Danish Krone egyptian pound exchange rate history (DKK EGP) August 2023

Danish Krone egyptian pound history for August 2023. The highest quote for this month is 4.5529 (07/08/2023) and the lowest 4.5662 (04/08/2023). The difference between high and low is -0.29.

DKK EGP average rate for August 2023 is 4.52229, the change between 01/08/2023 and 31/08/2023 is +0.64 %.

01 August 2023	1 DKK = 4.557 EGP
02 August 2023	1 DKK = 4.561 EGP
03 August 2023	1 DKK = 4.534 EGP
04 August 2023	1 DKK = 4.546 EGP
07 August 2023	1 DKK = 4.542 EGP
08 August 2023	1 DKK = 4.559 EGP
09 August 2023	1 DKK = 4.541 EGP
10 August 2023	1 DKK = 4.548 EGP
11 August 2023	1 DKK = 4.550 EGP
12 August 2023	1 DKK = 4.534 EGP
14 August 2023	1 DKK = 4.555 EGP
15 August 2023	1 DKK = 4.518 EGP
16 August 2023	1 DKK = 4.517 EGP
17 August 2023	1 DKK = 4.506 EGP
18 August 2023	1 DKK = 4.503 EGP
21 August 2023	1 DKK = 4.485 EGP
22 August 2023	1 DKK = 4.516 EGP
23 August 2023	1 DKK = 4.493 EGP
24 August 2023	1 DKK = 4.500 EGP
25 August 2023	1 DKK = 4.474 EGP
28 August 2023	1 DKK = 4.474 EGP
29 August 2023	1 DKK = 4.484 EGP
30 August 2023	1 DKK = 4.510 EGP
31 August 2023	1 DKK = 4.528 EGP

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.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

19/09/2000: Referendum on Euro Membership

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

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Danish Krone Egyptian Pound