Historic Danish Krone Malaysian ringgit

Danish Krone malaysian ringgit history for November 2023. The highest quote for this month is 0.68715 (26/11/2023) and the lowest 0.68892 (28/11/2023). The difference between high and low is -0.26.

DKK MYR average rate for November 2023 is 0.67956, the change between 01/11/2023 and 30/11/2023 is -1.88 %.

01 November 20231 DKK = 0.6747 MYR
02 November 20231 DKK = 0.6764 MYR
03 November 20231 DKK = 0.6755 MYR
06 November 20231 DKK = 0.6798 MYR
07 November 20231 DKK = 0.6658 MYR
08 November 20231 DKK = 0.6644 MYR
09 November 20231 DKK = 0.6723 MYR
10 November 20231 DKK = 0.6709 MYR
12 November 20231 DKK = 0.6745 MYR
13 November 20231 DKK = 0.6724 MYR
14 November 20231 DKK = 0.6752 MYR
15 November 20231 DKK = 0.6880 MYR
16 November 20231 DKK = 0.6796 MYR
17 November 20231 DKK = 0.6797 MYR
19 November 20231 DKK = 0.6849 MYR
20 November 20231 DKK = 0.6830 MYR
21 November 20231 DKK = 0.6845 MYR
22 November 20231 DKK = 0.6810 MYR
23 November 20231 DKK = 0.6830 MYR
24 November 20231 DKK = 0.6840 MYR
26 November 20231 DKK = 0.6872 MYR
27 November 20231 DKK = 0.6873 MYR
28 November 20231 DKK = 0.6881 MYR
29 November 20231 DKK = 0.6894 MYR
30 November 20231 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.