Historic Australian dollar Danish Krone

Australian dollar danish krone history for November 2023. The highest quote for this month is 4.5235 (02/11/2023) and the lowest 4.525 (07/11/2023). The difference between high and low is -0.03.

AUD DKK average rate for November 2023 is 4.47825, the change between 01/11/2023 and 30/11/2023 is -0.55 %.

01 November 20231 AUD = 4.473 DKK
02 November 20231 AUD = 4.528 DKK
03 November 20231 AUD = 4.519 DKK
06 November 20231 AUD = 4.531 DKK
07 November 20231 AUD = 4.516 DKK
08 November 20231 AUD = 4.484 DKK
09 November 20231 AUD = 4.461 DKK
10 November 20231 AUD = 4.447 DKK
12 November 20231 AUD = 4.437 DKK
13 November 20231 AUD = 4.440 DKK
14 November 20231 AUD = 4.447 DKK
15 November 20231 AUD = 4.457 DKK
16 November 20231 AUD = 4.475 DKK
17 November 20231 AUD = 4.446 DKK
19 November 20231 AUD = 4.451 DKK
20 November 20231 AUD = 4.454 DKK
21 November 20231 AUD = 4.471 DKK
22 November 20231 AUD = 4.479 DKK
23 November 20231 AUD = 4.479 DKK
24 November 20231 AUD = 4.485 DKK
26 November 20231 AUD = 4.488 DKK
27 November 20231 AUD = 4.484 DKK
28 November 20231 AUD = 4.499 DKK
29 November 20231 AUD = 4.511 DKK
30 November 20231 AUD = 4.497 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.