Historic Falkland Islands pound Icelandic Krona

Falkland Islands pound icelandic krona history for February 2024. The highest quote for this month is 174.97 (29/02/2024) and the lowest 174.4 (14/02/2024). The difference between high and low is 0.33.

FKP ISK average rate for February 2024 is 173.56476, the change between 01/02/2024 and 29/02/2024 is -0.42 %.

01 February 20241 FKP = 173.5 ISK
02 February 20241 FKP = 171.8 ISK
05 February 20241 FKP = 172.4 ISK
06 February 20241 FKP = 173.0 ISK
07 February 20241 FKP = 173.6 ISK
08 February 20241 FKP = 173.0 ISK
09 February 20241 FKP = 173.8 ISK
12 February 20241 FKP = 173.2 ISK
13 February 20241 FKP = 173.3 ISK
14 February 20241 FKP = 174.1 ISK
15 February 20241 FKP = 173.9 ISK
16 February 20241 FKP = 173.9 ISK
19 February 20241 FKP = 173.6 ISK
20 February 20241 FKP = 174.2 ISK
21 February 20241 FKP = 173.3 ISK
22 February 20241 FKP = 173.5 ISK
23 February 20241 FKP = 173.8 ISK
26 February 20241 FKP = 174.5 ISK
27 February 20241 FKP = 174.7 ISK
28 February 20241 FKP = 173.8 ISK
29 February 20241 FKP = 174.2 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.

18/07/2016: New Polymer Banknotes Issued

The Falkland Islands government introduces new polymer banknotes to replace the older paper versions, enhancing the durability and security of their currency.

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.

14/06/1983: Pegging to the Pound Sterling

The Falkland Islands pound (FKP) is officially pegged to the British pound sterling (GBP) at a 1:1 ratio, ensuring a stable exchange rate.

05/03/1981: Stock Exchange Established

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

14/05/1971: New Decimalized Currency Introduced

The Falkland Islands pound (FKP) is decimalized, with the introduction of a new currency system based on the decimal system.

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.

28/04/1899: Currency Board Established

The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.

02/01/1833: Argentina Removed from Islands

British forces remove Argentine authorities from the Falkland Islands, solidifying British control over the territory.

03/01/1829: First British Colony Declared

British Captain Onslow declares the Falkland Islands a British colony, leading to the establishment of a formal British presence in the region.

02/01/1764: First British Settlement

British Captain Byron claims the Falkland Islands for Britain, establishing the first permanent British settlement in the region.