Historic Danish Krone Brazilian Real

Danish Krone brazilian real history for February 2024. The highest quote for this month is 0.72553 (25/02/2024) and the lowest 0.72564 (25/02/2024). The difference between high and low is -0.02.

DKK BRL average rate for February 2024 is 0.71815, the change between 01/02/2024 and 29/02/2024 is -0.65 %.

01 February 20241 DKK = 0.7177 BRL
02 February 20241 DKK = 0.7171 BRL
03 February 20241 DKK = 0.7196 BRL
04 February 20241 DKK = 0.7196 BRL
05 February 20241 DKK = 0.7135 BRL
06 February 20241 DKK = 0.7130 BRL
07 February 20241 DKK = 0.7157 BRL
08 February 20241 DKK = 0.7181 BRL
09 February 20241 DKK = 0.7217 BRL
12 February 20241 DKK = 0.7175 BRL
13 February 20241 DKK = 0.7157 BRL
14 February 20241 DKK = 0.7115 BRL
15 February 20241 DKK = 0.7153 BRL
16 February 20241 DKK = 0.7187 BRL
17 February 20241 DKK = 0.7180 BRL
18 February 20241 DKK = 0.7182 BRL
19 February 20241 DKK = 0.7184 BRL
20 February 20241 DKK = 0.7165 BRL
21 February 20241 DKK = 0.7145 BRL
22 February 20241 DKK = 0.7164 BRL
23 February 20241 DKK = 0.7207 BRL
25 February 20241 DKK = 0.7255 BRL
26 February 20241 DKK = 0.7248 BRL
27 February 20241 DKK = 0.7248 BRL
28 February 20241 DKK = 0.7175 BRL
29 February 20241 DKK = 0.7223 BRL

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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

19/09/2000: Referendum on Euro Membership

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

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

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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