Historic Cuban peso Danish Krone

Cuban peso danish krone history for January 2024. The highest quote for this month is 0.28756 (30/01/2024) and the lowest 0.28677 (29/01/2024). The difference between high and low is 0.27.

CUP DKK average rate for January 2024 is 0.28489, the change between 01/01/2024 and 31/01/2024 is -2.02 %.

01 January 20241 CUP = 0.2811 DKK
02 January 20241 CUP = 0.2809 DKK
03 January 20241 CUP = 0.2841 DKK
04 January 20241 CUP = 0.2850 DKK
05 January 20241 CUP = 0.2842 DKK
06 January 20241 CUP = 0.2839 DKK
07 January 20241 CUP = 0.2839 DKK
08 January 20241 CUP = 0.2851 DKK
09 January 20241 CUP = 0.2843 DKK
10 January 20241 CUP = 0.2847 DKK
11 January 20241 CUP = 0.2835 DKK
12 January 20241 CUP = 0.2832 DKK
13 January 20241 CUP = 0.2836 DKK
14 January 20241 CUP = 0.2836 DKK
15 January 20241 CUP = 0.2846 DKK
16 January 20241 CUP = 0.2845 DKK
17 January 20241 CUP = 0.2856 DKK
18 January 20241 CUP = 0.2858 DKK
19 January 20241 CUP = 0.2859 DKK
20 January 20241 CUP = 0.2851 DKK
21 January 20241 CUP = 0.2851 DKK
22 January 20241 CUP = 0.2858 DKK
23 January 20241 CUP = 0.2861 DKK
24 January 20241 CUP = 0.2866 DKK
25 January 20241 CUP = 0.2859 DKK
26 January 20241 CUP = 0.2865 DKK
27 January 20241 CUP = 0.2861 DKK
28 January 20241 CUP = 0.2863 DKK
29 January 20241 CUP = 0.2865 DKK
30 January 20241 CUP = 0.2871 DKK
31 January 20241 CUP = 0.2868 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.

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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.

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.