Historic Australian dollar Danish Krone

Australian dollar danish krone history for December 2023. The highest quote for this month is 4.6088 (27/12/2023) and the lowest 4.7972 (25/12/2023). The difference between high and low is -4.09.

AUD DKK average rate for December 2023 is 4.57205, the change between 01/12/2023 and 31/12/2023 is -1.73 %.

01 December 20231 AUD = 4.522 DKK
03 December 20231 AUD = 4.565 DKK
04 December 20231 AUD = 4.574 DKK
05 December 20231 AUD = 4.552 DKK
06 December 20231 AUD = 4.527 DKK
07 December 20231 AUD = 4.537 DKK
08 December 20231 AUD = 4.556 DKK
09 December 20231 AUD = 4.556 DKK
10 December 20231 AUD = 4.553 DKK
11 December 20231 AUD = 4.557 DKK
12 December 20231 AUD = 4.546 DKK
13 December 20231 AUD = 4.533 DKK
14 December 20231 AUD = 4.566 DKK
15 December 20231 AUD = 4.546 DKK
16 December 20231 AUD = 4.581 DKK
17 December 20231 AUD = 4.581 DKK
18 December 20231 AUD = 4.583 DKK
19 December 20231 AUD = 4.575 DKK
20 December 20231 AUD = 4.592 DKK
21 December 20231 AUD = 4.592 DKK
22 December 20231 AUD = 4.604 DKK
24 December 20231 AUD = 4.604 DKK
25 December 20231 AUD = 4.608 DKK
26 December 20231 AUD = 4.604 DKK
27 December 20231 AUD = 4.607 DKK
28 December 20231 AUD = 4.600 DKK
29 December 20231 AUD = 4.597 DKK
31 December 20231 AUD = 4.600 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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.