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base info Cronos

Cronos to Danish Krone Converter and calculator

Convert 1Cronos (CRO) to Danish Krone (DKK) equals kr 0.9274 | Bitget

DKK information

About the Danish Krone (DKK)

What Is the Danish Krone (DKK)?

The Danish Krone (DKK), symbolized as "kr." and sometimes referred to as the Danish crown, is the official currency of Denmark, Greenland, and the Faroe Islands. Introduced on January 1, 1875, it replaced the rigsdaler and established Denmark on the gold standard. The ISO code for the Danish Krone is "DKK," and it is subdivided into 100 øre.

The Danish Krone (DKK) is issued by Danmarks Nationalbank, which is the central bank of Denmark. Established in 1818, Danmarks Nationalbank is responsible for the production and distribution of Danish currency and plays a key role in maintaining the stability of the krone, especially in relation to its pegging to the euro through the European Exchange Rate Mechanism (ERM II). The bank also oversees monetary policy in Denmark, aiming to ensure a stable financial system and prices.

What Is the History of DKK?

The Danish Krone has a rich history, with the earliest Danish coinage dating back to the 10th century. The modern-day krone was introduced in 1875 as part of the Scandinavian Monetary Union, which lasted until World War I. The krone was initially pegged to gold, but this standard was abandoned in 1931. During the 20th century, the krone underwent several devaluations, particularly in relation to the British pound and the US dollar.

Notes and Coins of DKK

Danish coins are distinctive, with different metal colors and sizes corresponding to their values. The current series of coins includes denominations from the 50 øre coin to the 20 krone coin. Danish banknotes have undergone several series, with the most recent being the 2009 series featuring Danish bridges and landscapes. A new series is scheduled for release in 2028-2029.

Why Is the Danish Krone a Stable Currency?

The Danish Krone's stability is largely attributed to Denmark's strategic approach to economic management. The currency is pegged to the Euro via the European Exchange Rate Mechanism II (ERM II), which ties its value to the Eurozone's economy. This pegging is maintained by Danmarks Nationalbank, the central bank of Denmark, through measured adjustments in interest rates and other monetary tools. The overall stability of the Danish economy, characterized by a high standard of living and a stable political climate, supports the Krone's steadiness. Contributing factors also include Denmark's consistent record of low inflation and the government's responsible fiscal policies, such as effective public debt management and maintaining balanced budgets. These elements, combined with international confidence in Denmark's financial system, help the Krone maintain its stability, even in the face of global economic fluctuations.

Why Does Denmark Not Use the Euro as Its Currency?

Denmark does not use the Euro primarily due to the decision made by its citizens in a referendum. In September 2000, a referendum was held in Denmark to decide whether the country should adopt the Euro as its official currency. The result was that 53.2% of the voters chose to keep the Danish Krone (DKK), while 46.8% voted in favor of adopting the Euro.

This choice was influenced by several factors, including a desire to maintain economic independence, allowing Denmark to tailor its monetary policy to national needs. Additionally, the Krone is seen by many as a symbol of national identity and sovereignty, and there was a general sentiment that adopting the Euro might diminish this aspect of Danish heritage. At the time of the referendum, Denmark's economy was strong and stable, leading many voters to question the necessity of changing the currency amidst the uncertainties surrounding the Euro. Furthermore, there was a degree of skepticism about the European Union and its future direction, with some preferring to keep a level of detachment from deeper EU integration. Despite this, Denmark has kept its currency closely aligned with the Eurozone through the European Exchange Rate Mechanism II (ERM II), ensuring currency stability while maintaining its monetary sovereignty.

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Bitget crypto-to-fiat exchange data shows that the most popular Cronos currency pair is the CRO to DKK, with for Cronos's currency code being CRO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DKK.

CRO to DKK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Cronos has changed +8.09% to DKK. Based on the trend and price charts, Cronos(CRO) has changed +8.09% to DKK while Danish Krone(DKK) has changed % to CRO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr0.8775
0.0001% / 0.0004%vip-iconVIP
Coinbase Exchange
kr0.8756
0.1000% / 0.1000%
Yes
OKX
kr0.8768
0.080% / 0.100%
Yes
Gate.io
kr0.8778
0.1000% / 0.1000%
Yes
KuCoin
kr0.8780
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 22:00:35(UTC+0)

What factors influence the conversion rate of Cronos to Danish Krone?

Cronos to Danish Krone is falling this week.
Cronos's current market price is kr 0.9274 per CRO, with a total market cap of kr 24,642,971,030.36 DKK based on a circulating supply of 26,571,560,000 CRO. The trading volume of Cronos has changed by -32.59% (kr -101,263,105.49 DKK) in the last 24 hours. Last trading day, CRO's trading volume was kr 310,708,801.48.
Market cap
$3.52B
24h volume
$29.88M
Circulating supply
26.57B CRO

Conversion tables

The exchange rate of Cronos is decreasing.
1 CRO is currently valued at kr 0.9274 DKK , which means buying 5 CRO will cost kr 4.64 DKK . Similarly, kr1 DKK can be traded for 1.08 CRO, and kr50 DKK can be converted to 53.91 CRO, excluding any platform or gas fees.
The exchange rate of 1 CRO to Danish Krone has changed by -9.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.09%, reaching a high of 0.9283 DKK and a low of 0.8444 DKK . One month ago, the value of 1 CRO was kr 0.9956 DKK , which represents a -6.85% change from its current value. Over the last year, Cronos has changed by
+kr
0.4282DKK
, resulting in a change of +85.85% in its value.

CRO to DKK

Amount
22:54 today
0.5 CRO
kr0.4637
1 CRO
kr0.9274
5 CRO
kr4.64
10 CRO
kr9.27
50 CRO
kr46.37
100 CRO
kr92.74
500 CRO
kr463.71
1000 CRO
kr927.42

DKK to CRO

Amount22:54 today
0.5DKK0.5391  CRO
1DKK1.08  CRO
5DKK5.39  CRO
10DKK10.78  CRO
50DKK53.91  CRO
100DKK107.83  CRO
500DKK539.13  CRO
1000DKK1,078.26  CRO
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Today vs. 24 hours ago

Amount22:54 today24 hours ago24h change
0.5 CRO$0.06615$0.06120
+8.09%
1 CRO$0.1323$0.1224
+8.09%
5 CRO$0.6615$0.6120
+8.09%
10 CRO$1.32$1.22
+8.09%
50 CRO$6.61$6.12
+8.09%
100 CRO$13.23$12.24
+8.09%
500 CRO$66.15$61.2
+8.09%
1000 CRO$132.3$122.4
+8.09%

Today vs. 1 month ago

Amount22:54 today1 month ago1M change
0.5 CRO$0.06615$0.07101
-6.85%
1 CRO$0.1323$0.1420
-6.85%
5 CRO$0.6615$0.7101
-6.85%
10 CRO$1.32$1.42
-6.85%
50 CRO$6.61$7.1
-6.85%
100 CRO$13.23$14.2
-6.85%
500 CRO$66.15$71.01
-6.85%
1000 CRO$132.3$142.02
-6.85%

Today vs. 1 year ago

Amount22:54 today1 year ago1Y change
0.5 CRO$0.06615$0.03560
+85.85%
1 CRO$0.1323$0.07121
+85.85%
5 CRO$0.6615$0.3560
+85.85%
10 CRO$1.32$0.7121
+85.85%
50 CRO$6.61$3.56
+85.85%
100 CRO$13.23$7.12
+85.85%
500 CRO$66.15$35.6
+85.85%
1000 CRO$132.3$71.21
+85.85%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.