Historic Danish Krone Australian dollar

Danish Krone australian dollar history for January 2024. The highest quote for this month is 0.22276 (17/01/2024) and the lowest 0.22242 (18/01/2024). The difference between high and low is 0.15.

DKK AUD average rate for January 2024 is 0.22001, the change between 01/01/2024 and 31/01/2024 is -1.58 %.

01 January 20241 DKK = 0.2171 AUD
02 January 20241 DKK = 0.2174 AUD
03 January 20241 DKK = 0.2169 AUD
04 January 20241 DKK = 0.2175 AUD
05 January 20241 DKK = 0.2189 AUD
06 January 20241 DKK = 0.2185 AUD
07 January 20241 DKK = 0.2185 AUD
08 January 20241 DKK = 0.2185 AUD
09 January 20241 DKK = 0.2185 AUD
10 January 20241 DKK = 0.2193 AUD
11 January 20241 DKK = 0.2195 AUD
12 January 20241 DKK = 0.2199 AUD
13 January 20241 DKK = 0.2197 AUD
14 January 20241 DKK = 0.2196 AUD
15 January 20241 DKK = 0.2194 AUD
16 January 20241 DKK = 0.2207 AUD
17 January 20241 DKK = 0.2214 AUD
18 January 20241 DKK = 0.2228 AUD
19 January 20241 DKK = 0.2216 AUD
20 January 20241 DKK = 0.2214 AUD
21 January 20241 DKK = 0.2216 AUD
22 January 20241 DKK = 0.2215 AUD
23 January 20241 DKK = 0.2220 AUD
24 January 20241 DKK = 0.2211 AUD
25 January 20241 DKK = 0.2219 AUD
26 January 20241 DKK = 0.2210 AUD
27 January 20241 DKK = 0.2214 AUD
28 January 20241 DKK = 0.2212 AUD
29 January 20241 DKK = 0.2211 AUD
30 January 20241 DKK = 0.2198 AUD
31 January 20241 DKK = 0.2206 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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