Denmark interest rate

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Denmark interest rate closed down 2.85 as of October 17, 2024 from 3.1 from the previous day, 3.6 last week and 2.1 last month.

Denmark interest rate Analytics & Data





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Denmark interest rate Historical Data

Date Close
2024-10-17 2.85
2024-09-12 3.1
2024-08-31 3.35
2024-07-31 3.35
2024-06-06 3.35
2024-05-31 3.6
2024-04-30 3.6
2024-03-31 3.6
2024-02-29 3.6
2024-01-31 3.6
2023-12-31 3.6
2023-11-30 3.6
2023-10-31 3.6
2023-09-15 3.6
2023-08-31 3.35
2023-07-28 3.35
2023-06-15 3.1
2023-05-08 2.85
2023-04-30 2.6
2023-03-16 2.6
2023-02-03 2.1
2023-01-31 1.75
2022-12-15 1.75
2022-11-30 1.25
2022-10-27 1.25
2022-09-08 0.65
2022-08-31 -0.1
2022-07-22 -0.1
2022-06-30 -0.1
2022-05-31 -0.6
2022-04-30 -0.6
2022-03-31 -0.6
2022-02-28 -0.6
2022-01-31 -0.6
2021-12-31 -0.6
2021-11-30 -0.6
2021-10-31 -0.6
2021-09-30 -0.6
2021-08-31 -0.5
2021-07-31 -0.5
2021-06-30 -0.5
2021-05-31 -0.5
2021-04-30 -0.5
2021-03-19 -0.5
2021-02-28 -0.6
2021-01-31 -0.6
2020-12-31 -0.6
2020-11-30 -0.6
2020-10-31 -0.6
2020-09-30 -0.6
2020-08-31 -0.6
2020-07-31 -0.6
2020-06-30 -0.6
2020-05-31 -0.6
2020-04-30 -0.6
2020-03-19 -0.6
2020-03-12 -0.75
2020-02-29 -0.75
2020-01-31 -0.75
2019-12-31 -0.75

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Denmark interest rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
Denmark interest rate dk.interestrate 0 0 0 0

Denmark interest rate Quantitative Analysis, Charts & Factors

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Denmark interest rate Historical Data

The MacroVar database offers free access to historical data for the Denmark interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Denmark interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Denmark interest rate

In Denmark, interest rates refer to the rate at which individuals and businesses can borrow money from financial institutions. The interest rate is set by the Danish central bank, Danmarks Nationalbank, and influences the overall cost of borrowing and the return on savings. This rate plays a crucial role in the country's economy as it affects consumer spending, investment decisions, and inflation levels. A lower interest rate encourages borrowing and spending, which can stimulate economic growth, while a higher interest rate can help combat inflation and stabilize the economy. Denmark's interest rate is closely monitored and adjusted in response to changing economic conditions to ensure financial stability and promote sustainable growth.