Malaysian ringgit danish krone exchange rate history (MYR DKK) November 2023

Malaysian ringgit danish krone history for November 2023. The highest quote for this month is 1.4951 (07/11/2023) and the lowest 1.5017 (07/11/2023). The difference between high and low is -0.44.

MYR DKK average rate for November 2023 is 1.4717, the change between 01/11/2023 and 30/11/2023 is +1.84 %.

01 November 2023	1 MYR = 1.482 DKK
02 November 2023	1 MYR = 1.478 DKK
03 November 2023	1 MYR = 1.480 DKK
06 November 2023	1 MYR = 1.471 DKK
07 November 2023	1 MYR = 1.502 DKK
08 November 2023	1 MYR = 1.505 DKK
09 November 2023	1 MYR = 1.488 DKK
10 November 2023	1 MYR = 1.491 DKK
12 November 2023	1 MYR = 1.483 DKK
13 November 2023	1 MYR = 1.487 DKK
14 November 2023	1 MYR = 1.481 DKK
15 November 2023	1 MYR = 1.454 DKK
16 November 2023	1 MYR = 1.472 DKK
17 November 2023	1 MYR = 1.471 DKK
19 November 2023	1 MYR = 1.460 DKK
20 November 2023	1 MYR = 1.464 DKK
21 November 2023	1 MYR = 1.461 DKK
22 November 2023	1 MYR = 1.469 DKK
23 November 2023	1 MYR = 1.464 DKK
24 November 2023	1 MYR = 1.462 DKK
26 November 2023	1 MYR = 1.455 DKK
27 November 2023	1 MYR = 1.455 DKK
28 November 2023	1 MYR = 1.453 DKK
29 November 2023	1 MYR = 1.450 DKK
30 November 2023	1 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.

Historic Malaysian ringgit Danish Krone