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INIT to DKK Converter and calculator

INIT/DKK: 1 INIT = 4.72 DKK. The price of converting 1 Initia (INIT) to Danish Krone (DKK) is 4.72 DKK today.
INIT
INIT
DKK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INIT to DKK real-time exchange rates, making it easy to convert Initia (INIT) to Danish Krone (DKK). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 4.72 DKK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INIT is currently valued at 4.72 DKK, which means buying 5 INIT would cost 23.62 DKK. Similarly, kr1 DKK can be converted to 0.2117 INIT, and kr50 DKK can be converted to 1.06 INIT, excluding any platform or gas fees.

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Convert INIT to DKK

Convert DKK to INIT

Initia
Danish Krone
500 INIT
2,361.89  DKK
1000 INIT
4,723.79  DKK
5000 INIT
23,618.94  DKK
10000 INIT
47,237.89  DKK
In the table above, you'll find a comprehensive INIT to DKK converter that shows the value of Initia in Danish Krone across commonly used conversion amounts. The list covers conversions from 1 INIT to DKK, all the way up to 10000 INIT, providing a clear view of their respective values.
Danish Krone
Initia
10000 DKK
2,116.94 INIT
50000 DKK
10,584.72 INIT
100000 DKK
21,169.45 INIT
In the table above, you'll find a comprehensive DKK to INIT converter that shows the value of Danish Krone in Initia across commonly used conversion amounts. The list covers conversions from 1 DKK to INIT, all the way up to 100000 DKK, providing a clear view of their respective values.

INIT to DKK chart

INIT/DKK: 1 INIT = 4.72 DKK; 2025/04/27 20:13:11
In the past 1D, Initia has changed -20.92% to DKK. Based on the trend and price charts, Initia(INIT) has changed -20.92% to DKK while Danish Krone(DKK) has changed % to INIT in the last 24 hours.
1D7D1M3M1YAll

INIT to DKK conversion data: Volatility and price changes of Initia in DKK

The highest Initia price in DKK over the past 7 days was 6.3 DKK while the lowest Initia price in DKK over the past 7 days was 3.9 DKK. The relative change between the highs and lows in Initia price in DKK over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT to DKK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
6.16 DKK
6.3 DKK
6.3 DKK
6.3 DKK
Low
4.45 DKK
3.9 DKK
3.9 DKK
3.9 DKK
Average
0 DKK
0 DKK
0 DKK
0 DKK
Volatility
%
%
%
%
Change
-20.92%
+16.60%
+21.45%
+18.04%

Initia information

INIT to DKK market statistics

INIT/DKK:
kr4.72
INIT 24h volume:
kr1,768,825,282.46
INIT market cap:
kr702,663,597.85
INIT circulating supply:
148.75M INIT

Current INIT to DKK exchange rate

Initia to Danish Krone is rising this week.
Initia's current market price is kr4.72 per INIT, with a total market cap of kr702,663,597.85 DKK based on a circulating supply of 148,750,000 INIT. The trading volume of Initia has changed by -3.93% (kr-72,383,438.44 DKK) in the last 24 hours. Last trading day, INIT's trading volume was kr1,841,208,720.91.

More info about Initia on Bitget

Danish Krone information

About the Danish Krone (DKK)

What Is the Danish Krone (DKK)?

The Danish Krone (DKK), symbolized as "kr." and sometimes referred to as the Danish crown, is the official currency of Denmark, Greenland, and the Faroe Islands. Introduced on January 1, 1875, it replaced the rigsdaler and established Denmark on the gold standard. The ISO code for the Danish Krone is "DKK," and it is subdivided into 100 øre.

The Danish Krone (DKK) is issued by Danmarks Nationalbank, which is the central bank of Denmark. Established in 1818, Danmarks Nationalbank is responsible for the production and distribution of Danish currency and plays a key role in maintaining the stability of the krone, especially in relation to its pegging to the euro through the European Exchange Rate Mechanism (ERM II). The bank also oversees monetary policy in Denmark, aiming to ensure a stable financial system and prices.

What Is the History of DKK?

The Danish Krone has a rich history, with the earliest Danish coinage dating back to the 10th century. The modern-day krone was introduced in 1875 as part of the Scandinavian Monetary Union, which lasted until World War I. The krone was initially pegged to gold, but this standard was abandoned in 1931. During the 20th century, the krone underwent several devaluations, particularly in relation to the British pound and the US dollar.

