Historic Australian dollar Danish Krone

Australian dollar danish krone history for October 2023. The highest quote for this month is 4.5376 (01/10/2023) and the lowest 4.5401 (01/10/2023). The difference between high and low is -0.06.

AUD DKK average rate for October 2023 is 4.48536, the change between 01/10/2023 and 31/10/2023 is +1.31 %.

01 October 20231 AUD = 4.540 DKK
02 October 20231 AUD = 4.543 DKK
03 October 20231 AUD = 4.527 DKK
04 October 20231 AUD = 4.494 DKK
05 October 20231 AUD = 4.492 DKK
06 October 20231 AUD = 4.504 DKK
09 October 20231 AUD = 4.496 DKK
10 October 20231 AUD = 4.525 DKK
11 October 20231 AUD = 4.523 DKK
12 October 20231 AUD = 4.505 DKK
13 October 20231 AUD = 4.471 DKK
16 October 20231 AUD = 4.475 DKK
17 October 20231 AUD = 4.479 DKK
18 October 20231 AUD = 4.490 DKK
19 October 20231 AUD = 4.483 DKK
20 October 20231 AUD = 4.460 DKK
21 October 20231 AUD = 4.447 DKK
22 October 20231 AUD = 4.451 DKK
23 October 20231 AUD = 4.453 DKK
24 October 20231 AUD = 4.432 DKK
25 October 20231 AUD = 4.481 DKK
26 October 20231 AUD = 4.447 DKK
27 October 20231 AUD = 4.476 DKK
28 October 20231 AUD = 4.474 DKK
29 October 20231 AUD = 4.474 DKK
30 October 20231 AUD = 4.479 DKK
31 October 20231 AUD = 4.480 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.