Historic Brazilian Real Danish Krone

Brazilian Real danish krone history for February 2024. The highest quote for this month is 1.4062 (13/02/2024) and the lowest 1.4075 (03/02/2024). The difference between high and low is -0.09.

BRL DKK average rate for February 2024 is 1.39249, the change between 01/02/2024 and 29/02/2024 is +0.65 %.

01 February 20241 BRL = 1.393 DKK
02 February 20241 BRL = 1.395 DKK
03 February 20241 BRL = 1.390 DKK
04 February 20241 BRL = 1.390 DKK
05 February 20241 BRL = 1.402 DKK
06 February 20241 BRL = 1.403 DKK
07 February 20241 BRL = 1.397 DKK
08 February 20241 BRL = 1.393 DKK
09 February 20241 BRL = 1.386 DKK
12 February 20241 BRL = 1.394 DKK
13 February 20241 BRL = 1.397 DKK
14 February 20241 BRL = 1.406 DKK
15 February 20241 BRL = 1.398 DKK
16 February 20241 BRL = 1.392 DKK
17 February 20241 BRL = 1.393 DKK
18 February 20241 BRL = 1.392 DKK
19 February 20241 BRL = 1.392 DKK
20 February 20241 BRL = 1.396 DKK
21 February 20241 BRL = 1.400 DKK
22 February 20241 BRL = 1.396 DKK
23 February 20241 BRL = 1.388 DKK
25 February 20241 BRL = 1.378 DKK
26 February 20241 BRL = 1.380 DKK
27 February 20241 BRL = 1.380 DKK
28 February 20241 BRL = 1.394 DKK
29 February 20241 BRL = 1.384 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

19/09/2000: Referendum on Euro Membership

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

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

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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