Historic Danish Krone New Zealand Dollar

Danish Krone new zealand dollar history for August 2023. The highest quote for this month is 0.24737 (21/08/2023) and the lowest 0.24679 (21/08/2023). The difference between high and low is 0.23.

DKK NZD average rate for August 2023 is 0.24411, the change between 01/08/2023 and 31/08/2023 is -3.58 %.

01 August 20231 DKK = 0.2379 NZD
02 August 20231 DKK = 0.2406 NZD
03 August 20231 DKK = 0.2413 NZD
04 August 20231 DKK = 0.2417 NZD
07 August 20231 DKK = 0.2421 NZD
08 August 20231 DKK = 0.2418 NZD
09 August 20231 DKK = 0.2429 NZD
10 August 20231 DKK = 0.2431 NZD
11 August 20231 DKK = 0.2451 NZD
12 August 20231 DKK = 0.2455 NZD
14 August 20231 DKK = 0.2454 NZD
15 August 20231 DKK = 0.2450 NZD
16 August 20231 DKK = 0.2456 NZD
17 August 20231 DKK = 0.2461 NZD
18 August 20231 DKK = 0.2463 NZD
21 August 20231 DKK = 0.2463 NZD
22 August 20231 DKK = 0.2467 NZD
23 August 20231 DKK = 0.2450 NZD
24 August 20231 DKK = 0.2440 NZD
25 August 20231 DKK = 0.2448 NZD
28 August 20231 DKK = 0.2451 NZD
29 August 20231 DKK = 0.2459 NZD
30 August 20231 DKK = 0.2444 NZD
31 August 20231 DKK = 0.2464 NZD

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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.