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EURDKK

Market is open. Closes in 91h 22m

Euro vs Danish Krone
Details
Contract size
100000
Min volume, lot
0.01
Max volume, lot
100
Step volume, lot
0.01
Stops level
0
Avg spread, pips
16.7
Commission, per lot/side USD
0
Margin
0.5%
Long swap, points
-57.36
Short swap, points
-75.84
3 days swap
Wednesday
Profit currency
EUR
Trading time (MT server time)
Market is open. Closes in 91h 22m
Sunday -
Monday 00:02 - 24:00
Tuesday 00:00 - 24:00
Wednesday 00:00 - 24:00
Thursday 00:00 - 24:00
Friday 00:00 - 23:58
Saturday -
Description

The EURDKK currency pair represents the exchange rate between the euro (EUR) and the Danish krone (DKK). Denmark maintains a fixed exchange rate policy, pegging the krone closely to the euro under the European Exchange Rate Mechanism II (ERM II).

Factors influencing EURDKK:

  • Currency peg: Managed by the Danish National Bank, ensuring stability within a narrow band.
  • Monetary policy: The ECB and Danish National Bank coordination impacts the peg.
  • Economic indicators: Inflation, GDP, and trade balances from the Eurozone and Denmark.