CNY/DKK
Market Open
9 Jun, 18:42
kr
0. 955444
-0.002788
-0.2909%
kr
1,306 Volume
kr 0.958232
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CNYDKK Overview
CNYDKK denotes the exchange rate between the Chinese yuan and the Danish krone, showing how many Danish kroner are required to purchase one unit of the Chinese currency. It tracks relative value and is quoted by market participants across spot, forward, and derivative markets.
The Chinese yuan (CNY), also known as the renminbi, is the official currency of the People’s Republic of China. Issued and controlled by the People’s Bank of China, it is a managed currency influenced by domestic monetary policy and official interventions as well as market forces.
The Danish krone (DKK) is the official currency of the Kingdom of Denmark and is administered by Danmarks Nationalbank. The krone is used in Denmark and its territories and is characterized by a historically stable exchange-rate policy closely aligned with European monetary conditions.
Movements in the CNYDKK rate result from supply and demand for both currencies, cross-border trade flows, differences in interest rates and inflation, central bank actions and interventions, and broader geopolitical or risk sentiment shifts. Capital controls, liquidity conditions and relative economic performance also play roles.
Businesses and investors monitor CNYDKK for pricing imports and exports, hedging currency exposure and for speculative opportunities that arise from shifting economic fundamentals between China and Denmark.
The Chinese yuan (CNY), also known as the renminbi, is the official currency of the People’s Republic of China. Issued and controlled by the People’s Bank of China, it is a managed currency influenced by domestic monetary policy and official interventions as well as market forces.
The Danish krone (DKK) is the official currency of the Kingdom of Denmark and is administered by Danmarks Nationalbank. The krone is used in Denmark and its territories and is characterized by a historically stable exchange-rate policy closely aligned with European monetary conditions.
Movements in the CNYDKK rate result from supply and demand for both currencies, cross-border trade flows, differences in interest rates and inflation, central bank actions and interventions, and broader geopolitical or risk sentiment shifts. Capital controls, liquidity conditions and relative economic performance also play roles.
Businesses and investors monitor CNYDKK for pricing imports and exports, hedging currency exposure and for speculative opportunities that arise from shifting economic fundamentals between China and Denmark.
CNYDKK Chart
CNYDKK FAQ
What is the current CNY/DKK price?
The current rate is kr0.955444, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the CNY/DKK rate changed today?
The rate has changed by -0.002788 (-0.2909%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was kr0.958232, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is CNY/DKK moving up or down?
Movements in CNY/DKK are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.2909%) is based on the difference between the current rate and the previous closing rate.
Is CNY/DKK trending up or down right now?
If the current rate (kr0.955444) is below the previous close (kr0.958232), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for CNY/DKK directly on this page.
