Historic Icelandic Krona Euro

Icelandic Krona euro history for November 2023. The highest quote for this month is 0.006785 (02/11/2023) and the lowest 0.006794 (01/11/2023). The difference between high and low is -0.13.

ISK EUR average rate for November 2023 is 0.00662, the change between 01/11/2023 and 30/11/2023 is +1.99 %.

01 November 20231 ISK = 0.0068 EUR
02 November 20231 ISK = 0.0068 EUR
03 November 20231 ISK = 0.0068 EUR
06 November 20231 ISK = 0.0067 EUR
07 November 20231 ISK = 0.0067 EUR
08 November 20231 ISK = 0.0067 EUR
09 November 20231 ISK = 0.0066 EUR
10 November 20231 ISK = 0.0066 EUR
13 November 20231 ISK = 0.0066 EUR
14 November 20231 ISK = 0.0065 EUR
15 November 20231 ISK = 0.0065 EUR
16 November 20231 ISK = 0.0065 EUR
17 November 20231 ISK = 0.0065 EUR
20 November 20231 ISK = 0.0066 EUR
21 November 20231 ISK = 0.0066 EUR
22 November 20231 ISK = 0.0065 EUR
23 November 20231 ISK = 0.0065 EUR
24 November 20231 ISK = 0.0066 EUR
27 November 20231 ISK = 0.0067 EUR
28 November 20231 ISK = 0.0067 EUR
29 November 20231 ISK = 0.0066 EUR
30 November 20231 ISK = 0.0067 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

06/10/2008: Financial Crisis Begins

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

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

05/03/1981: Stock Exchange Established

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

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.