Historic Norwegian krone Danish Krone

Norwegian krone danish krone history for January 2024. The highest quote for this month is 0.66397 (01/01/2024) and the lowest 0.66599 (02/01/2024). The difference between high and low is -0.3.

NOK DKK average rate for January 2024 is 0.65845, the change between 01/01/2024 and 31/01/2024 is +0.87 %.

01 January 20241 NOK = 0.6644 DKK
02 January 20241 NOK = 0.6661 DKK
03 January 20241 NOK = 0.6587 DKK
04 January 20241 NOK = 0.6608 DKK
05 January 20241 NOK = 0.6619 DKK
06 January 20241 NOK = 0.6621 DKK
07 January 20241 NOK = 0.6621 DKK
08 January 20241 NOK = 0.6617 DKK
09 January 20241 NOK = 0.6575 DKK
10 January 20241 NOK = 0.6585 DKK
11 January 20241 NOK = 0.6568 DKK
12 January 20241 NOK = 0.6599 DKK
15 January 20241 NOK = 0.6623 DKK
16 January 20241 NOK = 0.6584 DKK
17 January 20241 NOK = 0.6554 DKK
18 January 20241 NOK = 0.6523 DKK
19 January 20241 NOK = 0.6512 DKK
22 January 20241 NOK = 0.6533 DKK
23 January 20241 NOK = 0.6518 DKK
24 January 20241 NOK = 0.6541 DKK
25 January 20241 NOK = 0.6547 DKK
26 January 20241 NOK = 0.6587 DKK
29 January 20241 NOK = 0.6594 DKK
30 January 20241 NOK = 0.6605 DKK
31 January 20241 NOK = 0.6586 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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

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.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

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.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.