Mexican peso danish krone exchange rate history (MXN DKK) December 2023

Mexican peso danish krone history for December 2023. The highest quote for this month is 0.39905 (10/12/2023) and the lowest 0.40042 (06/12/2023). The difference between high and low is -0.34.

MXN DKK average rate for December 2023 is 0.39757, the change between 01/12/2023 and 31/12/2023 is -1.05 %.

01 December 2023	1 MXN = 0.3939 DKK
03 December 2023	1 MXN = 0.3987 DKK
04 December 2023	1 MXN = 0.3982 DKK
05 December 2023	1 MXN = 0.3941 DKK
06 December 2023	1 MXN = 0.3979 DKK
07 December 2023	1 MXN = 0.4006 DKK
08 December 2023	1 MXN = 0.3955 DKK
10 December 2023	1 MXN = 0.3995 DKK
11 December 2023	1 MXN = 0.3992 DKK
12 December 2023	1 MXN = 0.3987 DKK
13 December 2023	1 MXN = 0.3990 DKK
14 December 2023	1 MXN = 0.3969 DKK
15 December 2023	1 MXN = 0.3945 DKK
16 December 2023	1 MXN = 0.3976 DKK
17 December 2023	1 MXN = 0.3967 DKK
18 December 2023	1 MXN = 0.3973 DKK
19 December 2023	1 MXN = 0.3976 DKK
20 December 2023	1 MXN = 0.3980 DKK
21 December 2023	1 MXN = 0.3976 DKK
22 December 2023	1 MXN = 0.3977 DKK
24 December 2023	1 MXN = 0.3983 DKK
25 December 2023	1 MXN = 0.3986 DKK
26 December 2023	1 MXN = 0.3985 DKK
27 December 2023	1 MXN = 0.3977 DKK
28 December 2023	1 MXN = 0.3968 DKK
29 December 2023	1 MXN = 0.3973 DKK
31 December 2023	1 MXN = 0.3980 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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

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.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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 Mexican peso Danish Krone