Historic Danish Krone Pakistani rupee

Danish Krone pakistani rupee history for December 2023. The highest quote for this month is 41.885 (28/12/2023) and the lowest 41.815 (27/12/2023). The difference between high and low is 0.17.

DKK PKR average rate for December 2023 is 41.29711, the change between 01/12/2023 and 31/12/2023 is -0.91 %.

01 December 20231 DKK = 41.43 PKR
03 December 20231 DKK = 41.60 PKR
04 December 20231 DKK = 40.96 PKR
05 December 20231 DKK = 41.33 PKR
06 December 20231 DKK = 41.15 PKR
07 December 20231 DKK = 40.90 PKR
08 December 20231 DKK = 41.06 PKR
09 December 20231 DKK = 41.05 PKR
10 December 20231 DKK = 40.99 PKR
11 December 20231 DKK = 40.83 PKR
12 December 20231 DKK = 40.94 PKR
13 December 20231 DKK = 40.87 PKR
14 December 20231 DKK = 41.35 PKR
15 December 20231 DKK = 41.73 PKR
16 December 20231 DKK = 41.41 PKR
17 December 20231 DKK = 41.41 PKR
18 December 20231 DKK = 40.91 PKR
19 December 20231 DKK = 40.78 PKR
20 December 20231 DKK = 41.68 PKR
21 December 20231 DKK = 41.50 PKR
22 December 20231 DKK = 41.72 PKR
24 December 20231 DKK = 41.74 PKR
25 December 20231 DKK = 41.06 PKR
26 December 20231 DKK = 41.07 PKR
27 December 20231 DKK = 41.77 PKR
28 December 20231 DKK = 42.02 PKR
29 December 20231 DKK = 41.80 PKR

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.

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

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.