Historic Ethiopian birr Icelandic Krona

Ethiopian birr icelandic krona history for January 2024. The highest quote for this month is 2.4522 (05/01/2024) and the lowest 2.4629 (08/01/2024). The difference between high and low is -0.44.

ETB ISK average rate for January 2024 is 2.4343, the change between 01/01/2024 and 31/01/2024 is -0.74 %.

01 January 20241 ETB = 2.415 ISK
02 January 20241 ETB = 2.413 ISK
03 January 20241 ETB = 2.459 ISK
04 January 20241 ETB = 2.463 ISK
05 January 20241 ETB = 2.458 ISK
08 January 20241 ETB = 2.470 ISK
09 January 20241 ETB = 2.452 ISK
10 January 20241 ETB = 2.438 ISK
11 January 20241 ETB = 2.420 ISK
12 January 20241 ETB = 2.421 ISK
15 January 20241 ETB = 2.425 ISK
16 January 20241 ETB = 2.418 ISK
17 January 20241 ETB = 2.428 ISK
18 January 20241 ETB = 2.445 ISK
19 January 20241 ETB = 2.446 ISK
22 January 20241 ETB = 2.422 ISK
23 January 20241 ETB = 2.433 ISK
24 January 20241 ETB = 2.430 ISK
25 January 20241 ETB = 2.418 ISK
26 January 20241 ETB = 2.429 ISK
29 January 20241 ETB = 2.420 ISK
30 January 20241 ETB = 2.436 ISK
31 January 20241 ETB = 2.433 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.

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

05/03/1981: Stock Exchange Established

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

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

10/05/1940: Occupation of Iceland

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

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

01/01/1922: Currency Board Established

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

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.
ETB ISK August 2023
ETB ISK September 2023
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ETB ISK January 2024
ETB ISK February 2024
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ETB ISK August 2024