Historic Icelandic Krona Costa Rican colón

Icelandic Krona costa rican colón history for December 2023. The highest quote for this month is 3.744 (18/12/2023) and the lowest 3.7577 (27/12/2023). The difference between high and low is -0.37.

ISK CRC average rate for December 2023 is 3.72347, the change between 01/12/2023 and 31/12/2023 is -0.43 %.

01 December 20231 ISK = 3.743 CRC
04 December 20231 ISK = 3.730 CRC
05 December 20231 ISK = 3.718 CRC
06 December 20231 ISK = 3.700 CRC
07 December 20231 ISK = 3.705 CRC
08 December 20231 ISK = 3.711 CRC
11 December 20231 ISK = 3.701 CRC
12 December 20231 ISK = 3.683 CRC
13 December 20231 ISK = 3.686 CRC
14 December 20231 ISK = 3.694 CRC
15 December 20231 ISK = 3.753 CRC
18 December 20231 ISK = 3.740 CRC
19 December 20231 ISK = 3.714 CRC
20 December 20231 ISK = 3.735 CRC
21 December 20231 ISK = 3.721 CRC
22 December 20231 ISK = 3.739 CRC
25 December 20231 ISK = 3.731 CRC
26 December 20231 ISK = 3.734 CRC
27 December 20231 ISK = 3.743 CRC
28 December 20231 ISK = 3.753 CRC
29 December 20231 ISK = 3.759 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

05/03/1981: Stock Exchange Established

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

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

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.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.