Historic Botswana pula Icelandic Krona

Botswana pula icelandic krona history for January 2024. The highest quote for this month is 10.397 (02/01/2024) and the lowest 10.371 (03/01/2024). The difference between high and low is 0.25.

BWP ISK average rate for January 2024 is 10.178, the change between 01/01/2024 and 31/01/2024 is +0.91 %.

01 January 20241 BWP = 10.21 ISK
02 January 20241 BWP = 10.21 ISK
03 January 20241 BWP = 10.40 ISK
04 January 20241 BWP = 10.26 ISK
05 January 20241 BWP = 10.25 ISK
08 January 20241 BWP = 10.27 ISK
09 January 20241 BWP = 10.25 ISK
10 January 20241 BWP = 10.25 ISK
11 January 20241 BWP = 10.20 ISK
12 January 20241 BWP = 10.22 ISK
15 January 20241 BWP = 10.20 ISK
16 January 20241 BWP = 10.17 ISK
17 January 20241 BWP = 10.13 ISK
18 January 20241 BWP = 10.13 ISK
19 January 20241 BWP = 10.15 ISK
22 January 20241 BWP = 10.09 ISK
23 January 20241 BWP = 10.04 ISK
24 January 20241 BWP = 10.05 ISK
25 January 20241 BWP = 10.08 ISK
26 January 20241 BWP = 10.11 ISK
29 January 20241 BWP = 10.14 ISK
30 January 20241 BWP = 10.17 ISK
31 January 20241 BWP = 10.12 ISK

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.

01/10/2018: Introduction of New Coins

Botswana introduces a new series of coins, featuring updated designs and enhanced durability.

15/03/2015: Capital Controls Lifted

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

01/08/2014: Currency Redenomination

Botswana redenominates the Pula, dividing it into 1000 Thebe to simplify calculations and reduce the use of smaller denominations.

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.

05/10/2009: Introduction of New Banknotes

Botswana introduces a new series of banknotes, featuring improved security features and updated designs.

06/10/2008: Financial Crisis Begins

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

23/08/2005: Currency Devaluation

Botswana allows the Pula to float freely against other currencies, resulting in a devaluation of approximately 12%.

05/03/1981: Stock Exchange Established

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

31/12/1980: Currency Board Established

The Bank of Botswana establishes a Currency Board, which manages the issuance and distribution of the Pula.

17/10/1978: Currency Pegged to a Basket

Botswana pegs the Pula to a basket of currencies, including the South African Rand, British Pound, and US Dollar.

14/09/1976: Introduction of the Pula

Botswana replaces the South African Rand with its own currency, the Pula, at a 1:1 exchange rate.

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.
BWP ISK December 2023
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