Historic United States dollar Danish Krone

United States dollar danish krone history for May 2023. The highest quote for this month is 6.9912 (31/05/2023) and the lowest 6.9361 (31/05/2023). The difference between high and low is 0.79.

USD DKK average rate for May 2023 is 6.89235, the change between 01/05/2023 and 31/05/2023 is -1.13 %.

15 May 20231 USD = 6.86 DKK
17 May 20231 USD = 6.85 DKK
24 May 20231 USD = 6.92 DKK
31 May 20231 USD = 6.94 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.

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.

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.