Burmese kyat danish krone exchange rate history (MMK DKK) December 2023

Burmese kyat danish krone history for December 2023. The highest quote for this month is 0.00334 (08/12/2023) and the lowest 0.003327 (11/12/2023). The difference between high and low is 0.39.

MMK DKK average rate for December 2023 is 0.00328, the change between 01/12/2023 and 31/12/2023 is +2.13 %.

01 December 2023	1 MMK = 0.0033 DKK
03 December 2023	1 MMK = 0.0033 DKK
04 December 2023	1 MMK = 0.0033 DKK
05 December 2023	1 MMK = 0.0033 DKK
06 December 2023	1 MMK = 0.0033 DKK
07 December 2023	1 MMK = 0.0033 DKK
08 December 2023	1 MMK = 0.0033 DKK
10 December 2023	1 MMK = 0.0033 DKK
11 December 2023	1 MMK = 0.0033 DKK
12 December 2023	1 MMK = 0.0033 DKK
13 December 2023	1 MMK = 0.0033 DKK
14 December 2023	1 MMK = 0.0033 DKK
15 December 2023	1 MMK = 0.0033 DKK
16 December 2023	1 MMK = 0.0033 DKK
17 December 2023	1 MMK = 0.0033 DKK
18 December 2023	1 MMK = 0.0033 DKK
19 December 2023	1 MMK = 0.0033 DKK
20 December 2023	1 MMK = 0.0033 DKK
21 December 2023	1 MMK = 0.0033 DKK
22 December 2023	1 MMK = 0.0033 DKK
24 December 2023	1 MMK = 0.0032 DKK
25 December 2023	1 MMK = 0.0033 DKK
26 December 2023	1 MMK = 0.0032 DKK
27 December 2023	1 MMK = 0.0032 DKK
28 December 2023	1 MMK = 0.0032 DKK
29 December 2023	1 MMK = 0.0032 DKK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

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.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

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 Burmese kyat Danish Krone