AUD/DKK
High: 4.4939
Low: 4.4939
The ratio of the number of bought and sold lots based on the trading volume
The data is updated every 10 minutes
The ratio of the number of buy and sell deals, excluding their volume
The data is updated every 10 minutes
The currency pair is the Australian dollar to the Danish krone.
The Australian dollar, also called the aussie, is a typical commodity currency, as its price is influenced by the prices of minerals exported by Australia. The largest importer of iron ore, coal and other natural resources is China, the state of its economy also has an impact on the volume of exports and, accordingly, the rate of the Australian dollar.
The Kingdom of Denmark is equally well developed in industrial and agricultural production, including engineering and metalworking, as well as meat, dairy farming and fishing. Production and export to neighboring European countries of oil and gas are being carried out. Denmark has a large number of ports and, thanks to the Öresund Bridge, which provides road and rail traffic, is the key transport hub between Scandinavia and Europe.
At the 2000 referendum, the majority (53%) of the population opposed the move to the euro, but Denmark follows the recommendations of the European Monetary Union.
The AUD / DKK pair is built on the principle of direct quotation. The base currency is AUD - Australian dollar, and quoted - DKK, Danish krone. The growth of the currency pair means the strengthening of the Australian dollar against the Danish krone, that is, for the purchase of one AUD, more DKK is required. A decrease in the exchange rate indicates the strengthening of DKK.
Using the current exchange rate chart, you can monitor the volatility of a currency pair in real time.
Australian dollar - (bank code: AUD) - the official currency of the Commonwealth of Australia, also has circulation on the islands of Christmas, Cocos Islands and Norfolk Island. In addition, AUD has circulation in the states: Kiribati, Nauru and Tuvalu. The issue of the Australian dollar, as well as the regulation of the Australian banking and monetary system is carried out by the Reserve Bank of Australia (RBA).
Danish krone - (bank code: DKK) is the official currency of the Kingdom of Denmark, it also has circulation in Greenland and the Faroe Islands. The Danish krona is issued by the National Bank of Denmark (Denmark’s National Bank).
Various cryptocurrency exchanges enable you to purchase AUD/DKK . However, you must create an account, provide identification, and link a payment method such as a bank account or credit card to utilize these exchanges. Alternatively, you can use peer-to-peer marketplaces, which allow you to purchase AUD/DKK directly from other buyers and sellers using different payment methods
Multiple forex trading platforms are widely used. The most prevalent ones are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which have established themselves as the industry norm. Additionally, Ctrader enables you to trade directly with global banks, create trading advisors with ease, and copy trades.
When trading the AUD/DKK, it is essential to keep an eye on the exchange rates, which can be monitored through charts and other analytical tools. As with any currency, the AUD/DKK can be subject to fluctuations in value, making it important for traders to stay informed about the latest market news and trends.