Historic Danish Krone Japanese Yen

Danish Krone japanese yen history for January 2024. The highest quote for this month is 21.683 (19/01/2024) and the lowest 21.596 (18/01/2024). The difference between high and low is 0.4.

DKK JPY average rate for January 2024 is 21.36244, the change between 01/01/2024 and 31/01/2024 is -2.7 %.

01 January 20241 DKK = 20.88 JPY
02 January 20241 DKK = 20.90 JPY
03 January 20241 DKK = 20.86 JPY
04 January 20241 DKK = 20.95 JPY
05 January 20241 DKK = 21.25 JPY
08 January 20241 DKK = 21.23 JPY
09 January 20241 DKK = 21.18 JPY
10 January 20241 DKK = 21.17 JPY
11 January 20241 DKK = 21.45 JPY
12 January 20241 DKK = 21.36 JPY
15 January 20241 DKK = 21.31 JPY
16 January 20241 DKK = 21.39 JPY
17 January 20241 DKK = 21.48 JPY
18 January 20241 DKK = 21.62 JPY
19 January 20241 DKK = 21.61 JPY
22 January 20241 DKK = 21.64 JPY
23 January 20241 DKK = 21.61 JPY
24 January 20241 DKK = 21.59 JPY
25 January 20241 DKK = 21.54 JPY
26 January 20241 DKK = 21.50 JPY
27 January 20241 DKK = 21.58 JPY
28 January 20241 DKK = 21.56 JPY
29 January 20241 DKK = 21.55 JPY
30 January 20241 DKK = 21.44 JPY
31 January 20241 DKK = 21.44 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.
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