Historic Nicaraguan córdoba Danish Krone

Nicaraguan córdoba danish krone history for August 2023. The highest quote for this month is 0.19137 (29/08/2023) and the lowest 0.19077 (24/08/2023). The difference between high and low is 0.31.

NIO DKK average rate for August 2023 is 0.18895, the change between 01/08/2023 and 31/08/2023 is -0.61 %.

01 August 20231 NIO = 0.1874 DKK
02 August 20231 NIO = 0.1874 DKK
03 August 20231 NIO = 0.1882 DKK
04 August 20231 NIO = 0.1882 DKK
07 August 20231 NIO = 0.1887 DKK
08 August 20231 NIO = 0.1876 DKK
09 August 20231 NIO = 0.1883 DKK
10 August 20231 NIO = 0.1878 DKK
11 August 20231 NIO = 0.1878 DKK
14 August 20231 NIO = 0.1877 DKK
15 August 20231 NIO = 0.1890 DKK
16 August 20231 NIO = 0.1890 DKK
17 August 20231 NIO = 0.1895 DKK
18 August 20231 NIO = 0.1895 DKK
21 August 20231 NIO = 0.1902 DKK
22 August 20231 NIO = 0.1890 DKK
23 August 20231 NIO = 0.1901 DKK
24 August 20231 NIO = 0.1898 DKK
25 August 20231 NIO = 0.1909 DKK
28 August 20231 NIO = 0.1910 DKK
29 August 20231 NIO = 0.1905 DKK
30 August 20231 NIO = 0.1899 DKK
31 August 20231 NIO = 0.1886 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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.