Historic Danish Krone Ugandan Shilling

Danish Krone ugandan shilling history for February 2024. The highest quote for this month is 568.36 (27/02/2024) and the lowest 569.5 (26/02/2024). The difference between high and low is -0.2.

DKK UGX average rate for February 2024 is 554.71808, the change between 01/02/2024 and 29/02/2024 is -3.62 %.

01 February 20241 DKK = 545.9 UGX
02 February 20241 DKK = 550.9 UGX
03 February 20241 DKK = 550.9 UGX
04 February 20241 DKK = 550.9 UGX
05 February 20241 DKK = 551.2 UGX
06 February 20241 DKK = 545.3 UGX
07 February 20241 DKK = 545.8 UGX
08 February 20241 DKK = 546.6 UGX
09 February 20241 DKK = 549.0 UGX
12 February 20241 DKK = 552.2 UGX
13 February 20241 DKK = 551.9 UGX
14 February 20241 DKK = 549.4 UGX
15 February 20241 DKK = 551.1 UGX
16 February 20241 DKK = 552.9 UGX
17 February 20241 DKK = 558.8 UGX
18 February 20241 DKK = 558.8 UGX
19 February 20241 DKK = 554.4 UGX
20 February 20241 DKK = 554.4 UGX
21 February 20241 DKK = 557.2 UGX
22 February 20241 DKK = 559.0 UGX
23 February 20241 DKK = 559.5 UGX
25 February 20241 DKK = 561.6 UGX
26 February 20241 DKK = 564.6 UGX
27 February 20241 DKK = 569.1 UGX
28 February 20241 DKK = 565.7 UGX
29 February 20241 DKK = 565.7 UGX

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.

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

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.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial 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.
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