Historic Icelandic Krona Danish Krone

Icelandic Krona danish krone history for January 2024. The highest quote for this month is 0.050443 (26/01/2024) and the lowest 0.050525 (24/01/2024). The difference between high and low is -0.16.

ISK DKK average rate for January 2024 is 0.04999, the change between 01/01/2024 and 31/01/2024 is -1.24 %.

01 January 20241 ISK = 0.0498 DKK
02 January 20241 ISK = 0.0498 DKK
03 January 20241 ISK = 0.0496 DKK
04 January 20241 ISK = 0.0496 DKK
05 January 20241 ISK = 0.0497 DKK
08 January 20241 ISK = 0.0496 DKK
09 January 20241 ISK = 0.0496 DKK
10 January 20241 ISK = 0.0497 DKK
11 January 20241 ISK = 0.0499 DKK
12 January 20241 ISK = 0.0498 DKK
15 January 20241 ISK = 0.0499 DKK
16 January 20241 ISK = 0.0501 DKK
17 January 20241 ISK = 0.0501 DKK
18 January 20241 ISK = 0.0500 DKK
19 January 20241 ISK = 0.0500 DKK
22 January 20241 ISK = 0.0502 DKK
23 January 20241 ISK = 0.0503 DKK
24 January 20241 ISK = 0.0504 DKK
25 January 20241 ISK = 0.0505 DKK
26 January 20241 ISK = 0.0504 DKK
29 January 20241 ISK = 0.0504 DKK
30 January 20241 ISK = 0.0503 DKK
31 January 20241 ISK = 0.0504 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone'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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/05/1940: Occupation of Iceland

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

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

01/01/1922: Currency Board Established

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

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
ISK DKK August 2023
ISK DKK September 2023
ISK DKK October 2023
ISK DKK November 2023
ISK DKK December 2023
ISK DKK January 2024
ISK DKK February 2024
ISK DKK March 2024
ISK DKK April 2024
ISK DKK May 2024
ISK DKK June 2024
ISK DKK July 2024
ISK DKK August 2024