Convert 16 Danish Krone (DKK) to Swiss Franc (CHF)
Exchange rates used for currency conversion updated on December 22nd 2024 ( 12/22/2024 )
Below you will find the latest exchange rates for exchanging Danish Krone (DKK) to Swiss Franc (CHF) , a table containing most common conversions and a chart with the pair's evolution.
The Danish Krone (DKK) to Swiss Franc (CHF) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Danish Krone and Swiss Franc on 12/22/2024 is 1 DKK = 0.125 CHF - AVERAGE intraday quotes were used for this currency conversion.
DKK is the code for the official currency of Denmark and Greenland which is known as the krone and symbolized with "kr". The Faroe Islands also use a version of the krone, but the islands have there own specially printed banknotes that trade at 1:1 par with the Danish krone. The Faroe Islands krone is under complete monetary control of the Danmarks Nationalbank. The krone itself is pegged in value to the euro. Each krone is subdivided into 100 øre.
The Danmarks Nationalbank issues the currency in denominated coins valued at 50 øre, 1kr, 2kr, 5kr, 10kr, and 20 kr with notes printed in 50kr, 100kr, 200kr, 500kr, and 1000 kr denominations. The Faroese króna is issued in 25 oyrur , 50 oyrur, 1kr, 2kr, 5kr, 10kr, and 20kr with notes in denominations of 50kr, 100kr, 200kr, 500kr, and1000kr.
About Swiss Franc (CHF)
CHF represents the Swiss franc in international currency markets where it is the sixth most traded currency and it remains the fifth largest world reserve currency. The CHF is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the CHF experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.
