Historic Comorian Franc Icelandic Krona

Comorian Franc icelandic krona history for January 2024. The highest quote for this month is 0.30904 (02/01/2024) and the lowest 0.30841 (03/01/2024). The difference between high and low is 0.2.

KMF ISK average rate for January 2024 is 0.30356, the change between 01/01/2024 and 31/01/2024 is +1.78 %.

01 January 20241 KMF = 0.3062 ISK
02 January 20241 KMF = 0.3052 ISK
03 January 20241 KMF = 0.3090 ISK
04 January 20241 KMF = 0.3058 ISK
05 January 20241 KMF = 0.3052 ISK
08 January 20241 KMF = 0.3058 ISK
09 January 20241 KMF = 0.3055 ISK
10 January 20241 KMF = 0.3052 ISK
11 January 20241 KMF = 0.3039 ISK
12 January 20241 KMF = 0.3041 ISK
15 January 20241 KMF = 0.3042 ISK
16 January 20241 KMF = 0.3034 ISK
17 January 20241 KMF = 0.3049 ISK
18 January 20241 KMF = 0.3028 ISK
19 January 20241 KMF = 0.3030 ISK
22 January 20241 KMF = 0.3013 ISK
23 January 20241 KMF = 0.3017 ISK
24 January 20241 KMF = 0.3018 ISK
25 January 20241 KMF = 0.3004 ISK
26 January 20241 KMF = 0.3003 ISK
29 January 20241 KMF = 0.3009 ISK
30 January 20241 KMF = 0.3006 ISK
31 January 20241 KMF = 0.3007 ISK

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

05/03/1981: Stock Exchange Established

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

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.