Historic Danish Krone Cayman Islands dollar

Danish Krone cayman islands dollar history for January 2024. The highest quote for this month is 0.12113 (01/01/2024) and the lowest 0.12109 (01/01/2024). The difference between high and low is 0.03.

DKK KYD average rate for January 2024 is 0.1195, the change between 01/01/2024 and 31/01/2024 is +2.03 %.

01 January 20241 DKK = 0.1210 KYD
02 January 20241 DKK = 0.1211 KYD
03 January 20241 DKK = 0.1197 KYD
04 January 20241 DKK = 0.1193 KYD
05 January 20241 DKK = 0.1196 KYD
06 January 20241 DKK = 0.1203 KYD
07 January 20241 DKK = 0.1203 KYD
08 January 20241 DKK = 0.1192 KYD
09 January 20241 DKK = 0.1196 KYD
10 January 20241 DKK = 0.1194 KYD
11 January 20241 DKK = 0.1200 KYD
12 January 20241 DKK = 0.1201 KYD
13 January 20241 DKK = 0.1205 KYD
14 January 20241 DKK = 0.1205 KYD
15 January 20241 DKK = 0.1195 KYD
16 January 20241 DKK = 0.1195 KYD
17 January 20241 DKK = 0.1190 KYD
18 January 20241 DKK = 0.1190 KYD
19 January 20241 DKK = 0.1189 KYD
20 January 20241 DKK = 0.1198 KYD
21 January 20241 DKK = 0.1198 KYD
22 January 20241 DKK = 0.1189 KYD
23 January 20241 DKK = 0.1188 KYD
24 January 20241 DKK = 0.1186 KYD
25 January 20241 DKK = 0.1189 KYD
26 January 20241 DKK = 0.1187 KYD
27 January 20241 DKK = 0.1194 KYD
28 January 20241 DKK = 0.1193 KYD
29 January 20241 DKK = 0.1187 KYD
30 January 20241 DKK = 0.1184 KYD
31 January 20241 DKK = 0.1185 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.
DKK KYD November 2023
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