Convert United States Dollar to Danish Krone
Please provide values below to convert United States Dollar [USD] to Danish Krone [DKK], or Convert Danish Krone to United States Dollar.
How to Convert United States Dollar to Danish Krone
1 USD = 0.157262376549034 DKK
Example: convert 15 USD to DKK:
15 USD = 15 × 0.157262376549034 DKK = 2.35893564823552 DKK
United States Dollar to Danish Krone Conversion Table
United States Dollar | Danish Krone |
---|
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.