Historic Danish Krone Cambodian Riel

Danish Krone cambodian riel history for November 2023. The highest quote for this month is 603.49 (29/11/2023) and the lowest 602.38 (26/11/2023). The difference between high and low is 0.18.

DKK KHR average rate for November 2023 is 591.8636, the change between 01/11/2023 and 30/11/2023 is -3.36 %.

01 November 20231 DKK = 584.7 KHR
02 November 20231 DKK = 584.6 KHR
03 November 20231 DKK = 573.2 KHR
06 November 20231 DKK = 575.3 KHR
07 November 20231 DKK = 591.8 KHR
08 November 20231 DKK = 590.9 KHR
09 November 20231 DKK = 590.2 KHR
10 November 20231 DKK = 587.2 KHR
12 November 20231 DKK = 588.8 KHR
13 November 20231 DKK = 575.6 KHR
14 November 20231 DKK = 589.0 KHR
15 November 20231 DKK = 598.5 KHR
16 November 20231 DKK = 598.0 KHR
17 November 20231 DKK = 597.5 KHR
19 November 20231 DKK = 601.8 KHR
20 November 20231 DKK = 586.3 KHR
21 November 20231 DKK = 602.2 KHR
22 November 20231 DKK = 601.0 KHR
23 November 20231 DKK = 587.1 KHR
24 November 20231 DKK = 588.7 KHR
26 November 20231 DKK = 602.2 KHR
27 November 20231 DKK = 588.4 KHR
28 November 20231 DKK = 603.5 KHR
29 November 20231 DKK = 606.0 KHR
30 November 20231 DKK = 604.3 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.
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