Eur dkk peg
Denmark has not introduced the euro, following a rejection by referendum in 2000, but the Danish krone is pegged closely to the euro in ERM II, the EU's exchange rate mechanism. Sep 12, 2012 · Did you know the Danish krone was pegged to the euro? It is, at an exchange rate of 1 euro to 7.46038 kroner. That means the euro is always worth that amount of kroner, inside a leeway of 2.5%. If you want to exchange euros for kroner, there’s therefore little point in waiting for the exchange rate to improve, because it’s not going to happen. The Danish krone has been pegged to the euro since 1999 and the central bank is committed to keeping it within 2.25% per cent of 7.46 krone to the euro, which has lately been more tightly enforced within 0.5%. Yesterday caused a stir of speculation across currency markets after Denmark’s central bank cut deposit rates from -0.05% to -0.2%.