How to send money to Norway from Denmark with the best DKK-NOK rate

The exchange rate determines how many DKK the recipient will get in Norway when you send Danish Krone.

Today, the average exchange rate between Danish Krone and Norwegian Krone is 1.491. The company offering the best exchange rate is Wise.

The DKK-NOK rate fluctuates constantly, so timing your transfer to Norway can help you save a lot of money.

The total cost of sending money to Norway from Denmark is a mix of the mid-market, exchange rates and transfer fees.

• The Mid-Market and Exchange Rates: The mid-market for DKK-NOK is 1.491 NOK per Danish Krone.

• Fees: When sending money there may be additional fees. Key Currency offers the lowest fee of the 11 providers tested, costing 0 DKK per transfer (based on kr50,000 transferred).

• Amount Received: When comparing providers, the best measure is the amount of Norwegian Krone eventually received in Norway.

Sometimes, waiting a day or two can help you get more NOK for the same amount of DKK. You can also opt for a forward contract to lock in rates between Denmark and Norway.

A bank transfer is the most cost effective option for sending money from Denmark to Norway.

Here are all the ways to send money from Denmark to Norway:

Bank transfers

The default option for sending money from Denmark to Norway is often a bank transfer.

Using a money transfer company, such as Key Currency for transfers from Denmark to Norway, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Sending money from Denmark to Norway with a prepaid or debit card is easy with Wise.


Wise is a leader in accepting card payments for transfers between Denmark and Norway.

Credit cards

When it comes to international credit card transfers from Denmark to Norway, we recommend comparing your options to get the best deal.

Always choose providers that are regulated by financial authorities to ensure funds are safe when transferring from Denmark to Norway.

If you don’t know what the key regulatory bodies for money transfers are between Denmark and Norway, please refer to our directory of financial regulators worldwide.

Some services have limits on how much you can transfer from Denmark to Norway. This applies when receiving money in Norway as well.

Different companies will offer different rates or lower fees for different transfer amounts.

For example, we recommend using Wise if you need to send large amounts of DKK to Norway.

This being said, always check with the recipient and understand any declarations needed on large amounts of money leaving Denmark, or entering Norway.

There are different ways to receive money in Norway. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account.

If you (or the recipient) want a direct transfer to your bank account, Wise is the best money transfer company for bank transfers between Denmark and Norway.

And if you need cash right away, check if cash pickup is an option for transfers between Denmark and Norway.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When you're sending or receiving money between Denmark and Norway, you have to be ready to show some ID.

The exact documents you need might vary. Usually in Denmark this will be a government ID like a passport or driver's license. This will be similar if you need to open an account or collect cash in Norway.

If you're making a big transaction between Denmark and Norway, a provider may ask you for proof of address or may want to know where your money comes from.

Wise is a great option for sending from Denmark as the sign up process is pretty straightforward, even for larger transactions.

When sending large amounts of money between Denmark to Norway there will be tax implications to consider.

Some DKK-NOK transfers may need to be reported to tax authorities, particularly where inheritance or property sales are involved.

Tax limits and personal allowances differ in Norway based on age, income and a few other elements. When in doubt, please contact a tax professional in Denmark or Norway to discuss your personal circumstances.