Notes and Coins of DKK

Danish coins are distinctive, with different metal colors and sizes corresponding to their values. The current series of coins includes denominations from the 50 øre coin to the 20 krone coin. Danish banknotes have undergone several series, with the most recent being the 2009 series featuring Danish bridges and landscapes. A new series is scheduled for release in 2028-2029.

Why Is the Danish Krone a Stable Currency?

The Danish Krone's stability is largely attributed to Denmark's strategic approach to economic management. The currency is pegged to the Euro via the European Exchange Rate Mechanism II (ERM II), which ties its value to the Eurozone's economy. This pegging is maintained by Danmarks Nationalbank, the central bank of Denmark, through measured adjustments in interest rates and other monetary tools. The overall stability of the Danish economy, characterized by a high standard of living and a stable political climate, supports the Krone's steadiness. Contributing factors also include Denmark's consistent record of low inflation and the government's responsible fiscal policies, such as effective public debt management and maintaining balanced budgets. These elements, combined with international confidence in Denmark's financial system, help the Krone maintain its stability, even in the face of global economic fluctuations.

Why Does Denmark Not Use the Euro as Its Currency?

Denmark does not use the Euro primarily due to the decision made by its citizens in a referendum. In September 2000, a referendum was held in Denmark to decide whether the country should adopt the Euro as its official currency. The result was that 53.2% of the voters chose to keep the Danish Krone (DKK), while 46.8% voted in favor of adopting the Euro.

This choice was influenced by several factors, including a desire to maintain economic independence, allowing Denmark to tailor its monetary policy to national needs. Additionally, the Krone is seen by many as a symbol of national identity and sovereignty, and there was a general sentiment that adopting the Euro might diminish this aspect of Danish heritage. At the time of the referendum, Denmark's economy was strong and stable, leading many voters to question the necessity of changing the currency amidst the uncertainties surrounding the Euro. Furthermore, there was a degree of skepticism about the European Union and its future direction, with some preferring to keep a level of detachment from deeper EU integration. Despite this, Denmark has kept its currency closely aligned with the Eurozone through the European Exchange Rate Mechanism II (ERM II), ensuring currency stability while maintaining its monetary sovereignty.

Bitget crypto-to-fiat exchange data shows that the most popular Initia currency pair is the INIT to DKK, with for Initia's currency code being INIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DKK.

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How to convert INIT to DKK

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INIT to DKK Conversion tables

The exchange rate of Initia is increasing.
The exchange rate of 1 INIT to Danish Krone has changed by +16.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -20.92%, reaching a high of 6.16 DKK and a low of 4.45 DKK . One month ago, the value of 1 INIT was kr0.02283 DKK , which represents a +21.45% change from its current value. Over the last year, Initia has changed by
+kr
4.7DKK
, resulting in a change of +18.04% in its value.
24 hours ago1 month ago1 year ago
Amount20:13 today24 hours ago24h change
0.5 INITkr2.36kr2.98
-20.92%
1 INITkr4.72kr5.97
-20.92%
5 INITkr23.62kr29.84
-20.92%
10 INITkr47.24kr59.67
-20.92%
50 INITkr236.19kr298.36
-20.92%
100 INITkr472.38kr596.71
-20.92%
500 INITkr2,361.89kr2,983.57
-20.92%
1000 INITkr4,723.79kr5,967.14
-20.92%

INIT to DKK FAQ

How much is 1 Initia in DKK?
Right now, the price of 1 Initia (INIT) in Danish Krone (DKK) is kr4.72.
How much INIT can I buy for 1 DKK?
Based on the current exchange rate, you can get 0.2117 INIT for 1 DKK.
How do I calculate or convert INIT to DKK?
You can use our INIT to DKK calculator at the top of this page to convert any amount of INIT to DKK. We've also included quick-reference tables for the most popular conversions. For example, 5 DKK is equivalent to 1.06 INIT, while 5 INIT will cost around 23.62DKK.
What is the highest price of INIT/DKK in history?
The all-time high price of 1 INIT in DKK is kr6.3. It remains to be seen if the value of 1 INIT/DKK will exceed the current all-time high.
What is the price trend of Initia in DKK?
Over the past 7 days, the exchange rate of Initia (INIT) has gone up by 16.60%.   Over the last month, the exchange rate of Initia (INIT) has gone up by 21.45% against Danish Krone (DKK).

What factors influence the conversion rate of INIT to DKK?

There are many factors that affect the relationship between Initia and Danish Krone, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of INIT/DKK. When there is positive news in the market about the widespread adoption of INIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INIT/DKK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INIT/DKK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of INIT/DKK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Initia and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.