Historic New Zealand Dollar Danish Krone

New Zealand Dollar danish krone history for February 2024. The highest quote for this month is 4.2654 (25/02/2024) and the lowest 4.2713 (23/02/2024). The difference between high and low is -0.14.

NZD DKK average rate for February 2024 is 4.23189, the change between 01/02/2024 and 29/02/2024 is +0.58 %.

01 February 20241 NZD = 4.217 DKK
02 February 20241 NZD = 4.213 DKK
03 February 20241 NZD = 4.191 DKK
04 February 20241 NZD = 4.193 DKK
05 February 20241 NZD = 4.193 DKK
06 February 20241 NZD = 4.202 DKK
07 February 20241 NZD = 4.230 DKK
08 February 20241 NZD = 4.228 DKK
09 February 20241 NZD = 4.225 DKK
10 February 20241 NZD = 4.251 DKK
11 February 20241 NZD = 4.246 DKK
12 February 20241 NZD = 4.244 DKK
13 February 20241 NZD = 4.240 DKK
14 February 20241 NZD = 4.216 DKK
15 February 20241 NZD = 4.230 DKK
16 February 20241 NZD = 4.228 DKK
17 February 20241 NZD = 4.238 DKK
18 February 20241 NZD = 4.240 DKK
19 February 20241 NZD = 4.241 DKK
20 February 20241 NZD = 4.249 DKK
21 February 20241 NZD = 4.253 DKK
22 February 20241 NZD = 4.258 DKK
23 February 20241 NZD = 4.266 DKK
25 February 20241 NZD = 4.269 DKK
26 February 20241 NZD = 4.262 DKK
27 February 20241 NZD = 4.237 DKK
28 February 20241 NZD = 4.242 DKK
29 February 20241 NZD = 4.193 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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.
NZD DKK August 2023
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