Historic Danish Krone Georgian Lari

Danish Krone georgian lari history for January 2024. The highest quote for this month is 0.39674 (01/01/2024) and the lowest 0.39694 (02/01/2024). The difference between high and low is -0.05.

DKK GEL average rate for January 2024 is 0.39036, the change between 01/01/2024 and 31/01/2024 is +2.02 %.

01 January 20241 DKK = 0.3968 GEL
02 January 20241 DKK = 0.3967 GEL
03 January 20241 DKK = 0.3932 GEL
04 January 20241 DKK = 0.3925 GEL
05 January 20241 DKK = 0.3930 GEL
06 January 20241 DKK = 0.3928 GEL
08 January 20241 DKK = 0.3927 GEL
09 January 20241 DKK = 0.3932 GEL
10 January 20241 DKK = 0.3925 GEL
11 January 20241 DKK = 0.3941 GEL
12 January 20241 DKK = 0.3936 GEL
13 January 20241 DKK = 0.3914 GEL
15 January 20241 DKK = 0.3911 GEL
16 January 20241 DKK = 0.3886 GEL
17 January 20241 DKK = 0.3862 GEL
18 January 20241 DKK = 0.3867 GEL
19 January 20241 DKK = 0.3863 GEL
22 January 20241 DKK = 0.3867 GEL
23 January 20241 DKK = 0.3863 GEL
24 January 20241 DKK = 0.3864 GEL
25 January 20241 DKK = 0.3881 GEL
26 January 20241 DKK = 0.3881 GEL
27 January 20241 DKK = 0.3881 GEL
29 January 20241 DKK = 0.3877 GEL
30 January 20241 DKK = 0.3877 GEL
31 January 20241 DKK = 0.3888 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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