Danish Krone south african rand exchange rate history (DKK ZAR) September 2023

Danish Krone south african rand history for September 2023. The highest quote for this month is 2.775 (06/09/2023) and the lowest 2.7674 (05/09/2023). The difference between high and low is 0.27.

DKK ZAR average rate for September 2023 is 2.71596, the change between 01/09/2023 and 30/09/2023 is +1.91 %.

01 September 2023	1 DKK = 2.740 ZAR
04 September 2023	1 DKK = 2.718 ZAR
05 September 2023	1 DKK = 2.765 ZAR
06 September 2023	1 DKK = 2.751 ZAR
07 September 2023	1 DKK = 2.762 ZAR
08 September 2023	1 DKK = 2.744 ZAR
11 September 2023	1 DKK = 2.740 ZAR
12 September 2023	1 DKK = 2.715 ZAR
13 September 2023	1 DKK = 2.728 ZAR
14 September 2023	1 DKK = 2.706 ZAR
15 September 2023	1 DKK = 2.714 ZAR
18 September 2023	1 DKK = 2.715 ZAR
19 September 2023	1 DKK = 2.726 ZAR
20 September 2023	1 DKK = 2.709 ZAR
21 September 2023	1 DKK = 2.694 ZAR
22 September 2023	1 DKK = 2.710 ZAR
23 September 2023	1 DKK = 2.679 ZAR
25 September 2023	1 DKK = 2.677 ZAR
26 September 2023	1 DKK = 2.666 ZAR
27 September 2023	1 DKK = 2.702 ZAR
28 September 2023	1 DKK = 2.705 ZAR
29 September 2023	1 DKK = 2.688 ZAR

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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.

Historic Danish Krone South African rand