Historic Danish Krone Australian dollar

Danish Krone australian dollar history for November 2023. The highest quote for this month is 0.22541 (10/11/2023) and the lowest 0.22516 (10/11/2023). The difference between high and low is 0.11.

DKK AUD average rate for November 2023 is 0.22331, the change between 01/11/2023 and 30/11/2023 is +0.54 %.

01 November 20231 DKK = 0.2236 AUD
02 November 20231 DKK = 0.2208 AUD
03 November 20231 DKK = 0.2213 AUD
06 November 20231 DKK = 0.2207 AUD
07 November 20231 DKK = 0.2215 AUD
08 November 20231 DKK = 0.2230 AUD
09 November 20231 DKK = 0.2242 AUD
10 November 20231 DKK = 0.2249 AUD
12 November 20231 DKK = 0.2254 AUD
13 November 20231 DKK = 0.2253 AUD
14 November 20231 DKK = 0.2249 AUD
15 November 20231 DKK = 0.2244 AUD
16 November 20231 DKK = 0.2235 AUD
17 November 20231 DKK = 0.2249 AUD
19 November 20231 DKK = 0.2247 AUD
20 November 20231 DKK = 0.2245 AUD
21 November 20231 DKK = 0.2237 AUD
22 November 20231 DKK = 0.2233 AUD
23 November 20231 DKK = 0.2233 AUD
24 November 20231 DKK = 0.2230 AUD
26 November 20231 DKK = 0.2228 AUD
27 November 20231 DKK = 0.2230 AUD
28 November 20231 DKK = 0.2223 AUD
29 November 20231 DKK = 0.2217 AUD
30 November 20231 DKK = 0.2224 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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