The rates are intended for information purposes only. The exchange rates on Danmarks Nationalbank's website are indicative rates that are not intended to be used in any market transaction. New York (CNN Business) For the first time in 20 years, the exchange rate between the euro ( EUU) and the US dollar is nearly the same - the two currencies are less than one cent away from parity. The following exchange rates are certified by the Federal Reserve Bank of New York for customs purposes as required by section 522 of the amended Tariff Act of 1930. Data are available up through Friday of the previous business week. Read more about the euro foreign exchange reference rate on ECB's website.īased on the determined reference rate between euro and Danish kroner, Danmarks Nationalbank calculates a price in Danish kroner for the remaining 31 currencies.ĮCB publishes the reference rates determined at the concertation at 16:00 and shortly after Danmarks Nationalbank publishes the prices in Danish kroner. Bilateral exchange rate data are updated every Monday at 4:15 p.m. ECB then determines the most accurate reference rate and during the concertation these rates with any adjustments are finally agreed among ECB and the participating central banks.

The reference rates are based on actual exchange rates in the interbank market and are set at the mid-price of the sell and buy side at the time of the concertation.Īt the time when the concertation begins and the reference rates are to be determined, ECB will obtain the price for euro in a number of currencies, including Danish kroner, from the interbank market via correspondent banks and electronic trading platforms. The European Central Bank (ECB) conducts a daily concertation procedure at 14:15, at which time 32 exchange rates are agreed among a number of central banks. This is a change of 0.17 from the previous market day and 16.49 from one year ago. The exchange rates published on Danmarks Nationalbank's website are the prices in Danish kroner for 100 units of the foreign currency. US Dollar to Euro Exchange Rate is at a current level of 0.9840, up from 0.9823 the previous market day and up from 0.8447 one year ago.

Euro dollar exchange rates history