Historic Canadian dollar Danish Krone

Canadian dollar danish krone history for February 2024. The highest quote for this month is 5.1445 (08/02/2024) and the lowest 5.147 (09/02/2024). The difference between high and low is -0.05.

CAD DKK average rate for February 2024 is 5.12158, the change between 01/02/2024 and 29/02/2024 is +1.38 %.

01 February 20241 CAD = 5.14 DKK
02 February 20241 CAD = 5.12 DKK
03 February 20241 CAD = 5.13 DKK
04 February 20241 CAD = 5.14 DKK
05 February 20241 CAD = 5.13 DKK
06 February 20241 CAD = 5.13 DKK
07 February 20241 CAD = 5.14 DKK
08 February 20241 CAD = 5.14 DKK
09 February 20241 CAD = 5.14 DKK
10 February 20241 CAD = 5.14 DKK
11 February 20241 CAD = 5.14 DKK
12 February 20241 CAD = 5.13 DKK
13 February 20241 CAD = 5.14 DKK
14 February 20241 CAD = 5.13 DKK
15 February 20241 CAD = 5.13 DKK
16 February 20241 CAD = 5.14 DKK
17 February 20241 CAD = 5.13 DKK
18 February 20241 CAD = 5.13 DKK
19 February 20241 CAD = 5.13 DKK
20 February 20241 CAD = 5.12 DKK
21 February 20241 CAD = 5.10 DKK
22 February 20241 CAD = 5.10 DKK
23 February 20241 CAD = 5.11 DKK
25 February 20241 CAD = 5.10 DKK
26 February 20241 CAD = 5.10 DKK
27 February 20241 CAD = 5.09 DKK
28 February 20241 CAD = 5.08 DKK
29 February 20241 CAD = 5.06 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.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

24/03/1982: Floating Exchange Rate

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

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

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.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

10/09/1927: Return to Gold Standard

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

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

31/12/1872: Pegging to Gold Standard

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

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.
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