Danish Krone cambodian riel exchange rate history (DKK KHR) December 2023

Danish Krone cambodian riel history for December 2023. The highest quote for this month is 606.74 (28/12/2023) and the lowest 606.31 (26/12/2023). The difference between high and low is 0.07.

DKK KHR average rate for December 2023 is 596.12, the change between 01/12/2023 and 31/12/2023 is -1.61 %.

01 December 2023	1 DKK = 587.9 KHR
03 December 2023	1 DKK = 599.0 KHR
04 December 2023	1 DKK = 588.2 KHR
05 December 2023	1 DKK = 596.3 KHR
06 December 2023	1 DKK = 594.2 KHR
07 December 2023	1 DKK = 581.4 KHR
08 December 2023	1 DKK = 594.0 KHR
10 December 2023	1 DKK = 592.9 KHR
11 December 2023	1 DKK = 581.8 KHR
12 December 2023	1 DKK = 592.1 KHR
13 December 2023	1 DKK = 581.7 KHR
14 December 2023	1 DKK = 598.9 KHR
15 December 2023	1 DKK = 605.3 KHR
16 December 2023	1 DKK = 599.8 KHR
17 December 2023	1 DKK = 599.8 KHR
18 December 2023	1 DKK = 590.6 KHR
19 December 2023	1 DKK = 600.8 KHR
20 December 2023	1 DKK = 604.6 KHR
21 December 2023	1 DKK = 601.8 KHR
22 December 2023	1 DKK = 604.2 KHR
24 December 2023	1 DKK = 604.8 KHR
25 December 2023	1 DKK = 593.4 KHR
26 December 2023	1 DKK = 594.0 KHR
27 December 2023	1 DKK = 605.9 KHR
28 December 2023	1 DKK = 608.7 KHR
29 December 2023	1 DKK = 597.3 KHR

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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

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.

Historic Danish Krone Cambodian Riel