South African rand danish krone exchange rate history (ZAR DKK) December 2023

South African rand danish krone history for December 2023. The highest quote for this month is 0.37276 (16/12/2023) and the lowest 0.37637 (25/12/2023). The difference between high and low is -0.97.

ZAR DKK average rate for December 2023 is 0.3675, the change between 01/12/2023 and 31/12/2023 is -1.65 %.

01 December 2023	1 ZAR = 0.3633 DKK
03 December 2023	1 ZAR = 0.3674 DKK
04 December 2023	1 ZAR = 0.3682 DKK
05 December 2023	1 ZAR = 0.3660 DKK
06 December 2023	1 ZAR = 0.3645 DKK
07 December 2023	1 ZAR = 0.3652 DKK
08 December 2023	1 ZAR = 0.3674 DKK
10 December 2023	1 ZAR = 0.3648 DKK
11 December 2023	1 ZAR = 0.3663 DKK
12 December 2023	1 ZAR = 0.3631 DKK
13 December 2023	1 ZAR = 0.3649 DKK
14 December 2023	1 ZAR = 0.3673 DKK
15 December 2023	1 ZAR = 0.3703 DKK
16 December 2023	1 ZAR = 0.3728 DKK
17 December 2023	1 ZAR = 0.3728 DKK
18 December 2023	1 ZAR = 0.3741 DKK
19 December 2023	1 ZAR = 0.3673 DKK
20 December 2023	1 ZAR = 0.3705 DKK
21 December 2023	1 ZAR = 0.3733 DKK
22 December 2023	1 ZAR = 0.3730 DKK
24 December 2023	1 ZAR = 0.3670 DKK
25 December 2023	1 ZAR = 0.3665 DKK
26 December 2023	1 ZAR = 0.3668 DKK
27 December 2023	1 ZAR = 0.3620 DKK
28 December 2023	1 ZAR = 0.3658 DKK
29 December 2023	1 ZAR = 0.3627 DKK
31 December 2023	1 ZAR = 0.3693 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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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 South African rand Danish Krone