Historic Barbadian dollar Icelandic Krona

Barbadian dollar icelandic krona history for January 2024. The highest quote for this month is 69.961 (05/01/2024) and the lowest 69.667 (08/01/2024). The difference between high and low is 0.42.

BBD ISK average rate for January 2024 is 69.24043, the change between 01/01/2024 and 31/01/2024 is -0.82 %.

01 January 20241 BBD = 68.61 ISK
02 January 20241 BBD = 68.55 ISK
03 January 20241 BBD = 69.61 ISK
04 January 20241 BBD = 69.81 ISK
05 January 20241 BBD = 69.52 ISK
08 January 20241 BBD = 69.87 ISK
09 January 20241 BBD = 69.63 ISK
10 January 20241 BBD = 69.55 ISK
11 January 20241 BBD = 69.06 ISK
12 January 20241 BBD = 69.10 ISK
15 January 20241 BBD = 69.22 ISK
16 January 20241 BBD = 69.00 ISK
17 January 20241 BBD = 69.31 ISK
18 January 20241 BBD = 69.46 ISK
19 January 20241 BBD = 69.49 ISK
22 January 20241 BBD = 69.15 ISK
23 January 20241 BBD = 69.06 ISK
24 January 20241 BBD = 69.10 ISK
25 January 20241 BBD = 68.75 ISK
26 January 20241 BBD = 69.02 ISK
29 January 20241 BBD = 69.13 ISK
30 January 20241 BBD = 69.36 ISK
31 January 20241 BBD = 69.18 ISK

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.