Historic Danish Krone Japanese Yen

Danish Krone japanese yen history for December 2023. The highest quote for this month is 21.55 (01/12/2023) and the lowest 21.494 (01/12/2023). The difference between high and low is 0.26.

DKK JPY average rate for December 2023 is 21.08608, the change between 01/12/2023 and 31/12/2023 is +2.87 %.

01 December 20231 DKK = 21.62 JPY
03 December 20231 DKK = 21.43 JPY
04 December 20231 DKK = 21.39 JPY
05 December 20231 DKK = 21.42 JPY
06 December 20231 DKK = 21.31 JPY
07 December 20231 DKK = 21.25 JPY
08 December 20231 DKK = 20.88 JPY
10 December 20231 DKK = 20.92 JPY
11 December 20231 DKK = 20.94 JPY
12 December 20231 DKK = 21.10 JPY
13 December 20231 DKK = 21.04 JPY
14 December 20231 DKK = 20.84 JPY
15 December 20231 DKK = 20.98 JPY
17 December 20231 DKK = 20.77 JPY
18 December 20231 DKK = 20.80 JPY
19 December 20231 DKK = 20.91 JPY
20 December 20231 DKK = 21.19 JPY
21 December 20231 DKK = 21.07 JPY
22 December 20231 DKK = 20.97 JPY
25 December 20231 DKK = 21.03 JPY
26 December 20231 DKK = 21.02 JPY
27 December 20231 DKK = 21.10 JPY
28 December 20231 DKK = 21.07 JPY
29 December 20231 DKK = 21.00 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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.