Norwegian krone danish krone exchange rate history (NOK DKK) November 2023

Norwegian krone danish krone history for November 2023. The highest quote for this month is 0.63791 (21/11/2023) and the lowest 0.64089 (22/11/2023). The difference between high and low is -0.47.

NOK DKK average rate for November 2023 is 0.63241, the change between 01/11/2023 and 30/11/2023 is -0.93 %.

01 November 2023	1 NOK = 0.6320 DKK
02 November 2023	1 NOK = 0.6331 DKK
03 November 2023	1 NOK = 0.6304 DKK
06 November 2023	1 NOK = 0.6307 DKK
07 November 2023	1 NOK = 0.6294 DKK
08 November 2023	1 NOK = 0.6234 DKK
09 November 2023	1 NOK = 0.6232 DKK
10 November 2023	1 NOK = 0.6232 DKK
12 November 2023	1 NOK = 0.6281 DKK
13 November 2023	1 NOK = 0.6286 DKK
14 November 2023	1 NOK = 0.6294 DKK
15 November 2023	1 NOK = 0.6307 DKK
16 November 2023	1 NOK = 0.6363 DKK
17 November 2023	1 NOK = 0.6284 DKK
19 November 2023	1 NOK = 0.6323 DKK
20 November 2023	1 NOK = 0.6321 DKK
21 November 2023	1 NOK = 0.6369 DKK
22 November 2023	1 NOK = 0.6408 DKK
23 November 2023	1 NOK = 0.6368 DKK
24 November 2023	1 NOK = 0.6347 DKK
26 November 2023	1 NOK = 0.6366 DKK
27 November 2023	1 NOK = 0.6366 DKK
28 November 2023	1 NOK = 0.6401 DKK
29 November 2023	1 NOK = 0.6388 DKK
30 November 2023	1 NOK = 0.6379 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.

Historic Norwegian krone Danish Krone