Exchange Rate in Denmark
In April, inflation cooled to a 14-month low of 5.3% (March: 6.7%) as price growth for housing and utilities slowed. Similarly, core inflation softened to 6.1%. Higher interest rates and slowing activity will keep a lid on price pressures, which should continue to ease by end-2023. That said, inflation this year will average more than double the ECB’s 2.0% target.
Denmark Exchange Rate Chart
Denmark Exchange Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (DKK per EUR, eop) | 7.45 | 7.46 | 7.47 | 7.44 | 7.44 |