Historic Danish Krone Brazilian Real

Danish Krone brazilian real history for October 2023. The highest quote for this month is 0.73322 (06/10/2023) and the lowest 0.72941 (09/10/2023). The difference between high and low is 0.52.

DKK BRL average rate for October 2023 is 0.71558, the change between 01/10/2023 and 31/10/2023 is -0.61 %.

01 October 20231 DKK = 0.7132 BRL
02 October 20231 DKK = 0.7145 BRL
03 October 20231 DKK = 0.7114 BRL
04 October 20231 DKK = 0.7253 BRL
05 October 20231 DKK = 0.7263 BRL
06 October 20231 DKK = 0.7306 BRL
09 October 20231 DKK = 0.7293 BRL
10 October 20231 DKK = 0.7286 BRL
11 October 20231 DKK = 0.7184 BRL
12 October 20231 DKK = 0.7194 BRL
13 October 20231 DKK = 0.7130 BRL
16 October 20231 DKK = 0.7122 BRL
17 October 20231 DKK = 0.7128 BRL
18 October 20231 DKK = 0.7138 BRL
19 October 20231 DKK = 0.7141 BRL
20 October 20231 DKK = 0.7182 BRL
21 October 20231 DKK = 0.7147 BRL
22 October 20231 DKK = 0.7143 BRL
23 October 20231 DKK = 0.7141 BRL
24 October 20231 DKK = 0.7166 BRL
25 October 20231 DKK = 0.7085 BRL
26 October 20231 DKK = 0.7072 BRL
27 October 20231 DKK = 0.7056 BRL
28 October 20231 DKK = 0.7102 BRL
29 October 20231 DKK = 0.7100 BRL
30 October 20231 DKK = 0.7008 BRL
31 October 20231 DKK = 0.7176 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.