Historic Albanian lek Danish Krone

Albanian lek danish krone history for November 2023. The highest quote for this month is 0.075055 (30/11/2023) and the lowest 0.074621 (27/11/2023). The difference between high and low is 0.58.

ALL DKK average rate for November 2023 is 0.07253, the change between 01/11/2023 and 30/11/2023 is -2.52 %.

01 November 20231 ALL = 0.0713 DKK
02 November 20231 ALL = 0.0709 DKK
03 November 20231 ALL = 0.0728 DKK
06 November 20231 ALL = 0.0727 DKK
07 November 20231 ALL = 0.0716 DKK
08 November 20231 ALL = 0.0717 DKK
09 November 20231 ALL = 0.0715 DKK
10 November 20231 ALL = 0.0716 DKK
13 November 20231 ALL = 0.0733 DKK
14 November 20231 ALL = 0.0719 DKK
15 November 20231 ALL = 0.0720 DKK
16 November 20231 ALL = 0.0721 DKK
17 November 20231 ALL = 0.0721 DKK
20 November 20231 ALL = 0.0736 DKK
21 November 20231 ALL = 0.0720 DKK
22 November 20231 ALL = 0.0722 DKK
23 November 20231 ALL = 0.0743 DKK
24 November 20231 ALL = 0.0743 DKK
27 November 20231 ALL = 0.0747 DKK
28 November 20231 ALL = 0.0732 DKK
29 November 20231 ALL = 0.0728 DKK
30 November 20231 ALL = 0.0731 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.

31/12/2011: Replacement of 1 Lek coin

The 1 lek coin was demonetized and replaced by a banknote. The decision was made due to the high cost of producing the coin.

19/09/2000: Referendum on Euro Membership

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

08/02/2000: Introduction of new banknotes and coins

A new series of banknotes and coins were introduced, featuring enhanced security features and updated designs.

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.

02/03/1997: Collapse of pyramid schemes

The collapse of pyramid schemes in Albania caused a severe economic crisis, resulting in hyperinflation and a significant devaluation of the lek.

26/06/1992: Transition to a market economy

Albania transitioned to a market economy, leading to a significant depreciation of the lek. The exchange rate changed to 1 lek = 9.3 old lek.

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.

01/10/1965: Introduction of the new lek

A new series of banknotes and coins were introduced, marking the transition to the new lek. The exchange rate was set at 1 new lek = 10 old lek.

22/12/1947: Albania becomes a communist state

Following the establishment of a communist regime in Albania, the currency underwent a major devaluation, with the exchange rate changing to 1 lek = 12.5 old lek.

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.

01/09/1926: Introduction of the Albanian lek

The lek was introduced as the official currency of Albania, replacing the previous currency, the Turkish lira. The exchange rate was set at 1 lek = 35 Turkish lira.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.