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  • As per RBI norms, the GST is applicable as per travellers.
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  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
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    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above without any threshold limit in a financial year under the Liberalised Remittance Scheme of the Reserve Bank of India.The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C (1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
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Danish Krone (DKK) - Currency of Denmark

Buying Rate (INR)
Selling Rate (INR)
Remittance Rate (INR)

Buy, Sell or Transfer Danish Krone (DKK) in India at the best exchange rates

About Danish Krone(DKK)

Introduced on the 1st of January 1875, the Danish Krone is the official currency of Denmark, Greenland and the Faroe Islands. Danish Krone is subdivided into 100 ore. The symbol for the Krone is KR and it is also called the Danish Crown. The Krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism.

Some Facts That You Ought To Know About The Dkk Currency:

    1. The short name for Danish Krone is DKK.
    2. 100 øre are 1 krone
    3. KR is the symbol of the Danish Krone.
    4. The maximum used coins are 50 ØRE, 1 KR, 2 KR, 5 KR, 10 KR, 20 KR.
    5. The most frequently used banknotes are 50 KR, 100 KR, 200 KR, 500 KR, 1000 KR.
    6. Denmark’s National Bank issues the coins and banknotes of the Danish Krona and is the central bank of this region.

Danish Krone - History of Danish Krone

Danish Krone is the official currency of Denmark that was introduced in the year 1875. The history of the Danish Krone goes back centuries when Danish kings kept on changing currencies to bring more stability to the financial system. The reason behind taking multiple switches in the coin was also to reduce the silver content in the coin as it was not financially viable. Years of demonetisation finally resulted in the introduction of the Danish Krone and it brought great financial stability to the market. Danish Krone was the first paperback currency in Denmark and it brought relief from the hassle of transactions that were done earlier using coins.

The Danish Krone was pegged to the global market multiple times starting from the 1880s but because of war conditions and failing economic setups all around the globe, it was not successful. During world war 2, Danish Krone was pegged to German currency for the first time and following this it was also pegged to British Pound. Later on, it was pegged to Euro which has increased its value to a great extent. Since January 1987, the exchange rate of the Danish Krone has remained unchanged and the country continues to follow a fixed exchange rate.

The pegging rate is 7.46 and despite Denmark being a part of the EU and its attempt, it could not become a member of the Eurozone and therefore Krone is its official currency. The present value of the Danish Krone is expected to increase in the future as the country exports more than it imports and is increasingly being used in global trade.

The Danish Krone is issued, managed and controlled by the central bank of Denmark – the Dansmark Nationalbank. Back in the year 2016, the bank outsourced the printing of paper notes. The currency is available in six denominations: a 50 øre coin (half a krone), 1, 2, 5, 10, and 20. Bank notes are available in 50, 100, 200, and 500 kroner. Being a native currency of Denmark, Danish Krone is also accepted in Greenland and Faroe Islands due to their political and diplomatic relations.

The Denmark currency has been a work of the kings in the early 1800s and therefore it has always represented unique design and intricacies. Currently, it features images of bridges and holograms. Danish Krone is presented as the Kr symbol. In addition, Danish coins differ in size which also indicates their value. The thicker and bigger the coin, the higher its value.

Factors Affecting the Exchange Rate of Danish Krone

The exchange rate of the Danish Krone has been fixed against Euro and has remained unaltered since January 1987. Fixing the exchange rate was done with an intention of bringing economic stability to the country. It was a chain of events including high unemployment, high inflation rates, and economic imbalances when the country decided to fix its exchange rate. There are two major factors that drive the fixed exchange rate of the Danish Krone:

1. Interest Rate

The interest rate of the Krone, as decided by the Danmarks Nationalbank, also impacts the exchange rate of the Krone in the international scenario. If the exchange rate goes in a depreciating direction, the interest rate of the Krone is likely to be raised by the bank. However, if the value of the Krone shows an appreciating trend, Krone's interest rate will fall down. This way the management of the interest rate of Krone impacts and maintains the overall exchange rate of the Danish currency.

2. Intervention

Danmarks Nationalbank has the authority to intervene in order to maintain the exchange rate of the Danish Krone. In case Krone is moving in an appreciating direction, Danmarks Nationalbank will probably purchase Euro and sell Krone. On the other hand, if the value of the Krone goes in a depreciating direction, the bank will purchase the Krone and sell Euro. In this way, the Danmarks Nationalbank plays a role of intervention and makes sure the value of Krone remains positive.

Danmarks Nationalbank keeps altering the interest rates and sale/purchase of the Krone against the Euro so that the exchange rate remains stable and favourable for Danish Krone. The demand for the Krone against Euro plays a centric role in the Krone's exchange rate. If you are willing to send money from Denmark to a different country or make international transactions, you can use the exchange rate calculator to calculate the total exchange amount as per the current rate.

Quick Facts About US Dollar (USD)

Currency Name Danish Krone
Short Name DKK
Nicknames NA
Symbol (s) Kr
Unit 1/100, øre
Frequently Used Coins 50 øre, 1 kr, 2 kr, 5 kr, 10 kr, 20 kr
Rarely Used Coins NA
Frequently Used Bank Notes 50 kr, 100 kr, 200 kr, 500 kr, 1000 kr
Rarely Used Bank Notes NA
Central Bank, Name & Website Denmarks National Bank | www.nationalbanken.dk
Nations that use the Danish Krone as a part of their legal tender: Greenland and Faroe Islands

Currency Exchange in Other Cities

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The Danish Krone Currency

The subdivision of the Danish Krone is in 100 øre. However, as a result of the inflation, the smallest denominations that are now in circulation are the 50 øre coins. Danmarks National Bank issues the coins and banknotes of the Danish Krona.
The coins that are currently under circulation are in the denominations of øre 50, and kr, 1, 2, 5, 10, and 20. Similarly, for the bank notes, the denominations that are under circulation are of kr 50, 100, 200, 500, and 1000.

states that use the US danish krone as a part of their legal tender:
Faroe Islands and Greenland.


How to buy forex online?
Discover the best INR to DKK rates and other currency exchange rates by logging on to the Thomas Cook website. For more information on money exchange, turn to Thomas Cook, the best money converter and customized tour package maker in India.

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
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Frequently Asked Questions

Is Euro widely accepted in Denmark or would be advisable to buy Danish Krone?
Euro is not widely accepted, and you will need the Danish Krone at hand while making cash transactions. For more assistance, please get in touch with our team of experts.
If I need to exchange more Krone while I am at the trip, is it possible to contact Thomas Cook to do so?
Thomas Cook offers value add services to its customers, and ensure that they have a smooth and hassle-free travel. While one option is to go for a pre-paid forex card, which can be re-filled while you are the trip, you can always get in touch with our support team who guide you with the necessary proceedings.
How much money can I carry in/out of Denmark?
You may carry up to EUR10,000, or foreign currency equivalent, in and out of Denmark. However, in case the amount you are carrying exceeds the given limit, then you must declare the same.
How much could be an approximate cost to stay in Denmark for about a week?
This is completely dependent on your nature of travel, and your personal preferences that may define the amount you eventually end up spending on your trip. However, if you are looking to set a budget for your trip and not sure how much forex to buy for the same then please do not hesitate to contact our experts who will facilitate with appropriate assistance.
How much is a Danish Krone against an Indian Rupee?
A Danish Krone is stronger as compared to the Indian Rupee. However, to see the exchange rate between the two we suggest you log on to our website to see the live rate card, which highlights exchange rates of different currencies.