Historic Uzbekistani som Danish Krone

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.

25/02/2020: Introduction of New Large Denomination Banknotes

Uzbekistan introduced new 100,000 and 200,000 som banknotes to meet the requirements of the growing economy and reduce cash circulation.

08/02/2019: Exchange Rate Unification

Uzbekistan unified the official and black-market exchange rates, allowing for more transparency in currency transactions.

03/09/2018: Denomination of Uzbekistani Som

Uzbekistan announced a 1:10,000 denomination of the som, as part of ongoing currency reform.

05/09/2017: Floating Exchange Rate Regime

Uzbekistan transitioned to a floating exchange rate regime, allowing the Uzbekistani Som's value to be determined by market forces.

10/03/2001: Introduction of New Uzbekistani Som

Uzbekistan introduced a new som, with 1 new som equaling 1,000 old soms, as a result of currency reform.

19/09/2000: Referendum on Euro Membership

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

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.

01/07/1994: Redenomination of Uzbekistani Som

Uzbekistan redenominated its currency, with 1 new som replacing 1,000 old soms to combat hyperinflation.

01/07/1993: Introduction of Uzbekistani Som

Uzbekistani Som (UZS) was introduced as the official currency of Uzbekistan after the country gained independence from the Soviet Union.

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.

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.