Historic Norwegian krone Danish Krone

Norwegian krone danish krone history for October 2023. The highest quote for this month is 0.66067 (01/10/2023) and the lowest 0.66088 (02/10/2023). The difference between high and low is -0.03.

NOK DKK average rate for October 2023 is 0.64396, the change between 01/10/2023 and 31/10/2023 is +4.43 %.

01 October 20231 NOK = 0.6607 DKK
02 October 20231 NOK = 0.6607 DKK
03 October 20231 NOK = 0.6554 DKK
04 October 20231 NOK = 0.6503 DKK
05 October 20231 NOK = 0.6449 DKK
06 October 20231 NOK = 0.6454 DKK
09 October 20231 NOK = 0.6483 DKK
10 October 20231 NOK = 0.6543 DKK
11 October 20231 NOK = 0.6508 DKK
12 October 20231 NOK = 0.6470 DKK
13 October 20231 NOK = 0.6456 DKK
16 October 20231 NOK = 0.6492 DKK
17 October 20231 NOK = 0.6468 DKK
18 October 20231 NOK = 0.6444 DKK
19 October 20231 NOK = 0.6403 DKK
20 October 20231 NOK = 0.6413 DKK
23 October 20231 NOK = 0.6368 DKK
24 October 20231 NOK = 0.6316 DKK
25 October 20231 NOK = 0.6314 DKK
26 October 20231 NOK = 0.6305 DKK
27 October 20231 NOK = 0.6318 DKK
30 October 20231 NOK = 0.6323 DKK
31 October 20231 NOK = 0.6314 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.