Historic Danish Krone Australian dollar

Danish Krone australian dollar history for February 2024. The highest quote for this month is 0.22347 (29/02/2024) and the lowest 0.22303 (29/02/2024). The difference between high and low is 0.2.

DKK AUD average rate for February 2024 is 0.22178, the change between 01/02/2024 and 29/02/2024 is -1.37 %.

01 February 20241 DKK = 0.2209 AUD
02 February 20241 DKK = 0.2219 AUD
03 February 20241 DKK = 0.2222 AUD
04 February 20241 DKK = 0.2222 AUD
05 February 20241 DKK = 0.2223 AUD
06 February 20241 DKK = 0.2223 AUD
07 February 20241 DKK = 0.2209 AUD
08 February 20241 DKK = 0.2216 AUD
09 February 20241 DKK = 0.2225 AUD
10 February 20241 DKK = 0.2217 AUD
11 February 20241 DKK = 0.2219 AUD
12 February 20241 DKK = 0.2220 AUD
13 February 20241 DKK = 0.2214 AUD
14 February 20241 DKK = 0.2226 AUD
15 February 20241 DKK = 0.2215 AUD
16 February 20241 DKK = 0.2215 AUD
17 February 20241 DKK = 0.2212 AUD
18 February 20241 DKK = 0.2212 AUD
19 February 20241 DKK = 0.2213 AUD
20 February 20241 DKK = 0.2214 AUD
21 February 20241 DKK = 0.2213 AUD
22 February 20241 DKK = 0.2215 AUD
23 February 20241 DKK = 0.2214 AUD
25 February 20241 DKK = 0.2214 AUD
26 February 20241 DKK = 0.2211 AUD
27 February 20241 DKK = 0.2226 AUD
28 February 20241 DKK = 0.2223 AUD
29 February 20241 DKK = 0.2239 AUD

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.
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