Exotic pair
USD/DKK: volatility, trading hours and correlation
The US dollar against the Danish krone. USD/DKK has averaged 318 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
- 6.65027 16 October 2026
- Avg daily range
- 318 pips 90 days · 0.48% of price
- 1-year change
- +4.08% USD stronger vs DKK
- 52-week range
- 6.17999 – 6.72650 Low to high
USD/DKK over the last 12 months
Daily closes
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. 21:00–23:00 UTC includes the daily rollover, when spreads widen and bid prices dip, so those hours are left out of it.
Want these hours in your own time zone? Open forex market hours. To compare USD/DKK with other pairs, read the most volatile hours in forex.
Average range by weekday
Pips, last 12 months. Wednesday is typically busiest and Tuesday quietest.
Calendar-year performance
% change in USD/DKK each year, latest year to date
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg change | -0.23% | +0.93% | -0.26% | -0.19% | -0.37% | -0.39% | -0.14% | -0.16% | +1.07% | +0.69% | -0.80% | -1.07% |
| Years up | 56% | 89% | 44% | 56% | 33% | 44% | 33% | 56% | 78% | 78% | 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.
Biggest daily moves in the last year
The five widest high-to-low days for USD/DKK.
| Date | Range | Open to close | × normal day |
|---|---|---|---|
| 27 January 2026 | 1222 pips | -1.36% | 3.6× |
| 19 March 2026 | 987 pips | -1.20% | 2.9× |
| 3 March 2026 | 978 pips | +0.64% | 2.9× |
| 23 March 2026 | 869 pips | -0.65% | 2.5× |
| 28 January 2026 | 796 pips | +0.72% | 2.3× |
USD/DKK pip value
Value of a one-pip move (0.0001) at the latest price.
| Account currency | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) |
|---|---|---|---|
 USD | 1.50 USD | 0.15 USD | 0.015 USD |
 EUR | 1.34 EUR | 0.13 EUR | 0.013 EUR |
 GBP | 1.13 GBP | 0.11 GBP | 0.011 GBP |
 DKK | 10.00 DKK | 1.00 DKK | 0.100 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 318 pips a day, a stop loss of 95–191 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 318 pips from high to low each day, about 0.48% of its price. Over the past year the average was 342 pips, and over the last 20 trading days it was 393 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 (259 pips). The quietest hour was 22:00 UTC. Wednesday 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 0.90) 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 $1.50 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 Dukascopy hourly bid prices up to the 16 October 2026 close. Trading days run from 17:00 to 17:00 New York time, the same daily candles most MT4 and MT5 brokers show. 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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