Danish Krone yemeni rial exchange rate history (DKK YER) January 2024

Danish Krone yemeni rial history for January 2024. The highest quote for this month is 36.981 (01/01/2024) and the lowest 37 (02/01/2024). The difference between high and low is -0.05.

DKK YER average rate for January 2024 is 36.58096, the change between 01/01/2024 and 31/01/2024 is +1.74 %.

01 January 2024	1 DKK = 36.98 YER
02 January 2024	1 DKK = 36.98 YER
03 January 2024	1 DKK = 36.65 YER
04 January 2024	1 DKK = 36.59 YER
05 January 2024	1 DKK = 36.67 YER
06 January 2024	1 DKK = 36.68 YER
07 January 2024	1 DKK = 36.68 YER
08 January 2024	1 DKK = 36.66 YER
09 January 2024	1 DKK = 36.69 YER
10 January 2024	1 DKK = 36.63 YER
11 January 2024	1 DKK = 36.76 YER
12 January 2024	1 DKK = 36.79 YER
14 January 2024	1 DKK = 36.72 YER
15 January 2024	1 DKK = 36.67 YER
16 January 2024	1 DKK = 36.66 YER
17 January 2024	1 DKK = 36.44 YER
18 January 2024	1 DKK = 36.47 YER
19 January 2024	1 DKK = 36.45 YER
22 January 2024	1 DKK = 36.49 YER
23 January 2024	1 DKK = 36.43 YER
24 January 2024	1 DKK = 36.38 YER
25 January 2024	1 DKK = 36.46 YER
26 January 2024	1 DKK = 36.36 YER
28 January 2024	1 DKK = 36.38 YER
29 January 2024	1 DKK = 36.35 YER
30 January 2024	1 DKK = 36.32 YER
31 January 2024	1 DKK = 36.34 YER

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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

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 Yemeni Rial