Exchange Rate in Denmark

Denmark Exchange Rate vs EUR (aop) | Economic News & Forecasts

Denmark - Exchange Rate (average of period)

The economy appeared to ease in Q1 following a strong Q4 last year. In the first quarter, business confidence remained in the doldrums, which, coupled with softer credit growth in January and February, could have kept fixed investment depressed. Moreover, in January and February retail sales were muted, amid higher inflationary pressures and lower consumer confidence, which suggests modest private consumption despite a tight labor market. The manufacturing PMI also ebbed in Q1. In politics, the latest polls suggest the Social Democrats—headed by Mette Frederiksen—hold a commanding lead ahead of general elections which must be held by 17 June, and the center-left bloc is on course for a parliamentary majority. A center-left victory is unlikely to significantly change the current prudent fiscal stance and will likely have a minimal impact on growth prospects this year.

Denmark - Exchange Rate vs EUR (aop) Data

2013  2014  2015  2016  2017  
Exchange Rate (vs EUR, aop)7.46  7.45  7.46  7.45  7.44  

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Denmark Exchange Rate vs EUR (aop) Chart

Denmark Exchange Rate
Note: Danish Krone (DKK) per euro
Source: Thomson Reuters.

Denmark Facts

Bond Yield0.04-1.54 %May 13
Exchange Rate6.65-0.57 %May 13
Stock Market974-0.39 %May 13

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