Historic Danish Krone Georgian Lari

Danish Krone georgian lari history for February 2024. The highest quote for this month is 0.38637 (01/02/2024) and the lowest 0.38994 (02/02/2024). The difference between high and low is -0.92.

DKK GEL average rate for February 2024 is 0.3831, the change between 01/02/2024 and 29/02/2024 is +0.46 %.

01 February 20241 DKK = 0.3872 GEL
02 February 20241 DKK = 0.3891 GEL
03 February 20241 DKK = 0.3849 GEL
05 February 20241 DKK = 0.3845 GEL
06 February 20241 DKK = 0.3824 GEL
07 February 20241 DKK = 0.3825 GEL
08 February 20241 DKK = 0.3828 GEL
09 February 20241 DKK = 0.3827 GEL
10 February 20241 DKK = 0.3826 GEL
12 February 20241 DKK = 0.3830 GEL
13 February 20241 DKK = 0.3819 GEL
14 February 20241 DKK = 0.3795 GEL
15 February 20241 DKK = 0.3798 GEL
16 February 20241 DKK = 0.3809 GEL
17 February 20241 DKK = 0.3807 GEL
19 February 20241 DKK = 0.3810 GEL
20 February 20241 DKK = 0.3809 GEL
21 February 20241 DKK = 0.3824 GEL
22 February 20241 DKK = 0.3832 GEL
23 February 20241 DKK = 0.3835 GEL
26 February 20241 DKK = 0.3837 GEL
27 February 20241 DKK = 0.3847 GEL
28 February 20241 DKK = 0.3849 GEL
29 February 20241 DKK = 0.3854 GEL

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.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

19/09/2000: Referendum on Euro Membership

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

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

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.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.

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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