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

South African rand danish krone history for November 2023. The highest quote for this month is 0.38072 (02/11/2023) and the lowest 0.38206 (02/11/2023). The difference between high and low is -0.35.

ZAR DKK average rate for November 2023 is 0.3724, the change between 01/11/2023 and 30/11/2023 is +4.27 %.

01 November 2023	1 ZAR = 0.3789 DKK
02 November 2023	1 ZAR = 0.3822 DKK
03 November 2023	1 ZAR = 0.3820 DKK
06 November 2023	1 ZAR = 0.3807 DKK
07 November 2023	1 ZAR = 0.3804 DKK
08 November 2023	1 ZAR = 0.3803 DKK
09 November 2023	1 ZAR = 0.3768 DKK
10 November 2023	1 ZAR = 0.3748 DKK
12 November 2023	1 ZAR = 0.3726 DKK
13 November 2023	1 ZAR = 0.3725 DKK
14 November 2023	1 ZAR = 0.3732 DKK
15 November 2023	1 ZAR = 0.3763 DKK
16 November 2023	1 ZAR = 0.3780 DKK
17 November 2023	1 ZAR = 0.3741 DKK
19 November 2023	1 ZAR = 0.3718 DKK
20 November 2023	1 ZAR = 0.3729 DKK
21 November 2023	1 ZAR = 0.3717 DKK
22 November 2023	1 ZAR = 0.3670 DKK
23 November 2023	1 ZAR = 0.3628 DKK
24 November 2023	1 ZAR = 0.3635 DKK
26 November 2023	1 ZAR = 0.3620 DKK
27 November 2023	1 ZAR = 0.3628 DKK
28 November 2023	1 ZAR = 0.3650 DKK
29 November 2023	1 ZAR = 0.3647 DKK
30 November 2023	1 ZAR = 0.3628 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