Danish Krone cayman islands dollar exchange rate history (DKK KYD) December 2023

Danish Krone cayman islands dollar history for December 2023. The highest quote for this month is 0.12144 (31/12/2023) and the lowest 0.12162 (27/12/2023). The difference between high and low is -0.15.

DKK KYD average rate for December 2023 is 0.11953, the change between 01/12/2023 and 31/12/2023 is -1.98 %.

01 December 2023	1 DKK = 0.1191 KYD
03 December 2023	1 DKK = 0.1198 KYD
04 December 2023	1 DKK = 0.1192 KYD
05 December 2023	1 DKK = 0.1185 KYD
06 December 2023	1 DKK = 0.1180 KYD
07 December 2023	1 DKK = 0.1178 KYD
08 December 2023	1 DKK = 0.1180 KYD
09 December 2023	1 DKK = 0.1184 KYD
10 December 2023	1 DKK = 0.1185 KYD
11 December 2023	1 DKK = 0.1179 KYD
12 December 2023	1 DKK = 0.1178 KYD
13 December 2023	1 DKK = 0.1180 KYD
14 December 2023	1 DKK = 0.1190 KYD
15 December 2023	1 DKK = 0.1201 KYD
16 December 2023	1 DKK = 0.1199 KYD
17 December 2023	1 DKK = 0.1199 KYD
18 December 2023	1 DKK = 0.1198 KYD
19 December 2023	1 DKK = 0.1194 KYD
20 December 2023	1 DKK = 0.1199 KYD
21 December 2023	1 DKK = 0.1196 KYD
22 December 2023	1 DKK = 0.1203 KYD
24 December 2023	1 DKK = 0.1212 KYD
25 December 2023	1 DKK = 0.1206 KYD
26 December 2023	1 DKK = 0.1206 KYD
27 December 2023	1 DKK = 0.1210 KYD
28 December 2023	1 DKK = 0.1215 KYD
29 December 2023	1 DKK = 0.1217 KYD
31 December 2023	1 DKK = 0.1214 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

19/09/2000: Referendum on Euro Membership

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

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the 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.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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 Cayman Islands dollar