*Live at Ceasar's Palace* The Danish Kroner vs. The US Dollar

In what was billed as a give me victory for the former Currency Heavyweight Champion of the world, the US Dollar was upset by the Danish Kroner in what experts have called the biggest upset since Buster Douglas beat Mike Tyson. In what has been a five year battle since 2002 the Danish Kroner won all but the 2006 round against the Dollar when the Kroner depreciated against the dollar for the only year out of the five year bout, dropping 20 cents from $.179 per Kroner to $.159 a Kroner. At the end, as of March 9th, 2007 the Kroner had gained 58 cents from $.118 in March of 2002 to $.176 as of March, 2007.

(Author's note: the site http://www.xe.com/ict/
was used, but in order to find the specific exchange rates the reader will have to manually set the site to do the calculations.)

So what does this stunning upset mean for the Danish state? Simply put, the victory means money in the bank for Denmark, at least when dealing with the United States. With a stunning growth against the US Dollar of 49.8% over the past five years Denmark has been able to more readily purchase US goods at cheaper prices while gaining a higher revenue for any imports to the US. All in all, as far as this fight reporter is concerned, the Danes gained an even more favorable balance of trade with the US while even gaining some respect.