Historic Japanese Yen Danish Krone

Japanese Yen danish krone history for January 2024. The highest quote for this month is 0.047917 (02/01/2024) and the lowest 0.04793 (03/01/2024). The difference between high and low is -0.03.

JPY DKK average rate for January 2024 is 0.04682, the change between 01/01/2024 and 31/01/2024 is +2.62 %.

01 January 20241 JPY = 0.0479 DKK
02 January 20241 JPY = 0.0479 DKK
03 January 20241 JPY = 0.0479 DKK
04 January 20241 JPY = 0.0477 DKK
05 January 20241 JPY = 0.0471 DKK
08 January 20241 JPY = 0.0471 DKK
09 January 20241 JPY = 0.0472 DKK
10 January 20241 JPY = 0.0472 DKK
11 January 20241 JPY = 0.0466 DKK
12 January 20241 JPY = 0.0468 DKK
15 January 20241 JPY = 0.0469 DKK
16 January 20241 JPY = 0.0467 DKK
17 January 20241 JPY = 0.0466 DKK
18 January 20241 JPY = 0.0463 DKK
19 January 20241 JPY = 0.0463 DKK
22 January 20241 JPY = 0.0462 DKK
23 January 20241 JPY = 0.0463 DKK
24 January 20241 JPY = 0.0463 DKK
25 January 20241 JPY = 0.0464 DKK
26 January 20241 JPY = 0.0465 DKK
27 January 20241 JPY = 0.0464 DKK
28 January 20241 JPY = 0.0464 DKK
29 January 20241 JPY = 0.0464 DKK
30 January 20241 JPY = 0.0467 DKK
31 January 20241 JPY = 0.0466 DKK

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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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