Historic Danish Krone Iraqi dinar

Danish Krone iraqi dinar history for February 2024. The highest quote for this month is 190.18 (25/02/2024) and the lowest 190.21 (25/02/2024). The difference between high and low is -0.02.

DKK IQD average rate for February 2024 is 188.44846, the change between 01/02/2024 and 29/02/2024 is +1.85 %.

01 February 20241 DKK = 189.6 IQD
02 February 20241 DKK = 190.8 IQD
03 February 20241 DKK = 189.5 IQD
04 February 20241 DKK = 189.5 IQD
05 February 20241 DKK = 187.2 IQD
06 February 20241 DKK = 184.9 IQD
07 February 20241 DKK = 188.6 IQD
08 February 20241 DKK = 188.9 IQD
09 February 20241 DKK = 189.1 IQD
12 February 20241 DKK = 185.6 IQD
13 February 20241 DKK = 189.0 IQD
14 February 20241 DKK = 187.9 IQD
15 February 20241 DKK = 188.3 IQD
16 February 20241 DKK = 189.0 IQD
17 February 20241 DKK = 189.2 IQD
18 February 20241 DKK = 189.2 IQD
19 February 20241 DKK = 185.5 IQD
20 February 20241 DKK = 185.3 IQD
21 February 20241 DKK = 189.7 IQD
22 February 20241 DKK = 189.9 IQD
23 February 20241 DKK = 190.0 IQD
25 February 20241 DKK = 190.2 IQD
26 February 20241 DKK = 186.0 IQD
27 February 20241 DKK = 190.4 IQD
28 February 20241 DKK = 190.3 IQD
29 February 20241 DKK = 186.1 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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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