Historic Danish Krone South Korean Won

Danish Krone south korean won history for January 2024. The highest quote for this month is 196.33 (17/01/2024) and the lowest 195.24 (18/01/2024). The difference between high and low is 0.56.

DKK KRW average rate for January 2024 is 193.52929, the change between 01/01/2024 and 31/01/2024 is -0.73 %.

01 January 20241 DKK = 191.6 KRW
02 January 20241 DKK = 191.5 KRW
03 January 20241 DKK = 191.9 KRW
04 January 20241 DKK = 191.8 KRW
05 January 20241 DKK = 192.5 KRW
06 January 20241 DKK = 193.0 KRW
07 January 20241 DKK = 192.9 KRW
08 January 20241 DKK = 192.7 KRW
09 January 20241 DKK = 192.6 KRW
10 January 20241 DKK = 193.5 KRW
11 January 20241 DKK = 193.9 KRW
12 January 20241 DKK = 193.2 KRW
13 January 20241 DKK = 193.0 KRW
14 January 20241 DKK = 192.9 KRW
15 January 20241 DKK = 192.7 KRW
16 January 20241 DKK = 193.7 KRW
17 January 20241 DKK = 195.1 KRW
18 January 20241 DKK = 196.2 KRW
19 January 20241 DKK = 195.2 KRW
22 January 20241 DKK = 194.7 KRW
23 January 20241 DKK = 195.3 KRW
24 January 20241 DKK = 194.7 KRW
25 January 20241 DKK = 194.1 KRW
26 January 20241 DKK = 194.4 KRW
28 January 20241 DKK = 194.6 KRW
29 January 20241 DKK = 194.5 KRW
30 January 20241 DKK = 193.8 KRW
31 January 20241 DKK = 193.0 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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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