Danish Krone cuban peso exchange rate history (DKK CUP) November 2023

Danish Krone cuban peso history for November 2023. The highest quote for this month is 3.5232 (29/11/2023) and the lowest 3.537 (28/11/2023). The difference between high and low is -0.39.

DKK CUP average rate for November 2023 is 3.47244, the change between 01/11/2023 and 30/11/2023 is -3.83 %.

01 November 2023	1 DKK = 3.397 CUP
02 November 2023	1 DKK = 3.398 CUP
03 November 2023	1 DKK = 3.404 CUP
06 November 2023	1 DKK = 3.420 CUP
07 November 2023	1 DKK = 3.446 CUP
08 November 2023	1 DKK = 3.435 CUP
09 November 2023	1 DKK = 3.445 CUP
10 November 2023	1 DKK = 3.429 CUP
12 November 2023	1 DKK = 3.440 CUP
13 November 2023	1 DKK = 3.424 CUP
14 November 2023	1 DKK = 3.442 CUP
15 November 2023	1 DKK = 3.495 CUP
16 November 2023	1 DKK = 3.491 CUP
17 November 2023	1 DKK = 3.491 CUP
19 November 2023	1 DKK = 3.514 CUP
20 November 2023	1 DKK = 3.489 CUP
21 November 2023	1 DKK = 3.518 CUP
22 November 2023	1 DKK = 3.509 CUP
23 November 2023	1 DKK = 3.500 CUP
24 November 2023	1 DKK = 3.509 CUP
26 November 2023	1 DKK = 3.522 CUP
27 November 2023	1 DKK = 3.507 CUP
28 November 2023	1 DKK = 3.524 CUP
29 November 2023	1 DKK = 3.536 CUP
30 November 2023	1 DKK = 3.527 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.

Historic Danish Krone Cuban peso