Historic Pakistani rupee Danish Krone

Pakistani rupee danish krone history for December 2023. The highest quote for this month is 0.024569 (04/12/2023) and the lowest 0.02452 (20/12/2023). The difference between high and low is 0.2.

PKR DKK average rate for December 2023 is 0.02422, the change between 01/12/2023 and 31/12/2023 is +0.9 %.

01 December 20231 PKR = 0.0241 DKK
03 December 20231 PKR = 0.0240 DKK
04 December 20231 PKR = 0.0244 DKK
05 December 20231 PKR = 0.0242 DKK
06 December 20231 PKR = 0.0243 DKK
07 December 20231 PKR = 0.0245 DKK
08 December 20231 PKR = 0.0244 DKK
09 December 20231 PKR = 0.0244 DKK
10 December 20231 PKR = 0.0244 DKK
11 December 20231 PKR = 0.0245 DKK
12 December 20231 PKR = 0.0244 DKK
13 December 20231 PKR = 0.0245 DKK
14 December 20231 PKR = 0.0242 DKK
15 December 20231 PKR = 0.0240 DKK
16 December 20231 PKR = 0.0242 DKK
17 December 20231 PKR = 0.0242 DKK
18 December 20231 PKR = 0.0244 DKK
19 December 20231 PKR = 0.0245 DKK
20 December 20231 PKR = 0.0240 DKK
21 December 20231 PKR = 0.0241 DKK
22 December 20231 PKR = 0.0240 DKK
24 December 20231 PKR = 0.0240 DKK
25 December 20231 PKR = 0.0244 DKK
26 December 20231 PKR = 0.0243 DKK
27 December 20231 PKR = 0.0239 DKK
28 December 20231 PKR = 0.0238 DKK
29 December 20231 PKR = 0.0239 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.

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

19/09/2000: Referendum on Euro Membership

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

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

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.