Historic Brazilian Real Danish Krone

Brazilian Real danish krone history for January 2024. The highest quote for this month is 1.4018 (14/01/2024) and the lowest 1.4063 (15/01/2024). The difference between high and low is -0.32.

BRL DKK average rate for January 2024 is 1.39319, the change between 01/01/2024 and 31/01/2024 is +0.24 %.

01 January 20241 BRL = 1.392 DKK
02 January 20241 BRL = 1.392 DKK
03 January 20241 BRL = 1.384 DKK
04 January 20241 BRL = 1.388 DKK
05 January 20241 BRL = 1.392 DKK
06 January 20241 BRL = 1.398 DKK
07 January 20241 BRL = 1.398 DKK
08 January 20241 BRL = 1.402 DKK
09 January 20241 BRL = 1.399 DKK
10 January 20241 BRL = 1.391 DKK
11 January 20241 BRL = 1.389 DKK
12 January 20241 BRL = 1.394 DKK
14 January 20241 BRL = 1.402 DKK
15 January 20241 BRL = 1.404 DKK
16 January 20241 BRL = 1.402 DKK
17 January 20241 BRL = 1.392 DKK
18 January 20241 BRL = 1.389 DKK
19 January 20241 BRL = 1.391 DKK
22 January 20241 BRL = 1.396 DKK
23 January 20241 BRL = 1.375 DKK
24 January 20241 BRL = 1.387 DKK
25 January 20241 BRL = 1.389 DKK
26 January 20241 BRL = 1.398 DKK
28 January 20241 BRL = 1.398 DKK
29 January 20241 BRL = 1.399 DKK
30 January 20241 BRL = 1.390 DKK
31 January 20241 BRL = 1.389 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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