PHP/DKK
Market Open
15 Jun, 09:45
kr
0. 106781
+0.00182
+1.7343%
kr
7,672 Volume
kr 0.10496
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PHPDKK Overview
PHPDKK denotes the exchange rate between the Philippine Peso and the Danish Krone, showing the value of one Philippine Peso quoted in Danish kroner. It tracks how many DKK can be obtained for a unit of PHP and is used to compare purchasing power and conduct transactions between the two currencies.
The Philippine Peso (ISO code PHP) is the official currency of the Republic of the Philippines. Serving as the nation’s legal tender, the peso is issued and regulated by the Bangko Sentral ng Pilipinas, which manages monetary policy, currency issuance, and financial stability within the archipelago.
The Danish Krone (ISO code DKK) is the official money of the Kingdom of Denmark and is also used in Greenland and the Faroe Islands under specific arrangements. Denmark’s central bank, Danmarks Nationalbank (often referred to as Nationalbanken), is responsible for issuing the krone and conducting monetary policy in the Danish realm.
Market forces determine the PHPDKK rate through supply and demand for each currency, influenced by interest rate differentials, inflation trends, central bank actions, trade balances, capital flows and geopolitical developments. Short-term volatility often reflects risk sentiment and liquidity conditions.
For businesses, traders and investors, PHPDKK rates matter for pricing imports and exports, hedging currency exposure, remittance planning and speculative strategies, as changes affect costs, margins and cross-border investment returns.
The Philippine Peso (ISO code PHP) is the official currency of the Republic of the Philippines. Serving as the nation’s legal tender, the peso is issued and regulated by the Bangko Sentral ng Pilipinas, which manages monetary policy, currency issuance, and financial stability within the archipelago.
The Danish Krone (ISO code DKK) is the official money of the Kingdom of Denmark and is also used in Greenland and the Faroe Islands under specific arrangements. Denmark’s central bank, Danmarks Nationalbank (often referred to as Nationalbanken), is responsible for issuing the krone and conducting monetary policy in the Danish realm.
Market forces determine the PHPDKK rate through supply and demand for each currency, influenced by interest rate differentials, inflation trends, central bank actions, trade balances, capital flows and geopolitical developments. Short-term volatility often reflects risk sentiment and liquidity conditions.
For businesses, traders and investors, PHPDKK rates matter for pricing imports and exports, hedging currency exposure, remittance planning and speculative strategies, as changes affect costs, margins and cross-border investment returns.
PHPDKK Chart
PHPDKK FAQ
What is the current PHP/DKK price?
The current rate is kr0.106781, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the PHP/DKK rate changed today?
The rate has changed by +0.00182 (+1.7343%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was kr0.104960, 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 PHP/DKK moving up or down?
Movements in PHP/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 (+1.7343%) is based on the difference between the current rate and the previous closing rate.
Is PHP/DKK trending up or down right now?
If the current rate (kr0.106781) is above the previous close (kr0.104960), 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 PHP/DKK directly on this page.
