Historic Danish Krone Indian Rupee

Danish Krone indian rupee history for December 2023. The highest quote for this month is 12.378 (28/12/2023) and the lowest 12.427 (28/12/2023). The difference between high and low is -0.4.

DKK INR average rate for December 2023 is 12.17007, the change between 01/12/2023 and 31/12/2023 is -0.36 %.

01 December 20231 DKK = 12.18 INR
03 December 20231 DKK = 12.16 INR
04 December 20231 DKK = 12.16 INR
05 December 20231 DKK = 12.13 INR
06 December 20231 DKK = 12.06 INR
07 December 20231 DKK = 12.03 INR
08 December 20231 DKK = 12.06 INR
09 December 20231 DKK = 12.04 INR
10 December 20231 DKK = 12.05 INR
11 December 20231 DKK = 12.05 INR
12 December 20231 DKK = 12.04 INR
13 December 20231 DKK = 12.08 INR
14 December 20231 DKK = 12.16 INR
15 December 20231 DKK = 12.28 INR
16 December 20231 DKK = 12.13 INR
17 December 20231 DKK = 12.13 INR
18 December 20231 DKK = 12.14 INR
19 December 20231 DKK = 12.18 INR
20 December 20231 DKK = 12.24 INR
21 December 20231 DKK = 12.22 INR
22 December 20231 DKK = 12.27 INR
24 December 20231 DKK = 12.28 INR
25 December 20231 DKK = 12.29 INR
26 December 20231 DKK = 12.29 INR
27 December 20231 DKK = 12.32 INR
28 December 20231 DKK = 12.41 INR
29 December 20231 DKK = 12.22 INR

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.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

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.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.