Historic Icelandic Krona Egyptian Pound

Icelandic Krona egyptian pound history for January 2024. The highest quote for this month is 0.22839 (01/01/2024) and the lowest 0.22792 (25/01/2024). The difference between high and low is 0.21.

ISK EGP average rate for January 2024 is 0.22589, the change between 01/01/2024 and 31/01/2024 is +0.51 %.

01 January 20241 ISK = 0.2277 EGP
02 January 20241 ISK = 0.2285 EGP
03 January 20241 ISK = 0.2248 EGP
04 January 20241 ISK = 0.2245 EGP
05 January 20241 ISK = 0.2242 EGP
08 January 20241 ISK = 0.2225 EGP
09 January 20241 ISK = 0.2248 EGP
10 January 20241 ISK = 0.2250 EGP
11 January 20241 ISK = 0.2265 EGP
12 January 20241 ISK = 0.2264 EGP
15 January 20241 ISK = 0.2265 EGP
16 January 20241 ISK = 0.2272 EGP
17 January 20241 ISK = 0.2254 EGP
18 January 20241 ISK = 0.2252 EGP
19 January 20241 ISK = 0.2251 EGP
22 January 20241 ISK = 0.2255 EGP
23 January 20241 ISK = 0.2267 EGP
24 January 20241 ISK = 0.2266 EGP
25 January 20241 ISK = 0.2276 EGP
26 January 20241 ISK = 0.2266 EGP
29 January 20241 ISK = 0.2260 EGP
30 January 20241 ISK = 0.2258 EGP
31 January 20241 ISK = 0.2265 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

05/03/1981: Stock Exchange Established

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

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.