx
9 DKK to XDR added 1 tweet
2019-04-19 02:55:16 UTC
Government agency? Have you ever heard about Special drawing rights (currency code $XDR )? The $SDR was created in… https://t.co/nq5WCTXUaX
9 DKK to XDR added 1 tweet
2019-04-19 03:12:31 UTC
RT @c_ryptoengineer: Government agency? Have you ever heard about Special drawing rights (currency code $XDR )? The $SDR was created in… https://t.co/nq5WCTXUaX
9 DKK to XDR added 1 tweet
2019-04-19 06:08:21 UTC
RT @c_ryptoengineer: Government agency? Have you ever heard about Special drawing rights (currency code $XDR )? The $SDR was created in… https://t.co/nq5WCTXUaX

9 DKK to XDR news media

9 DKK to XDR added 1 medium
2019-04-20T21:52:35+02:00
お札に"偉人"の顔なんか載せないで自慢の建築や美術をのせる方がかっこいいと思う。it's cooler to print architecture or art on bank notes than "important" figures. #danishkrone #デンマーククローネ #お札
9 DKK to XDR added 1 medium
2019-04-05T13:41:53+02:00
Danish Coins Summarized in one Pic, thank me later😜🙏😀😋 #coins #danish #danishkrone #currencycollector #europa #danmark
9 DKK to XDR added 1 medium
2019-03-25T18:34:14+01:00
Just enough money left to buy a pint #denmark #danishkrone
9 DKK to XDR added 1 medium
2019-03-22T15:58:46+01:00
Danish krone #denmark🇩🇰 #danishkrone #coinring #coinrings #jewelry #handmade
9 DKK to XDR added 1 medium
2019-03-20T19:25:51+01:00
#shrinkflation #tiny #crispbag #jacobreesmogg #minicheddars #junkfood #rubbish #danishkrone #sillyart #modernfart #idiotsofinstagram #likeforlikes #forfuckssake #trashtag #thetoryparty #followtheleader

9 DKK to XDR news videos

Photos taken with Canon Rebel T6.
Want to know the currency in Denmark? Visit http://currencyname.com/denmark to learn more about Danish currency and the ...
How to Pronounce Danish krone in English.
China's yuan, or renminbi as it's also known, could soon be the latest currency to join the IMF's elite basket of currencies making ...
UPDATES & LINKS below... Effective October 1, 2016 the RMB is determined to be a freely usable currency and will be included ...
Mates ~ This video would let you know about imminent meeting of IMF ( Dec 2015 ) and also decision by possible inclusion of ...
A a simple, concise explanation on Special Drawing Rights (SDR or XDR Exchange) by Jim Rickards, lawyer and financial ...
Ripple XRP / IMF Coming Together / Special Drawing Rights Ripple's Brad Garlinghouse and IMF's Ross Leckow : The future of ...

9 DKK to XDR news texts

Major currencies down

Uniindia: Mumbai, Mar 6 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral
Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion

Armenia’s gross external reserves at the end of February 2019 amounted to $2.074.27 billion, having increased by $80 million or 4% from the previous month, the Central Bank said | ArmBanks.am

about 2 months conditional neutral
OUTLOOK 2019 Iran

The Islamic Republic’s fate is wrapped up in that of Donald Trump. To throttle Iran’s economy he’ll need to stay able to project his power.

4 months conditional neutral

9 DKK to XDR currency converter

9 DKK to XDR exchange rates

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