Historic Moroccan dirham Danish Krone

Moroccan dirham danish krone history for August 2023. The highest quote for this month is 0.72238 (09/08/2023) and the lowest 0.72232 (07/08/2023). The difference between high and low is 0.01.

MAD DKK average rate for August 2023 is 0.70064, the change between 01/08/2023 and 31/08/2023 is -1.17 %.

01 August 20231 MAD = 0.6880 DKK
02 August 20231 MAD = 0.6864 DKK
03 August 20231 MAD = 0.7086 DKK
04 August 20231 MAD = 0.6928 DKK
07 August 20231 MAD = 0.7232 DKK
08 August 20231 MAD = 0.7111 DKK
09 August 20231 MAD = 0.7244 DKK
10 August 20231 MAD = 0.7209 DKK
11 August 20231 MAD = 0.7162 DKK
12 August 20231 MAD = 0.6894 DKK
14 August 20231 MAD = 0.7168 DKK
15 August 20231 MAD = 0.6928 DKK
16 August 20231 MAD = 0.6922 DKK
17 August 20231 MAD = 0.6923 DKK
18 August 20231 MAD = 0.6905 DKK
21 August 20231 MAD = 0.7197 DKK
22 August 20231 MAD = 0.6860 DKK
23 August 20231 MAD = 0.6877 DKK
24 August 20231 MAD = 0.6866 DKK
25 August 20231 MAD = 0.6873 DKK
28 August 20231 MAD = 0.7103 DKK
29 August 20231 MAD = 0.6983 DKK
30 August 20231 MAD = 0.6979 DKK
31 August 20231 MAD = 0.6960 DKK

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate 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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.