Historic Danish Krone Australian dollar

Danish Krone australian dollar history for July 2023. The highest quote for this month is 0.22217 (19/07/2023) and the lowest 0.22138 (24/07/2023). The difference between high and low is 0.36.

DKK AUD average rate for July 2023 is 0.22031, the change between 01/07/2023 and 31/07/2023 is -0.95 %.

03 July 20231 DKK = 0.2200 AUD
04 July 20231 DKK = 0.2196 AUD
05 July 20231 DKK = 0.2183 AUD
06 July 20231 DKK = 0.2189 AUD
07 July 20231 DKK = 0.2206 AUD
10 July 20231 DKK = 0.2201 AUD
11 July 20231 DKK = 0.2211 AUD
12 July 20231 DKK = 0.2208 AUD
13 July 20231 DKK = 0.2201 AUD
14 July 20231 DKK = 0.2186 AUD
17 July 20231 DKK = 0.2204 AUD
18 July 20231 DKK = 0.2215 AUD
19 July 20231 DKK = 0.2212 AUD
20 July 20231 DKK = 0.2222 AUD
21 July 20231 DKK = 0.2205 AUD
24 July 20231 DKK = 0.2220 AUD
25 July 20231 DKK = 0.2205 AUD
26 July 20231 DKK = 0.2185 AUD
27 July 20231 DKK = 0.2199 AUD
28 July 20231 DKK = 0.2195 AUD
31 July 20231 DKK = 0.2221 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.