Historic Danish Krone Moroccan dirham

Danish Krone moroccan dirham history for February 2024. The highest quote for this month is 1.462 (27/02/2024) and the lowest 1.4608 (25/02/2024). The difference between high and low is 0.08.

DKK MAD average rate for February 2024 is 1.44354, the change between 01/02/2024 and 29/02/2024 is +1.61 %.

01 February 20241 DKK = 1.449 MAD
02 February 20241 DKK = 1.460 MAD
03 February 20241 DKK = 1.453 MAD
04 February 20241 DKK = 1.453 MAD
05 February 20241 DKK = 1.412 MAD
06 February 20241 DKK = 1.405 MAD
07 February 20241 DKK = 1.452 MAD
08 February 20241 DKK = 1.454 MAD
09 February 20241 DKK = 1.452 MAD
11 February 20241 DKK = 1.447 MAD
12 February 20241 DKK = 1.405 MAD
13 February 20241 DKK = 1.450 MAD
14 February 20241 DKK = 1.446 MAD
15 February 20241 DKK = 1.450 MAD
16 February 20241 DKK = 1.453 MAD
17 February 20241 DKK = 1.455 MAD
18 February 20241 DKK = 1.455 MAD
19 February 20241 DKK = 1.410 MAD
20 February 20241 DKK = 1.412 MAD
21 February 20241 DKK = 1.462 MAD
22 February 20241 DKK = 1.463 MAD
23 February 20241 DKK = 1.460 MAD
25 February 20241 DKK = 1.461 MAD
26 February 20241 DKK = 1.411 MAD
27 February 20241 DKK = 1.458 MAD
28 February 20241 DKK = 1.463 MAD
29 February 20241 DKK = 1.426 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.
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