Historic Cambodian Riel Icelandic Krona

Cambodian Riel icelandic krona history for December 2023. The highest quote for this month is 0.034814 (13/12/2023) and the lowest 0.034701 (12/12/2023). The difference between high and low is 0.32.

KHR ISK average rate for December 2023 is 0.03386, the change between 01/12/2023 and 31/12/2023 is +1.95 %.

01 December 20231 KHR = 0.0343 ISK
04 December 20231 KHR = 0.0344 ISK
05 December 20231 KHR = 0.0339 ISK
06 December 20231 KHR = 0.0339 ISK
07 December 20231 KHR = 0.0346 ISK
08 December 20231 KHR = 0.0338 ISK
11 December 20231 KHR = 0.0346 ISK
12 December 20231 KHR = 0.0341 ISK
13 December 20231 KHR = 0.0348 ISK
14 December 20231 KHR = 0.0339 ISK
15 December 20231 KHR = 0.0333 ISK
18 December 20231 KHR = 0.0341 ISK
19 December 20231 KHR = 0.0336 ISK
20 December 20231 KHR = 0.0333 ISK
21 December 20231 KHR = 0.0334 ISK
22 December 20231 KHR = 0.0333 ISK
25 December 20231 KHR = 0.0340 ISK
26 December 20231 KHR = 0.0339 ISK
27 December 20231 KHR = 0.0333 ISK
28 December 20231 KHR = 0.0331 ISK
29 December 20231 KHR = 0.0337 ISK

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

05/03/1981: Stock Exchange Established

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

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

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.