Historic Danish Krone Australian dollar

Danish Krone australian dollar history for December 2023. The highest quote for this month is 0.22108 (07/12/2023) and the lowest 0.22016 (13/12/2023). The difference between high and low is 0.42.

DKK AUD average rate for December 2023 is 0.21873, the change between 01/12/2023 and 31/12/2023 is +1.7 %.

01 December 20231 DKK = 0.2211 AUD
03 December 20231 DKK = 0.2191 AUD
04 December 20231 DKK = 0.2186 AUD
05 December 20231 DKK = 0.2197 AUD
06 December 20231 DKK = 0.2209 AUD
07 December 20231 DKK = 0.2204 AUD
08 December 20231 DKK = 0.2195 AUD
09 December 20231 DKK = 0.2195 AUD
10 December 20231 DKK = 0.2197 AUD
11 December 20231 DKK = 0.2195 AUD
12 December 20231 DKK = 0.2200 AUD
13 December 20231 DKK = 0.2206 AUD
14 December 20231 DKK = 0.2190 AUD
15 December 20231 DKK = 0.2200 AUD
16 December 20231 DKK = 0.2183 AUD
17 December 20231 DKK = 0.2183 AUD
18 December 20231 DKK = 0.2182 AUD
19 December 20231 DKK = 0.2186 AUD
20 December 20231 DKK = 0.2178 AUD
21 December 20231 DKK = 0.2178 AUD
22 December 20231 DKK = 0.2172 AUD
24 December 20231 DKK = 0.2172 AUD
25 December 20231 DKK = 0.2170 AUD
26 December 20231 DKK = 0.2172 AUD
27 December 20231 DKK = 0.2171 AUD
28 December 20231 DKK = 0.2174 AUD
29 December 20231 DKK = 0.2175 AUD
31 December 20231 DKK = 0.2174 AUD

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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
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