Danish Krone moroccan dirham exchange rate history (DKK MAD) October 2023

Danish Krone moroccan dirham history for October 2023. The highest quote for this month is 1.4665 (21/10/2023) and the lowest 1.4672 (22/10/2023). The difference between high and low is -0.05.

DKK MAD average rate for October 2023 is 1.44264, the change between 01/10/2023 and 31/10/2023 is -0.3 %.

01 October 2023	1 DKK = 1.458 MAD
02 October 2023	1 DKK = 1.410 MAD
03 October 2023	1 DKK = 1.450 MAD
04 October 2023	1 DKK = 1.450 MAD
05 October 2023	1 DKK = 1.451 MAD
06 October 2023	1 DKK = 1.414 MAD
09 October 2023	1 DKK = 1.399 MAD
10 October 2023	1 DKK = 1.425 MAD
11 October 2023	1 DKK = 1.459 MAD
12 October 2023	1 DKK = 1.458 MAD
13 October 2023	1 DKK = 1.448 MAD
16 October 2023	1 DKK = 1.395 MAD
17 October 2023	1 DKK = 1.450 MAD
18 October 2023	1 DKK = 1.451 MAD
19 October 2023	1 DKK = 1.405 MAD
20 October 2023	1 DKK = 1.461 MAD
21 October 2023	1 DKK = 1.467 MAD
22 October 2023	1 DKK = 1.466 MAD
23 October 2023	1 DKK = 1.413 MAD
24 October 2023	1 DKK = 1.475 MAD
25 October 2023	1 DKK = 1.461 MAD
26 October 2023	1 DKK = 1.453 MAD
27 October 2023	1 DKK = 1.452 MAD
28 October 2023	1 DKK = 1.456 MAD
29 October 2023	1 DKK = 1.454 MAD
30 October 2023	1 DKK = 1.409 MAD
31 October 2023	1 DKK = 1.462 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.

Historic Danish Krone Moroccan dirham