Singapore dollar danish krone exchange rate history (SGD DKK) August 2023

Singapore dollar danish krone history for August 2023. The highest quote for this month is 5.0954 (25/08/2023) and the lowest 5.0949 (01/08/2023). The difference between high and low is 0.01.

SGD DKK average rate for August 2023 is 5.05725, the change between 01/08/2023 and 31/08/2023 is +0.85 %.

01 August 2023	1 SGD = 5.10 DKK
02 August 2023	1 SGD = 5.07 DKK
03 August 2023	1 SGD = 5.08 DKK
04 August 2023	1 SGD = 5.08 DKK
07 August 2023	1 SGD = 5.06 DKK
08 August 2023	1 SGD = 5.05 DKK
09 August 2023	1 SGD = 5.04 DKK
10 August 2023	1 SGD = 5.04 DKK
11 August 2023	1 SGD = 5.03 DKK
12 August 2023	1 SGD = 5.03 DKK
14 August 2023	1 SGD = 5.03 DKK
15 August 2023	1 SGD = 5.04 DKK
16 August 2023	1 SGD = 5.03 DKK
17 August 2023	1 SGD = 5.04 DKK
18 August 2023	1 SGD = 5.05 DKK
21 August 2023	1 SGD = 5.05 DKK
22 August 2023	1 SGD = 5.04 DKK
23 August 2023	1 SGD = 5.06 DKK
24 August 2023	1 SGD = 5.07 DKK
25 August 2023	1 SGD = 5.09 DKK
28 August 2023	1 SGD = 5.09 DKK
29 August 2023	1 SGD = 5.08 DKK
30 August 2023	1 SGD = 5.08 DKK
31 August 2023	1 SGD = 5.05 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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 Singapore dollar Danish Krone