Historic Danish Krone Kuwaiti Dinar

Danish Krone kuwaiti dinar history for January 2024. The highest quote for this month is 0.045425 (01/01/2024) and the lowest 0.045441 (02/01/2024). The difference between high and low is -0.04.

DKK KWD average rate for January 2024 is 0.04497, the change between 01/01/2024 and 31/01/2024 is +1.65 %.

01 January 20241 DKK = 0.0454 KWD
02 January 20241 DKK = 0.0454 KWD
03 January 20241 DKK = 0.0451 KWD
04 January 20241 DKK = 0.0450 KWD
05 January 20241 DKK = 0.0451 KWD
06 January 20241 DKK = 0.0451 KWD
07 January 20241 DKK = 0.0451 KWD
08 January 20241 DKK = 0.0450 KWD
09 January 20241 DKK = 0.0451 KWD
10 January 20241 DKK = 0.0450 KWD
11 January 20241 DKK = 0.0452 KWD
12 January 20241 DKK = 0.0452 KWD
14 January 20241 DKK = 0.0451 KWD
15 January 20241 DKK = 0.0450 KWD
16 January 20241 DKK = 0.0450 KWD
17 January 20241 DKK = 0.0448 KWD
18 January 20241 DKK = 0.0449 KWD
19 January 20241 DKK = 0.0448 KWD
22 January 20241 DKK = 0.0449 KWD
23 January 20241 DKK = 0.0448 KWD
24 January 20241 DKK = 0.0447 KWD
25 January 20241 DKK = 0.0448 KWD
26 January 20241 DKK = 0.0447 KWD
28 January 20241 DKK = 0.0448 KWD
29 January 20241 DKK = 0.0447 KWD
30 January 20241 DKK = 0.0446 KWD
31 January 20241 DKK = 0.0447 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti 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.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.