Historic Guinean franc Icelandic Krona

Guinean franc icelandic krona history for January 2024. The highest quote for this month is 0.016202 (05/01/2024) and the lowest 0.016148 (08/01/2024). The difference between high and low is 0.33.

GNF ISK average rate for January 2024 is 0.01603, the change between 01/01/2024 and 31/01/2024 is -0.67 %.

01 January 20241 GNF = 0.0159 ISK
02 January 20241 GNF = 0.0159 ISK
03 January 20241 GNF = 0.0161 ISK
04 January 20241 GNF = 0.0162 ISK
05 January 20241 GNF = 0.0161 ISK
08 January 20241 GNF = 0.0162 ISK
09 January 20241 GNF = 0.0161 ISK
10 January 20241 GNF = 0.0161 ISK
11 January 20241 GNF = 0.0160 ISK
12 January 20241 GNF = 0.0160 ISK
15 January 20241 GNF = 0.0160 ISK
16 January 20241 GNF = 0.0160 ISK
17 January 20241 GNF = 0.0161 ISK
18 January 20241 GNF = 0.0161 ISK
19 January 20241 GNF = 0.0161 ISK
22 January 20241 GNF = 0.0160 ISK
23 January 20241 GNF = 0.0159 ISK
24 January 20241 GNF = 0.0159 ISK
25 January 20241 GNF = 0.0159 ISK
26 January 20241 GNF = 0.0160 ISK
29 January 20241 GNF = 0.0160 ISK
30 January 20241 GNF = 0.0161 ISK
31 January 20241 GNF = 0.0160 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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

15/03/2015: Capital Controls Lifted

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

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

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.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

05/03/1981: Stock Exchange Established

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

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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.
GNF ISK December 2023
GNF ISK January 2024
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