Historic Danish Krone Moroccan dirham

Danish Krone moroccan dirham history for December 2023. The highest quote for this month is 1.487 (14/12/2023) and the lowest 1.4796 (16/12/2023). The difference between high and low is 0.5.

DKK MAD average rate for December 2023 is 1.4557, the change between 01/12/2023 and 31/12/2023 is -2.36 %.

01 December 20231 DKK = 1.426 MAD
03 December 20231 DKK = 1.473 MAD
04 December 20231 DKK = 1.426 MAD
05 December 20231 DKK = 1.465 MAD
06 December 20231 DKK = 1.462 MAD
07 December 20231 DKK = 1.458 MAD
08 December 20231 DKK = 1.463 MAD
10 December 20231 DKK = 1.468 MAD
11 December 20231 DKK = 1.420 MAD
12 December 20231 DKK = 1.424 MAD
13 December 20231 DKK = 1.425 MAD
14 December 20231 DKK = 1.487 MAD
15 December 20231 DKK = 1.487 MAD
16 December 20231 DKK = 1.480 MAD
17 December 20231 DKK = 1.480 MAD
18 December 20231 DKK = 1.438 MAD
19 December 20231 DKK = 1.436 MAD
20 December 20231 DKK = 1.487 MAD
21 December 20231 DKK = 1.474 MAD
22 December 20231 DKK = 1.470 MAD
24 December 20231 DKK = 1.465 MAD
25 December 20231 DKK = 1.417 MAD
26 December 20231 DKK = 1.419 MAD
27 December 20231 DKK = 1.468 MAD
28 December 20231 DKK = 1.460 MAD
29 December 20231 DKK = 1.468 MAD
31 December 20231 DKK = 1.460 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.