4,000 DKK to NGN - Convert Danish Krone to Nigerian Naira

Convert DKK to NGN using our currency converter with real exchange rate today

1 DKK = 163.228 NGN

1 NGN = 0.006 DKK

(Mid-market exchange rate)

Last updated Apr 18, 2024 05:00 GMT

DKK to NGN conversion chart

Below is the live and historical Danish Krone to Nigerian Naira rate chart so you can see today's rate - and how the rates have changed over time.

1 DKK = 163.228 NGN

4,000 Danish Krone to Nigerian Naira stats | DKK to NGN

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 179.344 228.426 237.03 237.03 228.426
Low 162.128 162.128 123.839 66.074 162.128
Average 169.66 190.915 197.031 127.525 190.655
Volatility 10.62% 40.89% 91.4% 258.73% 40.89%

What is the Danish Krone worth against the Nigerian Naira today?

1 DKK is worth 163.228 NGN today

How much is 4,000 DKK worth in NGN?

At the current exchange rate of 163.228 , a sum of 4,000 Danish Krone is worth 652,912 Nigerian Naira.

Which currency is stronger? DKK or NGN?

The Danish Krone is currently stronger than the Nigerian Naira given that 1 DKK is equal to 163.228 NGN. Conversely, 1 NGN is worth 0.006 DKK.

Overview of DKK to NGN Performance and Trends

Today, to buy 4,000 Danish Krone, you need 652,912 Nigerian Naira. On the same date last year, you needed 272,760 Nigerian Naira for 4,000 Danish Krone. This change indicates that the Danish Krone has become stronger against the Nigerian Naira by 138.39% over the past year.

The pair experienced high volatility of 258.73%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

DKK to NGN Currency Performance and Volatility

Last 7 Days

  • Performance: kr.4,000 varied between ₦162.128 (weekly low) and ₦179.344 (weekly high), a variance of ₦17.216 .
  • Volatility: Fluctuated by 10.62%.

Last 30 Days

  • Performance: kr.4,000 varied between ₦162.128 (30-day low) to ₦228.426 (30-day high), a variance of ₦66.298 .
  • Volatility: Fluctuated by 40.89%.

Last 90 Days

  • Performance: kr.4,000 varied between ₦123.839 (90-day low) to ₦237.03 (90-day high), a variance of ₦113.191 .
  • Volatility: Fluctuated by 91.4%.

Last Year

  • Performance: kr.4,000 ranged from ₦66.074 (yearly low) to ₦237.03 (yearly high), a variance of ₦170.956 .
  • Volatility: Fluctuated by 258.73%.

DKK to NGN Forecast and trending

Is the Danish Krone going up or down against the Nigerian Naira?

Today's DKK to NGN exchange rate (163.117) is higher compared to yesterday's rate (162.128).

Currency information

DKK - Danish Krone

The currency code for Danish Krone is DKK.

The DKK currency symbol is kr..

Minor unit: 1/100 = Øre

DKK rank by most traded currencies: 20

Avg proportion of daily world trade volume: 0.35%

DKK rank by strongest currencies (buying power): 44

The Danish Krone is the currency of 3 countries:
Denmark, Faroe Islands, Greenland

NGN - Nigerian Naira

The currency code for Nigerian Naira is NGN.

The NGN currency symbol is ₦.

Minor unit: 1/100 = Kobo

NGN rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

NGN rank by strongest currencies (buying power): 121

The Nigerian Naira is the currency of 1 countries:
Nigeria

More Nigerian Naira (NGN) information >

Understanding DKK to NGN Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Danish Krone to Nigerian Naira, to send a payment, for a trip overseas, when shopping online or to hold a balance in Nigerian Naira.

How to convert DKK to NGN?

You can convert Danish Krone to Nigerian Naira either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Nigerian Naira in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Danish Krone cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Nigerian Naira in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Danish Krone you want to send, or the amount in Nigerian Naira you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Nigerian Naira

How to get the best DKK to NGN exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best DKK to NGN exchange rate for your specific transaction.

Get to know the DKK/NGN mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the DKK/NGN mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Danish Krone and Nigerian Naira. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Danish Krone with Nigerian Naira?

You'll be able to exchange Nigerian Naira to Danish Krone in the same way as you'd exchange Danish Krone to Nigerian Naira. If you have Nigerian Naira in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Nigerian Naira. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Danish Krone in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange DKK to NGN?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Danish Krone to Nigerian Naira (DKK to NGN)

How much is the Danish Krone to Nigerian Naira?

The Danish Krone to Nigerian Naira exchange rate today is 163.228 . Use this guide to learn more about exchanging DKK to NGN in the easiest and best value way for your specific needs.

How much is 4,000 Danish Krone to the Nigerian Naira?

The DKK to NGN rate today is 163.228 . That means that 4,000 Danish Krone would be worth 652,912 Nigerian Naira.

How to exchange Danish Krone to Nigerian Naira?

Exchange DKK to NGN in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including DKK to NGN.

How to send money to Nigeria?

If you want to send money from Denmark - or anywhere else in the world - to Nigeria, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Nigeria - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Nigerian Naira and Danish Krone on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Danish Krone to Nigerian Naira exchange rate with our handy tools, to help you compare your options.

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