Historic Dominican Peso Icelandic Krona

Dominican Peso icelandic krona history for July 2023. The highest quote for this month is 2.518 (03/07/2023) and the lowest 2.5128 (04/07/2023). The difference between high and low is 0.21.

DOP ISK average rate for July 2023 is 2.3942, the change between 01/07/2023 and 31/07/2023 is +5.17 %.

03 July 20231 DOP = 2.506 ISK
04 July 20231 DOP = 2.466 ISK
05 July 20231 DOP = 2.514 ISK
06 July 20231 DOP = 2.464 ISK
07 July 20231 DOP = 2.422 ISK
10 July 20231 DOP = 2.451 ISK
11 July 20231 DOP = 2.403 ISK
12 July 20231 DOP = 2.396 ISK
13 July 20231 DOP = 2.367 ISK
14 July 20231 DOP = 2.351 ISK
17 July 20231 DOP = 2.369 ISK
18 July 20231 DOP = 2.338 ISK
19 July 20231 DOP = 2.339 ISK
20 July 20231 DOP = 2.338 ISK
21 July 20231 DOP = 2.352 ISK
24 July 20231 DOP = 2.370 ISK
25 July 20231 DOP = 2.369 ISK
26 July 20231 DOP = 2.357 ISK
27 July 20231 DOP = 2.356 ISK
28 July 20231 DOP = 2.374 ISK
31 July 20231 DOP = 2.377 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: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

15/03/2015: Capital Controls Lifted

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

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

05/03/1981: Stock Exchange Established

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

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed 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.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.