Historic Malaysian ringgit Danish Krone

Malaysian ringgit danish krone history for January 2024. The highest quote for this month is 1.4795 (02/01/2024) and the lowest 1.4729 (03/01/2024). The difference between high and low is 0.45.

MYR DKK average rate for January 2024 is 1.46259, the change between 01/01/2024 and 31/01/2024 is +1.05 %.

01 January 20241 MYR = 1.470 DKK
02 January 20241 MYR = 1.471 DKK
03 January 20241 MYR = 1.481 DKK
04 January 20241 MYR = 1.484 DKK
05 January 20241 MYR = 1.470 DKK
06 January 20241 MYR = 1.465 DKK
07 January 20241 MYR = 1.467 DKK
08 January 20241 MYR = 1.465 DKK
09 January 20241 MYR = 1.465 DKK
10 January 20241 MYR = 1.470 DKK
11 January 20241 MYR = 1.464 DKK
12 January 20241 MYR = 1.462 DKK
13 January 20241 MYR = 1.465 DKK
14 January 20241 MYR = 1.466 DKK
15 January 20241 MYR = 1.467 DKK
16 January 20241 MYR = 1.460 DKK
17 January 20241 MYR = 1.476 DKK
18 January 20241 MYR = 1.453 DKK
19 January 20241 MYR = 1.454 DKK
22 January 20241 MYR = 1.453 DKK
23 January 20241 MYR = 1.451 DKK
24 January 20241 MYR = 1.454 DKK
25 January 20241 MYR = 1.450 DKK
26 January 20241 MYR = 1.453 DKK
28 January 20241 MYR = 1.454 DKK
29 January 20241 MYR = 1.455 DKK
30 January 20241 MYR = 1.454 DKK
31 January 20241 MYR = 1.455 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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely 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.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

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.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
MYR DKK July 2023
MYR DKK August 2023
MYR DKK September 2023
MYR DKK October 2023
MYR DKK November 2023
MYR DKK December 2023
MYR DKK January 2024
MYR DKK February 2024
MYR DKK March 2024
MYR DKK April 2024
MYR DKK May 2024
MYR DKK June 2024
MYR DKK July 2024