Exchange Rates

Danmarks Nationalbank's exchange rates are based on information from a number of central banks exchanged at a daily concertation procedure arranged by the European Central Bank (ECB), which normally takes place at 2.15 p.m. The exchange rate is the price in kroner for 100 units of the foreign currency.

On 1 January 2011 Estonia will adopt the euro. Thus, Danmarks Nationalbank will stop publishing the DKK reference exchange rate for the Estonian kroon (EEK) from 3 January 2011. From the same date the DKK reference exchange rate for Israeli shekel (ILS) will be added to Danmarks Nationalbank's list of exchange rates. On this list ILS will be placed between Indian rupee (INR) and SDR.

Exchange rates fixed by the Nationalbank
Date	ISO kode	05/23/2012	05/22/2012	05/21/2012	05/16/2012	05/15/2012
Currency	Exchange rate
Euro	EUR	743,16	743,17	743,20	743,31	743,35
US dollars	USD	587,06	582,06	582,90	583,54	578,80
Pounds sterling	GBP	923,87	918,97	920,37	930,01	929,07
Swedish kronor	SEK	82,02	81,77	81,50	81,71	82,20
Norwegian kroner	NOK	98,13	98,15	97,45	97,53	97,57
Icelandic kronur *	ISK	-	-	-	-	-
Swiss francs	CHF	618,73	618,74	618,77	618,86	618,94
Canadian dollars	CAD	574,31	572,68	569,63	579,26	578,26
Japanese yen	JPY	7,3880	7,2867	7,3540	7,2497	7,2416
Australian dollars	AUD	572,67	575,65	573,06	580,12	579,11
New Zealand dollars	NZD	440,50	443,31	441,30	447,75	448,53
Latvian lats	LVL	1.064,85	1.065,17	1.065,06	1.065,52	1.066,35
Lithuaian litas	LTL	215,23	215,24	215,25	215,28	215,29
Polish zlotys	PLN	170,18	171,65	171,52	170,88	171,97
Czech koruny	CZK	29,15	29,38	29,46	29,20	29,13
Hungarian forints	HUF	2,461	2,502	2,498	2,526	2,544
Hong Kong dollars	HKD	75,59	74,95	75,08	75,11	74,53
Singapore dollars	SGD	459,62	458,38	458,12	460,65	460,91
South African rand	ZAR	69,86	70,58	70,09	70,22	70,67
Bulgarian lev	BGN	379,98	379,98	380,00	380,05	380,07
Romanian leu	RON	166,63	166,84	167,24	167,41	167,33
Turkish lira	TRY	317,47	318,77	318,00	320,67	320,27
South Korean won	KRW	0,5001	0,4998	0,4987	0,4995	0,5019
Croatian kuna	HRK	98,16	98,34	98,29	98,53	98,65
Russian rouble	RUB	18,63	18,71	18,64	18,89	19,04
Thai baht	THB	18,63	18,55	18,60	18,56	18,47
Malaysian ringgit	MYR	186,63	186,05	186,02	187,28	188,04
Philippine peso	PHP	13,51	13,49	13,49	13,57	13,57
Indonesian rupiah	IDR	0,0630	0,0628	0,0627	0,0631	0,0625
Chinese yuan renminbi	CNY	92,74	92,16	92,20	92,31	91,60
Brazilian real	BRL	281,00	285,15	287,59	293,16	291,06
Mexican peso	MXN	42,02	42,55	42,25	42,27	42,32
Indian rupee	INR	10,48	10,52	10,60	10,71	10,77
Israeli shekel	ILS	152,29	152,40	152,18	152,41	151,28
SDR (Calculated **)	XDR	893,76	888,70	890,23	890,51	887,20

*The rate on Icelandic krona set by ECB has been unchanged from 9 October to 5 November 2008. The fixing of Icelandic krona is suspended taking effect as from December 10 2008. Latest Icelandic krona (ISK) rate 9. december 2008: 2,569.

**SDRs (Special Drawing Rights) are calculated on the basis of a basket of currencies (USD, EUR, GBP and JPY). This basket is published by the IMF (International Monetary Fund). The calculation was last changed on 1 January 2011.

The effective krone rate index (1980=100)
The effective krone rate is calculated as a weighted average of the bilateral exchange rates vis-à-vis Denmark's major trading partners. The weights are calculated on the basis of trade in industrial goods in 2008. An increase in the index reflects a strengthening of the krone.

Date	Effective krone rate index (1980=100)
23-05-2012	101,09
22-05-2012	101,29
21-05-2012	101,30
16-05-2012	101,21
15-05-2012	101,28