Historic Convertible Mark Icelandic Krona

Convertible Mark icelandic krona history for January 2024. The highest quote for this month is 76.864 (04/01/2024) and the lowest 80.205 (03/01/2024). The difference between high and low is -4.35.

BAM ISK average rate for January 2024 is 76.074, the change between 01/01/2024 and 31/01/2024 is +1.7 %.

03 January 20241 BAM = 76.61 ISK
04 January 20241 BAM = 76.92 ISK
05 January 20241 BAM = 76.64 ISK
08 January 20241 BAM = 76.87 ISK
09 January 20241 BAM = 76.63 ISK
10 January 20241 BAM = 76.84 ISK
11 January 20241 BAM = 76.31 ISK
12 January 20241 BAM = 76.26 ISK
15 January 20241 BAM = 76.26 ISK
16 January 20241 BAM = 75.53 ISK
17 January 20241 BAM = 76.02 ISK
18 January 20241 BAM = 76.01 ISK
19 January 20241 BAM = 76.29 ISK
22 January 20241 BAM = 75.75 ISK
23 January 20241 BAM = 75.44 ISK
24 January 20241 BAM = 75.76 ISK
25 January 20241 BAM = 75.42 ISK
26 January 20241 BAM = 75.50 ISK
29 January 20241 BAM = 75.49 ISK
30 January 20241 BAM = 75.72 ISK
31 January 20241 BAM = 75.30 ISK

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

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.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

15/03/2015: Capital Controls Lifted

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

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.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

06/10/2008: Financial Crisis Begins

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

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

05/03/1981: Stock Exchange Established

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

10/05/1940: Occupation of Iceland

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

01/01/1922: Currency Board Established

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