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

South African rand danish krone history for June 2023. The highest quote for this month is 0.37385 (19/06/2023) and the lowest 0.37717 (13/06/2023). The difference between high and low is -0.89.

ZAR DKK average rate for June 2023 is 0.36631, the change between 01/06/2023 and 30/06/2023 is -3.35 %.

01 June 2023	1 ZAR = 0.3536 DKK
02 June 2023	1 ZAR = 0.3529 DKK
03 June 2023	1 ZAR = 0.3566 DKK
04 June 2023	1 ZAR = 0.3567 DKK
05 June 2023	1 ZAR = 0.3568 DKK
06 June 2023	1 ZAR = 0.3614 DKK
07 June 2023	1 ZAR = 0.3633 DKK
08 June 2023	1 ZAR = 0.3649 DKK
09 June 2023	1 ZAR = 0.3671 DKK
10 June 2023	1 ZAR = 0.3703 DKK
12 June 2023	1 ZAR = 0.3710 DKK
13 June 2023	1 ZAR = 0.3733 DKK
14 June 2023	1 ZAR = 0.3713 DKK
15 June 2023	1 ZAR = 0.3755 DKK
16 June 2023	1 ZAR = 0.3742 DKK
19 June 2023	1 ZAR = 0.3741 DKK
20 June 2023	1 ZAR = 0.3757 DKK
21 June 2023	1 ZAR = 0.3714 DKK
22 June 2023	1 ZAR = 0.3705 DKK
23 June 2023	1 ZAR = 0.3676 DKK
26 June 2023	1 ZAR = 0.3645 DKK
27 June 2023	1 ZAR = 0.3661 DKK
28 June 2023	1 ZAR = 0.3672 DKK
29 June 2023	1 ZAR = 0.3664 DKK
30 June 2023	1 ZAR = 0.3654 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