US Dollar / Australian Dollar vs US Dollar / Danish Krone

US Dollar / Australian Dollar (USD/AUD) and US Dollar / Danish Krone (USD/DKK) compared side by side. Over the past 90 days, USD/DKK is ahead by 3.2 percentage points (USD/AUD -1.2% against USD/DKK +2.0%). Their daily returns move closely together (correlation 0.68 across 284 shared trading days). USD/AUD has been the more volatile of the two, at 10% annualised against USD/DKK's 6%.

Correlation: 0.68
Ahead over 90 days: USD/DKK

US Dollar / Australian DollarUSD/AUD

$1.4319

24h: +0.35%
Market cap: —
Volume 24h: —
Volatility (ann.): 10%

US Dollar / Danish KroneUSD/DKK

$6.6853

24h: +0.33%
Market cap: —
Volume 24h: —
Volatility (ann.): 6%

Performance

USD/AUDUSD/DKK

7 days+0.28%+0.25%USD/AUD
30 days+1.60%+2.26%USD/DKK
90 days-1.24%+1.97%USD/DKK

Correlation

0.68over 284 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 0.571y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	USD/AUD	USD/DKK
Max drawdown (400d)	-11.1%	-4.4%
Risk-adjusted return (90d)	-0.17	0.38

Relative strength over 90 days: USD/DKK outperformed USD/AUD by 3.1% — measured on the USD/AUD/USD/DKK ratio, so it holds regardless of market direction.

US Dollar / Australian Dollar →US Dollar / Danish Krone →