Historic Danish Krone Hong Kong dollar

Danish Krone hong kong dollar history for February 2024. The highest quote for this month is 1.1373 (27/02/2024) and the lowest 1.1429 (02/02/2024). The difference between high and low is -0.49.

DKK HKD average rate for February 2024 is 1.13237, the change between 01/02/2024 and 29/02/2024 is -0.47 %.

01 February 20241 DKK = 1.133 HKD
02 February 20241 DKK = 1.141 HKD
03 February 20241 DKK = 1.132 HKD
04 February 20241 DKK = 1.132 HKD
05 February 20241 DKK = 1.131 HKD
06 February 20241 DKK = 1.127 HKD
07 February 20241 DKK = 1.128 HKD
08 February 20241 DKK = 1.130 HKD
09 February 20241 DKK = 1.131 HKD
10 February 20241 DKK = 1.131 HKD
11 February 20241 DKK = 1.131 HKD
12 February 20241 DKK = 1.133 HKD
13 February 20241 DKK = 1.130 HKD
14 February 20241 DKK = 1.123 HKD
15 February 20241 DKK = 1.126 HKD
16 February 20241 DKK = 1.130 HKD
17 February 20241 DKK = 1.131 HKD
18 February 20241 DKK = 1.131 HKD
19 February 20241 DKK = 1.132 HKD
20 February 20241 DKK = 1.131 HKD
21 February 20241 DKK = 1.134 HKD
22 February 20241 DKK = 1.135 HKD
23 February 20241 DKK = 1.136 HKD
25 February 20241 DKK = 1.137 HKD
26 February 20241 DKK = 1.136 HKD
27 February 20241 DKK = 1.139 HKD
28 February 20241 DKK = 1.138 HKD
29 February 20241 DKK = 1.138 HKD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national 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: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

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.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.
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