Historic Maldivian rufiyaa Danish Krone

Maldivian rufiyaa danish krone history for October 2023. The highest quote for this month is 0.46957 (03/10/2023) and the lowest 0.46764 (03/10/2023). The difference between high and low is 0.41.

MVR DKK average rate for October 2023 is 0.4624, the change between 01/10/2023 and 31/10/2023 is -0.78 %.

01 October 20231 MVR = 0.4575 DKK
02 October 20231 MVR = 0.4628 DKK
03 October 20231 MVR = 0.4681 DKK
04 October 20231 MVR = 0.4671 DKK
05 October 20231 MVR = 0.4651 DKK
06 October 20231 MVR = 0.4633 DKK
09 October 20231 MVR = 0.4627 DKK
10 October 20231 MVR = 0.4622 DKK
11 October 20231 MVR = 0.4610 DKK
12 October 20231 MVR = 0.4603 DKK
13 October 20231 MVR = 0.4641 DKK
16 October 20231 MVR = 0.4663 DKK
17 October 20231 MVR = 0.4646 DKK
18 October 20231 MVR = 0.4640 DKK
19 October 20231 MVR = 0.4643 DKK
20 October 20231 MVR = 0.4620 DKK
21 October 20231 MVR = 0.4566 DKK
22 October 20231 MVR = 0.4569 DKK
23 October 20231 MVR = 0.4620 DKK
24 October 20231 MVR = 0.4587 DKK
25 October 20231 MVR = 0.4619 DKK
26 October 20231 MVR = 0.4631 DKK
27 October 20231 MVR = 0.4633 DKK
28 October 20231 MVR = 0.4646 DKK
29 October 20231 MVR = 0.4579 DKK
30 October 20231 MVR = 0.4634 DKK
31 October 20231 MVR = 0.4611 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

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.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

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.