Historic Barbadian dollar Danish Krone

Barbadian dollar danish krone history for August 2023. The highest quote for this month is 3.5042 (29/08/2023) and the lowest 3.4938 (24/08/2023). The difference between high and low is 0.3.

BBD DKK average rate for August 2023 is 3.45794, the change between 01/08/2023 and 31/08/2023 is -0.65 %.

01 August 20231 BBD = 3.431 DKK
02 August 20231 BBD = 3.429 DKK
03 August 20231 BBD = 3.445 DKK
04 August 20231 BBD = 3.449 DKK
07 August 20231 BBD = 3.454 DKK
08 August 20231 BBD = 3.434 DKK
09 August 20231 BBD = 3.446 DKK
10 August 20231 BBD = 3.439 DKK
11 August 20231 BBD = 3.438 DKK
12 August 20231 BBD = 3.402 DKK
14 August 20231 BBD = 3.437 DKK
15 August 20231 BBD = 3.460 DKK
16 August 20231 BBD = 3.463 DKK
17 August 20231 BBD = 3.472 DKK
18 August 20231 BBD = 3.472 DKK
21 August 20231 BBD = 3.482 DKK
22 August 20231 BBD = 3.467 DKK
23 August 20231 BBD = 3.482 DKK
24 August 20231 BBD = 3.477 DKK
25 August 20231 BBD = 3.497 DKK
28 August 20231 BBD = 3.497 DKK
29 August 20231 BBD = 3.489 DKK
30 August 20231 BBD = 3.477 DKK
31 August 20231 BBD = 3.453 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.