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How large is Denmark's foreign exchange reserve?

The reserve that backs the krone peg.

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Short answer

At the end of September 2026 the foreign exchange reserve of Danmarks Nationalbank was 693.2 billion kroner, after a fall of 0.4 billion kroner during September. There were no interventions in the foreign exchange market in September 2026. From January to September 2026 net interventions came to minus 6.3 billion kroner, which means more foreign currency was sold than bought. The reserve is used to buy kroner when the krone weakens, so interventions change its size.

Practical info

Why

  1. The reserve supports the fixed exchange rate to the euro.
  2. Interventions make the reserve go up or down.
  3. Figures are published every month.

Details

During the pressure on the krone in January and February 2015 the central bank intervened for 275 billion kroner.

Tip

The monthly press release on foreign exchange and liquidity, published at the start of each month, gives the latest figure.

What may differ

The size of the reserve changes every month with interventions and market values.

Common misconception

The central bank buys or sells currency every month.

What actually happens

In September 2026 there were no interventions at all.

People also ask

  • How big are Denmark's gold reserves?
  • Is the Danish krone pegged to the euro?
  • Why does Denmark change its interest rate when the ECB does?

Sources

This answer is for reference only. Payment rules, limits and fees change, so check the official sources or your bank before you pay.

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