Exotic pair

USD/DKK: volatility, trading hours and correlation

🇺🇸 US dollar against the 🇩🇰 Danish krone. USD/DKK has averaged 270 pips a day over the last 90 days, with recent volatility close to its one-year norm. It tends to move most between 13:00 and 16:00 UTC.

Last close
6.63832
6 October 2026
Avg daily range
270 pips
90 days · 0.41% of price
1-year change
+4.14%
USD stronger vs DKK
52-week range
6.21047 – 6.67130
Low to high

USD/DKK over the last 12 months

Daily closes

12 months ago · 6.37456Low 6.23397 · High 6.66269Latest · 6.63832

When USD/DKK moves most

Average high-to-low range for each hour of the day over the last year, in pips (UTC). The busiest three-hour window is highlighted.

0003060912151821
London session · 07:00–16:00 UTC
265 pips
Largest average range
New York session · 12:00–21:00 UTC
257 pips
97% of the London range
Asian session · 00:00–07:00 UTC
145 pips
55% of the London range

Want these hours in your own time zone? Open forex market hours.

Average range by weekday

Pips, last 12 months. Thursday is typically busiest and Friday quietest.

293
290
299
305
287
MonTueWedThuFri

Calendar-year performance

% change in USD/DKK each year, latest year to date

-11.3%
+4.7%
+2.2%
-9.3%
+8.6%
+6.2%
-3.5%
+6.4%
-11.3%
+4.4%
'17'18'19'20'21'22'23'24'252026*

USD/DKK seasonality

Average % change by calendar month across the last 9 years. September has been the strongest month on average and December the weakest. Seasonality is a tendency, not a forecast.

JanFebMarAprMayJunJulAugSepOctNovDec
JanFebMarAprMayJunJulAugSepOctNovDec
Avg change-0.04%+0.62%-0.19%-0.13%-0.30%-0.27%-0.37%-0.23%+1.19%+0.39%-0.48%-1.06%
Years up56%67%44%56%33%44%33%44%78%56%33%11%

USD/DKK correlation

Correlation of daily returns with other pairs. +1 means they move together, −1 means they move in opposite directions. How to use correlation.

Moves most with90 days1 year
USD/PLN+0.91+0.91
USD/SGD+0.82+0.85
USD/SEK+0.84+0.85
USD/CHF+0.75+0.83
USD/ZAR+0.65+0.67
Moves most against90 days1 year
EUR/USD-1.00-1.00
GBP/USD-0.83-0.84
NZD/USD-0.78-0.75
AUD/USD-0.64-0.69
EUR/CAD-0.45-0.65

Biggest daily moves in the last year

The five widest high-to-low days for USD/DKK.

DateRangeOpen to close× normal day
3 March 2026973 pips-0.01%3.3×
23 March 2026864 pips+0.01%2.9×
27 January 2026741 pips-0.02%2.5×
30 September 2026690 pips-0.01%2.3×
2 March 2026672 pips+0.01%2.3×

USD/DKK pip value

Value of a one-pip move (0.0001) at the latest price.

Full pip value table
Account currencyStandard lot (1.00)Mini lot (0.10)Micro lot (0.01)
🇺🇸 USD1.51 USD0.15 USD0.015 USD
🇪🇺 EUR1.34 EUR0.13 EUR0.013 EUR
🇬🇧 GBP1.13 GBP0.11 GBP0.011 GBP
🇩🇰 DKK10.00 DKK1.00 DKK0.100 DKK

About USD/DKK

USD/DKK shows how many Danish krones (DKK) it takes to buy one US dollar (USD). When the price rises, the US dollar is strengthening against the Danish krone.

USD is issued by the Federal Reserve. It tends to respond to Federal Reserve rate expectations, US jobs and inflation data, and global risk appetite, since the dollar is the world’s main reserve and funding currency.

DKK is issued by the Danmarks Nationalbank. It tends to respond to Danmarks Nationalbank’s peg to the euro under ERM II, so USD/DKK largely mirrors EUR/USD in reverse.

With an average range of about 270 pips a day, a stop loss of 81–162 pips is roughly a third to two-thirds of a normal day for USD/DKK. Always size your position from the stop distance with the lot size calculator.

USD/DKK FAQ

What is the average daily range of USD/DKK?

Over the last 90 days USD/DKK moved an average of 270 pips from high to low each day, about 0.41% of its price. Over the past year the average was 296 pips, and over the last 20 trading days it was 282 pips.

What is the best time to trade USD/DKK?

In the past year USD/DKK was most active between 13:00 and 16:00 UTC, and the London session produced the largest average range (265 pips). The quietest hour was 22:00 UTC. Thursday was its busiest weekday on average.

What is USD/DKK most correlated with?

Based on daily returns over the last year, USD/DKK moved most closely with USD/PLN (correlation 0.91) and most inversely with EUR/USD (-1.00).

How much is one pip worth on USD/DKK?

One pip on USD/DKK is 0.0001 of the price. For one standard lot (100,000 USD) that is 10 DKK, or about $1.51 at the latest price. A mini lot is a tenth of that and a micro lot a hundredth.

Statistics are calculated by ForexSignals.io from daily and hourly price history up to 6 October 2026. Hourly figures cover the last 12 months, seasonality the last 9 full years. Data may contain errors and is not a trading recommendation.

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