Historic Kazakhstani tenge Danish Krone

Kazakhstani tenge danish krone history for February 2024. The highest quote for this month is 0.015626 (13/02/2024) and the lowest 0.015584 (14/02/2024). The difference between high and low is 0.27.

KZT DKK average rate for February 2024 is 0.0154, the change between 01/02/2024 and 29/02/2024 is +0.39 %.

01 February 20241 KZT = 0.0155 DKK
02 February 20241 KZT = 0.0153 DKK
03 February 20241 KZT = 0.0153 DKK
04 February 20241 KZT = 0.0153 DKK
05 February 20241 KZT = 0.0152 DKK
06 February 20241 KZT = 0.0153 DKK
07 February 20241 KZT = 0.0154 DKK
08 February 20241 KZT = 0.0154 DKK
09 February 20241 KZT = 0.0155 DKK
12 February 20241 KZT = 0.0156 DKK
13 February 20241 KZT = 0.0155 DKK
14 February 20241 KZT = 0.0156 DKK
15 February 20241 KZT = 0.0156 DKK
16 February 20241 KZT = 0.0155 DKK
17 February 20241 KZT = 0.0154 DKK
18 February 20241 KZT = 0.0154 DKK
19 February 20241 KZT = 0.0155 DKK
20 February 20241 KZT = 0.0154 DKK
21 February 20241 KZT = 0.0153 DKK
22 February 20241 KZT = 0.0154 DKK
23 February 20241 KZT = 0.0153 DKK
25 February 20241 KZT = 0.0153 DKK
26 February 20241 KZT = 0.0154 DKK
27 February 20241 KZT = 0.0154 DKK
28 February 20241 KZT = 0.0154 DKK
29 February 20241 KZT = 0.0154 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.
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