Cayman Islands dollar danish krone exchange rate history (KYD DKK) October 2023

Cayman Islands dollar danish krone history for October 2023. The highest quote for this month is 8.759 (04/10/2023) and the lowest 8.7258 (03/10/2023). The difference between high and low is 0.38.

KYD DKK average rate for October 2023 is 8.66086, the change between 01/10/2023 and 31/10/2023 is -0.43 %.

01 October 2023	1 KYD = 8.60 DKK
02 October 2023	1 KYD = 8.65 DKK
03 October 2023	1 KYD = 8.73 DKK
04 October 2023	1 KYD = 8.74 DKK
05 October 2023	1 KYD = 8.72 DKK
06 October 2023	1 KYD = 8.71 DKK
09 October 2023	1 KYD = 8.70 DKK
10 October 2023	1 KYD = 8.66 DKK
11 October 2023	1 KYD = 8.63 DKK
12 October 2023	1 KYD = 8.62 DKK
13 October 2023	1 KYD = 8.69 DKK
16 October 2023	1 KYD = 8.70 DKK
17 October 2023	1 KYD = 8.68 DKK
18 October 2023	1 KYD = 8.68 DKK
19 October 2023	1 KYD = 8.69 DKK
20 October 2023	1 KYD = 8.66 DKK
21 October 2023	1 KYD = 8.59 DKK
22 October 2023	1 KYD = 8.59 DKK
23 October 2023	1 KYD = 8.67 DKK
24 October 2023	1 KYD = 8.59 DKK
25 October 2023	1 KYD = 8.65 DKK
26 October 2023	1 KYD = 8.67 DKK
27 October 2023	1 KYD = 8.67 DKK
28 October 2023	1 KYD = 8.61 DKK
29 October 2023	1 KYD = 8.61 DKK
30 October 2023	1 KYD = 8.70 DKK
31 October 2023	1 KYD = 8.64 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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

19/09/2000: Referendum on Euro Membership

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

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the 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.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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.

Historic Cayman Islands dollar Danish Krone