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Stellar to Danish Krone Converter and calculator

Convert 1Stellar (XLM) to Danish Krone (DKK) equals kr 0.8060 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Stellar(XLM) to Danish Krone(DKK). This is the real-time data. The current conversion shows 1 XLM at a value of 1 XLM for 0.81 DKK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Stellar currency pair is the XLM to DKK, with for Stellar's currency code being XLM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DKK.

XLM to DKK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Stellar has changed +1.37% to DKK. Based on the trend and price charts, Stellar(XLM) has changed +1.37% to DKK while Danish Krone(DKK) has changed % to XLM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr0.8029
0.0001% / 0.0004%vip-iconVIP
Binance
kr0.8024
0.1000% / 0.1000%
Yes
Coinbase Exchange
kr0.8031
0.1000% / 0.1000%
Yes
OKX
kr0.8028
0.080% / 0.100%
Yes
Huobi
kr0.8029
0.1000% / 0.1000%
Yes
Gate.io
kr0.8028
0.1000% / 0.1000%
Yes
Bybit
kr0.8030
0.1000% / 0.1000%
Yes
KuCoin
kr0.8038
0.1000% / 0.1000%
Yes
Bitfinex
kr0.8032
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 11:00:36(UTC+0)

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

Stellar to Danish Krone is rising this week.
Stellar's current market price is kr 0.8060 per XLM, with a total market cap of kr 23,300,793,727.3 DKK based on a circulating supply of 28,910,606,000 XLM. The trading volume of Stellar has changed by -17.12% (kr -86,759,446.52 DKK) in the last 24 hours. Last trading day, XLM's trading volume was kr 506,902,746.71.
Market cap
$3.33B
24h volume
$60.01M
Circulating supply
28.91B XLM

Conversion tables

The exchange rate of Stellar is decreasing.
1 XLM is currently valued at kr 0.8060 DKK , which means buying 5 XLM will cost kr 4.03 DKK . Similarly, kr1 DKK can be traded for 1.24 XLM, and kr50 DKK can be converted to 62.04 XLM, excluding any platform or gas fees.
The exchange rate of 1 XLM to Danish Krone has changed by +6.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.37%, reaching a high of 0.8183 DKK and a low of 0.7932 DKK . One month ago, the value of 1 XLM was kr 0.9121 DKK , which represents a -11.64% change from its current value. Over the last year, Stellar has changed by
+kr
0.1525DKK
, resulting in a change of +23.34% in its value.

XLM to DKK

Amount
11:16 am today
0.5 XLM
kr0.4030
1 XLM
kr0.8060
5 XLM
kr4.03
10 XLM
kr8.06
50 XLM
kr40.3
100 XLM
kr80.6
500 XLM
kr402.98
1000 XLM
kr805.96

DKK to XLM

Amount11:16 am today
0.5DKK0.6204  XLM
1DKK1.24  XLM
5DKK6.2  XLM
10DKK12.41  XLM
50DKK62.04  XLM
100DKK124.08  XLM
500DKK620.38  XLM
1000DKK1,240.76  XLM
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Today vs. 24 hours ago

Amount11:16 am today24 hours ago24h change
0.5 XLM$0.05755$0.05677
+1.37%
1 XLM$0.1151$0.1135
+1.37%
5 XLM$0.5755$0.5677
+1.37%
10 XLM$1.15$1.14
+1.37%
50 XLM$5.76$5.68
+1.37%
100 XLM$11.51$11.35
+1.37%
500 XLM$57.55$56.77
+1.37%
1000 XLM$115.11$113.55
+1.37%

Today vs. 1 month ago

Amount11:16 am today1 month ago1M change
0.5 XLM$0.05755$0.06513
-11.64%
1 XLM$0.1151$0.1303
-11.64%
5 XLM$0.5755$0.6513
-11.64%
10 XLM$1.15$1.3
-11.64%
50 XLM$5.76$6.51
-11.64%
100 XLM$11.51$13.03
-11.64%
500 XLM$57.55$65.13
-11.64%
1000 XLM$115.11$130.27
-11.64%

Today vs. 1 year ago

Amount11:16 am today1 year ago1Y change
0.5 XLM$0.05755$0.04666
+23.34%
1 XLM$0.1151$0.09332
+23.34%
5 XLM$0.5755$0.4666
+23.34%
10 XLM$1.15$0.9332
+23.34%
50 XLM$5.76$4.67
+23.34%
100 XLM$11.51$9.33
+23.34%
500 XLM$57.55$46.66
+23.34%
1000 XLM$115.11$93.32
+23.34%

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.