Historic Icelandic Krona Danish Krone

Icelandic Krona danish krone history for November 2023. The highest quote for this month is 0.050646 (02/11/2023) and the lowest 0.050711 (01/11/2023). The difference between high and low is -0.13.

ISK DKK average rate for November 2023 is 0.0494, the change between 01/11/2023 and 30/11/2023 is +2.09 %.

01 November 20231 ISK = 0.0507 DKK
02 November 20231 ISK = 0.0506 DKK
03 November 20231 ISK = 0.0505 DKK
06 November 20231 ISK = 0.0501 DKK
07 November 20231 ISK = 0.0497 DKK
08 November 20231 ISK = 0.0497 DKK
09 November 20231 ISK = 0.0496 DKK
10 November 20231 ISK = 0.0494 DKK
13 November 20231 ISK = 0.0492 DKK
14 November 20231 ISK = 0.0486 DKK
15 November 20231 ISK = 0.0487 DKK
16 November 20231 ISK = 0.0486 DKK
17 November 20231 ISK = 0.0487 DKK
20 November 20231 ISK = 0.0489 DKK
21 November 20231 ISK = 0.0490 DKK
22 November 20231 ISK = 0.0488 DKK
23 November 20231 ISK = 0.0485 DKK
24 November 20231 ISK = 0.0489 DKK
27 November 20231 ISK = 0.0496 DKK
28 November 20231 ISK = 0.0496 DKK
29 November 20231 ISK = 0.0496 DKK
30 November 20231 ISK = 0.0496 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.
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