Historic Australian dollar Danish Krone

Australian dollar danish krone history for January 2024. The highest quote for this month is 4.6079 (02/01/2024) and the lowest 4.6176 (02/01/2024). The difference between high and low is -0.21.

AUD DKK average rate for January 2024 is 4.54555, the change between 01/01/2024 and 31/01/2024 is +1.56 %.

01 January 20241 AUD = 4.605 DKK
02 January 20241 AUD = 4.600 DKK
03 January 20241 AUD = 4.610 DKK
04 January 20241 AUD = 4.598 DKK
05 January 20241 AUD = 4.569 DKK
06 January 20241 AUD = 4.577 DKK
07 January 20241 AUD = 4.577 DKK
08 January 20241 AUD = 4.578 DKK
09 January 20241 AUD = 4.577 DKK
10 January 20241 AUD = 4.560 DKK
11 January 20241 AUD = 4.555 DKK
12 January 20241 AUD = 4.549 DKK
13 January 20241 AUD = 4.553 DKK
14 January 20241 AUD = 4.554 DKK
15 January 20241 AUD = 4.557 DKK
16 January 20241 AUD = 4.532 DKK
17 January 20241 AUD = 4.517 DKK
18 January 20241 AUD = 4.489 DKK
19 January 20241 AUD = 4.512 DKK
20 January 20241 AUD = 4.516 DKK
21 January 20241 AUD = 4.512 DKK
22 January 20241 AUD = 4.516 DKK
23 January 20241 AUD = 4.505 DKK
24 January 20241 AUD = 4.522 DKK
25 January 20241 AUD = 4.506 DKK
26 January 20241 AUD = 4.526 DKK
27 January 20241 AUD = 4.516 DKK
28 January 20241 AUD = 4.520 DKK
29 January 20241 AUD = 4.522 DKK
30 January 20241 AUD = 4.550 DKK
31 January 20241 AUD = 4.533 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.
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