Historic Pakistani rupee Danish Krone

Pakistani rupee danish krone history for February 2024. The highest quote for this month is 0.025049 (13/02/2024) and the lowest 0.025131 (06/02/2024). The difference between high and low is -0.33.

PKR DKK average rate for February 2024 is 0.0248, the change between 01/02/2024 and 29/02/2024 is -0.4 %.

01 February 20241 PKR = 0.0247 DKK
02 February 20241 PKR = 0.0246 DKK
03 February 20241 PKR = 0.0247 DKK
04 February 20241 PKR = 0.0247 DKK
05 February 20241 PKR = 0.0249 DKK
06 February 20241 PKR = 0.0252 DKK
07 February 20241 PKR = 0.0248 DKK
08 February 20241 PKR = 0.0248 DKK
09 February 20241 PKR = 0.0248 DKK
10 February 20241 PKR = 0.0247 DKK
12 February 20241 PKR = 0.0251 DKK
13 February 20241 PKR = 0.0248 DKK
14 February 20241 PKR = 0.0250 DKK
15 February 20241 PKR = 0.0249 DKK
16 February 20241 PKR = 0.0248 DKK
17 February 20241 PKR = 0.0248 DKK
18 February 20241 PKR = 0.0248 DKK
19 February 20241 PKR = 0.0249 DKK
20 February 20241 PKR = 0.0251 DKK
21 February 20241 PKR = 0.0247 DKK
22 February 20241 PKR = 0.0247 DKK
23 February 20241 PKR = 0.0247 DKK
25 February 20241 PKR = 0.0246 DKK
26 February 20241 PKR = 0.0248 DKK
27 February 20241 PKR = 0.0247 DKK
28 February 20241 PKR = 0.0246 DKK
29 February 20241 PKR = 0.0248 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.