Historic Gibraltar pound Danish Krone

Gibraltar pound danish krone history for January 2024. The highest quote for this month is 8.761 (25/01/2024) and the lowest 8.7327 (29/01/2024). The difference between high and low is 0.32.

GIP DKK average rate for January 2024 is 8.67936, the change between 01/01/2024 and 31/01/2024 is -1.73 %.

01 January 20241 GIP = 8.60 DKK
02 January 20241 GIP = 8.53 DKK
03 January 20241 GIP = 8.62 DKK
04 January 20241 GIP = 8.67 DKK
05 January 20241 GIP = 8.67 DKK
08 January 20241 GIP = 8.67 DKK
09 January 20241 GIP = 8.67 DKK
10 January 20241 GIP = 8.68 DKK
11 January 20241 GIP = 8.66 DKK
12 January 20241 GIP = 8.66 DKK
15 January 20241 GIP = 8.67 DKK
16 January 20241 GIP = 8.63 DKK
17 January 20241 GIP = 8.68 DKK
18 January 20241 GIP = 8.68 DKK
19 January 20241 GIP = 8.71 DKK
22 January 20241 GIP = 8.71 DKK
23 January 20241 GIP = 8.70 DKK
24 January 20241 GIP = 8.76 DKK
25 January 20241 GIP = 8.72 DKK
26 January 20241 GIP = 8.76 DKK
29 January 20241 GIP = 8.72 DKK
30 January 20241 GIP = 8.73 DKK
31 January 20241 GIP = 8.75 DKK

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.