Historic Danish Krone Mexican peso

Danish Krone mexican peso history for January 2024. The highest quote for this month is 2.5277 (17/01/2024) and the lowest 2.5123 (01/01/2024). The difference between high and low is 0.61.

DKK MXN average rate for January 2024 is 2.49542, the change between 01/01/2024 and 31/01/2024 is +0.68 %.

01 January 20241 DKK = 2.512 MXN
02 January 20241 DKK = 2.512 MXN
03 January 20241 DKK = 2.498 MXN
04 January 20241 DKK = 2.492 MXN
05 January 20241 DKK = 2.497 MXN
06 January 20241 DKK = 2.474 MXN
07 January 20241 DKK = 2.473 MXN
08 January 20241 DKK = 2.477 MXN
09 January 20241 DKK = 2.472 MXN
10 January 20241 DKK = 2.487 MXN
11 January 20241 DKK = 2.499 MXN
12 January 20241 DKK = 2.489 MXN
14 January 20241 DKK = 2.479 MXN
15 January 20241 DKK = 2.476 MXN
16 January 20241 DKK = 2.478 MXN
17 January 20241 DKK = 2.509 MXN
18 January 20241 DKK = 2.509 MXN
19 January 20241 DKK = 2.505 MXN
21 January 20241 DKK = 2.505 MXN
22 January 20241 DKK = 2.497 MXN
23 January 20241 DKK = 2.505 MXN
24 January 20241 DKK = 2.520 MXN
25 January 20241 DKK = 2.515 MXN
26 January 20241 DKK = 2.501 MXN
27 January 20241 DKK = 2.495 MXN
28 January 20241 DKK = 2.496 MXN
29 January 20241 DKK = 2.497 MXN
30 January 20241 DKK = 2.503 MXN
31 January 20241 DKK = 2.495 MXN

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

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.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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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