Historic Danish Krone Malaysian ringgit

Danish Krone malaysian ringgit history for January 2024. The highest quote for this month is 0.68964 (22/01/2024) and the lowest 0.69241 (24/01/2024). The difference between high and low is -0.4.

DKK MYR average rate for January 2024 is 0.68375, the change between 01/01/2024 and 31/01/2024 is -1.07 %.

01 January 20241 DKK = 0.6802 MYR
02 January 20241 DKK = 0.6800 MYR
03 January 20241 DKK = 0.6753 MYR
04 January 20241 DKK = 0.6740 MYR
05 January 20241 DKK = 0.6801 MYR
06 January 20241 DKK = 0.6828 MYR
07 January 20241 DKK = 0.6817 MYR
08 January 20241 DKK = 0.6826 MYR
09 January 20241 DKK = 0.6826 MYR
10 January 20241 DKK = 0.6803 MYR
11 January 20241 DKK = 0.6830 MYR
12 January 20241 DKK = 0.6838 MYR
13 January 20241 DKK = 0.6825 MYR
14 January 20241 DKK = 0.6824 MYR
15 January 20241 DKK = 0.6817 MYR
16 January 20241 DKK = 0.6848 MYR
17 January 20241 DKK = 0.6774 MYR
18 January 20241 DKK = 0.6882 MYR
19 January 20241 DKK = 0.6879 MYR
22 January 20241 DKK = 0.6882 MYR
23 January 20241 DKK = 0.6890 MYR
24 January 20241 DKK = 0.6880 MYR
25 January 20241 DKK = 0.6898 MYR
26 January 20241 DKK = 0.6882 MYR
28 January 20241 DKK = 0.6877 MYR
29 January 20241 DKK = 0.6873 MYR
30 January 20241 DKK = 0.6878 MYR
31 January 20241 DKK = 0.6874 MYR

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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

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.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
DKK MYR July 2023
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