Historic South Korean Won Danish Krone

South Korean Won danish krone history for February 2024. The highest quote for this month is 0.005218 (06/02/2024) and the lowest 0.005345 (09/02/2024). The difference between high and low is -2.43.

KRW DKK average rate for February 2024 is 0.00519, the change between 01/02/2024 and 29/02/2024 is +0.31 %.

01 February 20241 KRW = 0.0052 DKK
02 February 20241 KRW = 0.0052 DKK
03 February 20241 KRW = 0.0052 DKK
04 February 20241 KRW = 0.0052 DKK
05 February 20241 KRW = 0.0052 DKK
06 February 20241 KRW = 0.0052 DKK
07 February 20241 KRW = 0.0052 DKK
08 February 20241 KRW = 0.0052 DKK
09 February 20241 KRW = 0.0052 DKK
10 February 20241 KRW = 0.0052 DKK
12 February 20241 KRW = 0.0052 DKK
13 February 20241 KRW = 0.0052 DKK
14 February 20241 KRW = 0.0052 DKK
15 February 20241 KRW = 0.0052 DKK
16 February 20241 KRW = 0.0052 DKK
17 February 20241 KRW = 0.0052 DKK
18 February 20241 KRW = 0.0052 DKK
19 February 20241 KRW = 0.0052 DKK
20 February 20241 KRW = 0.0052 DKK
21 February 20241 KRW = 0.0052 DKK
22 February 20241 KRW = 0.0052 DKK
23 February 20241 KRW = 0.0052 DKK
25 February 20241 KRW = 0.0052 DKK
26 February 20241 KRW = 0.0052 DKK
27 February 20241 KRW = 0.0052 DKK
28 February 20241 KRW = 0.0052 DKK
29 February 20241 KRW = 0.0052 DKK

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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.
KRW DKK August 2023
KRW DKK September 2023
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KRW DKK January 2024
KRW DKK February 2024
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KRW DKK April 2024
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KRW DKK June 2024
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KRW DKK August 2024