Historic Cambodian Riel Danish Krone

Cambodian Riel danish krone history for February 2024. The highest quote for this month is 0.001749 (13/02/2024) and the lowest 0.001745 (14/02/2024). The difference between high and low is 0.23.

KHR DKK average rate for February 2024 is 0.0017, the change between 01/02/2024 and 29/02/2024 is +0.24 %.

01 February 20241 KHR = 0.0017 DKK
02 February 20241 KHR = 0.0017 DKK
03 February 20241 KHR = 0.0017 DKK
04 February 20241 KHR = 0.0017 DKK
05 February 20241 KHR = 0.0017 DKK
06 February 20241 KHR = 0.0017 DKK
07 February 20241 KHR = 0.0017 DKK
08 February 20241 KHR = 0.0017 DKK
09 February 20241 KHR = 0.0017 DKK
12 February 20241 KHR = 0.0017 DKK
13 February 20241 KHR = 0.0017 DKK
14 February 20241 KHR = 0.0017 DKK
15 February 20241 KHR = 0.0017 DKK
16 February 20241 KHR = 0.0017 DKK
17 February 20241 KHR = 0.0017 DKK
18 February 20241 KHR = 0.0017 DKK
19 February 20241 KHR = 0.0017 DKK
20 February 20241 KHR = 0.0017 DKK
21 February 20241 KHR = 0.0017 DKK
22 February 20241 KHR = 0.0017 DKK
23 February 20241 KHR = 0.0017 DKK
25 February 20241 KHR = 0.0017 DKK
26 February 20241 KHR = 0.0017 DKK
27 February 20241 KHR = 0.0017 DKK
28 February 20241 KHR = 0.0017 DKK
29 February 20241 KHR = 0.0017 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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

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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