Historic Mexican peso Danish Krone

Mexican peso danish krone history for January 2024. The highest quote for this month is 0.40381 (08/01/2024) and the lowest 0.40498 (08/01/2024). The difference between high and low is -0.29.

MXN DKK average rate for January 2024 is 0.40075, the change between 01/01/2024 and 31/01/2024 is -0.69 %.

01 January 20241 MXN = 0.3980 DKK
02 January 20241 MXN = 0.3981 DKK
03 January 20241 MXN = 0.4004 DKK
04 January 20241 MXN = 0.4012 DKK
05 January 20241 MXN = 0.4005 DKK
06 January 20241 MXN = 0.4042 DKK
07 January 20241 MXN = 0.4044 DKK
08 January 20241 MXN = 0.4037 DKK
09 January 20241 MXN = 0.4046 DKK
10 January 20241 MXN = 0.4021 DKK
11 January 20241 MXN = 0.4001 DKK
12 January 20241 MXN = 0.4018 DKK
14 January 20241 MXN = 0.4034 DKK
15 January 20241 MXN = 0.4039 DKK
16 January 20241 MXN = 0.4036 DKK
17 January 20241 MXN = 0.3986 DKK
18 January 20241 MXN = 0.3985 DKK
19 January 20241 MXN = 0.3992 DKK
21 January 20241 MXN = 0.3992 DKK
22 January 20241 MXN = 0.4005 DKK
23 January 20241 MXN = 0.3992 DKK
24 January 20241 MXN = 0.3968 DKK
25 January 20241 MXN = 0.3976 DKK
26 January 20241 MXN = 0.3998 DKK
27 January 20241 MXN = 0.4008 DKK
28 January 20241 MXN = 0.4007 DKK
29 January 20241 MXN = 0.4004 DKK
30 January 20241 MXN = 0.3995 DKK
31 January 20241 MXN = 0.4008 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.