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General TradingD
Denmark Krone (DKK)
The Danish Krone is the official currency of Denmark, abbreviated as DKK in forex markets. It is pegged to the euro within a narrow fluctuation band of +/- 2.25% through the European Exchange Rate Mechanism (ERM II).
Example
“The EUR/DKK pair trades in a very narrow range because the Danish Krone is pegged to the euro through ERM II, making large moves extremely rare.”