Kazakhstani tenge danish krone exchange rate history (KZT DKK) December 2023

Kazakhstani tenge danish krone history for December 2023. The highest quote for this month is 0.015232 (08/12/2023) and the lowest 0.015179 (13/12/2023). The difference between high and low is 0.35.

KZT DKK average rate for December 2023 is 0.01496, the change between 01/12/2023 and 31/12/2023 is +0.9 %.

01 December 2023	1 KZT = 0.0150 DKK
03 December 2023	1 KZT = 0.0148 DKK
04 December 2023	1 KZT = 0.0149 DKK
05 December 2023	1 KZT = 0.0150 DKK
06 December 2023	1 KZT = 0.0151 DKK
07 December 2023	1 KZT = 0.0151 DKK
08 December 2023	1 KZT = 0.0151 DKK
10 December 2023	1 KZT = 0.0151 DKK
11 December 2023	1 KZT = 0.0152 DKK
12 December 2023	1 KZT = 0.0152 DKK
13 December 2023	1 KZT = 0.0152 DKK
14 December 2023	1 KZT = 0.0150 DKK
15 December 2023	1 KZT = 0.0149 DKK
16 December 2023	1 KZT = 0.0149 DKK
17 December 2023	1 KZT = 0.0149 DKK
18 December 2023	1 KZT = 0.0149 DKK
19 December 2023	1 KZT = 0.0150 DKK
20 December 2023	1 KZT = 0.0149 DKK
21 December 2023	1 KZT = 0.0150 DKK
22 December 2023	1 KZT = 0.0148 DKK
24 December 2023	1 KZT = 0.0148 DKK
25 December 2023	1 KZT = 0.0148 DKK
26 December 2023	1 KZT = 0.0148 DKK
27 December 2023	1 KZT = 0.0148 DKK
28 December 2023	1 KZT = 0.0148 DKK
29 December 2023	1 KZT = 0.0149 DKK

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

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 Kazakhstani tenge Danish Krone