The steadiness of Danish kroner exchange rates makes it reasonable and safe to order a vacation to Denmark. This tiny yet delightful Scandinavian country is, in fact , accessible by plane, train and ferry. It's also the home of the mythical Tiny Mermaid (Disneyland is not the Little Mermaid's home, in contrast to what people believe), wild, miraculous Tivoli Park and thirst-quenching Carlsberg beer.

Apart from a single paradox, if you're looking to buy danish kroner, it's relationship to the UK pounds has been an image of consistency and stability. Currently pegged at approximately 0.117, the exchange rate hasn't strayed beyond a little less than one % from the average over the past 365 days. There was one day in the middle of July this year when the rate shot up to 0.134. It must've been a wild day in the foreign exchange markets on that day. But all through the last year, the conversion rate has been relatively well behaved.

The exchange rate ambiguity in July can be traced to a region-wide market reaction to the stress testing exercise conducted by the European Banking Authority to evaluate "the resilience of banks concerned in the exercise against a harmful but plausible scenario." Fortuitously the markets stabilized shortly enough, and the foreign currency exchange rates, including that between the UK pounds sterling and the Danish kroner, settled back down to their normal level.

The current Danish kroner exchange rates mean that 100 kroners convert to 11.70 British pounds, and 100 pounds buys you 854.70 kroners. Precisely one year gone the rate was around 0.112; 100 kroners cost 11.20 pounds and your 100 pounds could get you 892.86 pounds. So you would be spending barely more this year than you would have last year. Each 100 pounds you convert to kroner today could have purchased you a pint of fresh-brewed beer at the Carlsberg brewery.

You could wait slightly longer until the rates become even more favourable before you book your Denmark vacation. Or if you have to travel to Denmark at the moment, you can reduce the losses coming from the unfavourable forex rates by keeping these pointers in mind.

1. Plan your journey, anticipate expenses and prepare a budget. Naturally, you can't expect this budget to be hard and fast, but at least you'll have an idea of the things you need to spend on, and be in a position to make allowances for any sudden unplanned spending.

2. Buy the maximum amount of the Danish kroner you want before you leave for Denmark. You will then have sufficient time to shop around and choose the best exchange rates, or perhaps be lucky enough to have the rates turn to your benefit. You will also have cash ready for tips, purchasing food, taxi fare and all of the other expenses that surface when you first arrive at your destination.

3. Steer clear of currency exchange counters and currency conversion kiosks at the airport, train stations, and ferry docks. The rates here are ridiculous and the service charges can make you palpitate.

4. Find out where the ATMs are throughout your schedule. Find one that services international banks. If at all possible make giant withdrawals while reducing the number of transactions. This enables you to also reduce the service charges you have to pay for.

Even if the Danish kroner exchange rates means you finish up short on your currency conversion so that you cannot afford that pint of Carlsberg, you can still exploit the FREE Copenhagen town tours that are famous all around the globe.

Helen Jack is a regular traveller to Denmark, having made her last trip just 2 weeks back. She recommends making an international money transfer with Fair FX.