CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – GBP. The counter currency – DKK. The GBP to DKK chart represents the relationship between the British pound and the Danish krone. Representing the largest global financial centre, the British pound is appreciated as one of the premier reserve currencies. The economy of Denmark significantly depends on foreign trade, which makes it sensitive towards current trends in external demands from the country’s top trading partners – mostly EU member states. Despite Denmark voting against joining the Eurozone during the referendum of 2000, the Danish krone is still pegged to euro by the European Union’s ERM II (exchange rate mechanism). To browse the latest Forex GBP to DKK rates, follow Capital.com.
Spot or forward? These two forex markets behave differently, and now you can trade both with us as forex CFDs. Here’s how they work, and what sets them apart.