Historic Yemeni Rial Danish Krone

Yemeni Rial danish krone history for January 2024. The highest quote for this month is 0.027633 (29/01/2024) and the lowest 0.027506 (29/01/2024). The difference between high and low is 0.46.

YER DKK average rate for January 2024 is 0.02734, the change between 01/01/2024 and 31/01/2024 is -1.77 %.

01 January 20241 YER = 0.0270 DKK
02 January 20241 YER = 0.0270 DKK
03 January 20241 YER = 0.0273 DKK
04 January 20241 YER = 0.0273 DKK
05 January 20241 YER = 0.0273 DKK
06 January 20241 YER = 0.0273 DKK
07 January 20241 YER = 0.0273 DKK
08 January 20241 YER = 0.0273 DKK
09 January 20241 YER = 0.0273 DKK
10 January 20241 YER = 0.0273 DKK
11 January 20241 YER = 0.0272 DKK
12 January 20241 YER = 0.0272 DKK
14 January 20241 YER = 0.0272 DKK
15 January 20241 YER = 0.0273 DKK
16 January 20241 YER = 0.0273 DKK
17 January 20241 YER = 0.0274 DKK
18 January 20241 YER = 0.0274 DKK
19 January 20241 YER = 0.0274 DKK
22 January 20241 YER = 0.0274 DKK
23 January 20241 YER = 0.0274 DKK
24 January 20241 YER = 0.0275 DKK
25 January 20241 YER = 0.0274 DKK
26 January 20241 YER = 0.0275 DKK
28 January 20241 YER = 0.0275 DKK
29 January 20241 YER = 0.0275 DKK
30 January 20241 YER = 0.0275 DKK
31 January 20241 YER = 0.0275 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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

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.