Historic Danish Krone Cuban peso

Danish Krone cuban peso history for January 2024. The highest quote for this month is 3.5617 (01/01/2024) and the lowest 3.5605 (01/01/2024). The difference between high and low is 0.03.

DKK CUP average rate for January 2024 is 3.51024, the change between 01/01/2024 and 31/01/2024 is +1.98 %.

01 January 20241 DKK = 3.557 CUP
02 January 20241 DKK = 3.560 CUP
03 January 20241 DKK = 3.519 CUP
04 January 20241 DKK = 3.509 CUP
05 January 20241 DKK = 3.519 CUP
06 January 20241 DKK = 3.522 CUP
07 January 20241 DKK = 3.522 CUP
08 January 20241 DKK = 3.507 CUP
09 January 20241 DKK = 3.518 CUP
10 January 20241 DKK = 3.513 CUP
11 January 20241 DKK = 3.528 CUP
12 January 20241 DKK = 3.531 CUP
13 January 20241 DKK = 3.526 CUP
14 January 20241 DKK = 3.526 CUP
15 January 20241 DKK = 3.514 CUP
16 January 20241 DKK = 3.515 CUP
17 January 20241 DKK = 3.502 CUP
18 January 20241 DKK = 3.499 CUP
19 January 20241 DKK = 3.498 CUP
20 January 20241 DKK = 3.508 CUP
21 January 20241 DKK = 3.508 CUP
22 January 20241 DKK = 3.499 CUP
23 January 20241 DKK = 3.495 CUP
24 January 20241 DKK = 3.490 CUP
25 January 20241 DKK = 3.498 CUP
26 January 20241 DKK = 3.490 CUP
27 January 20241 DKK = 3.495 CUP
28 January 20241 DKK = 3.493 CUP
29 January 20241 DKK = 3.490 CUP
30 January 20241 DKK = 3.483 CUP
31 January 20241 DKK = 3.487 CUP

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.
DKK CUP July 2023
DKK CUP August 2023
DKK CUP September 2023
DKK CUP October 2023
DKK CUP November 2023
DKK CUP December 2023
DKK CUP January 2024
DKK CUP February 2024
DKK CUP March 2024
DKK CUP April 2024
DKK CUP May 2024
DKK CUP June 2024
DKK CUP July 2024