Historic Icelandic Krona Iraqi dinar

Icelandic Krona iraqi dinar history for December 2023. The highest quote for this month is 9.657 (28/12/2023) and the lowest 9.488 (27/12/2023). The difference between high and low is 1.75.

ISK IQD average rate for December 2023 is 9.42343, the change between 01/12/2023 and 31/12/2023 is -4.12 %.

01 December 20231 ISK = 9.28 IQD
04 December 20231 ISK = 9.26 IQD
05 December 20231 ISK = 9.41 IQD
06 December 20231 ISK = 9.40 IQD
07 December 20231 ISK = 9.22 IQD
08 December 20231 ISK = 9.42 IQD
11 December 20231 ISK = 9.21 IQD
12 December 20231 ISK = 9.37 IQD
13 December 20231 ISK = 9.18 IQD
14 December 20231 ISK = 9.40 IQD
15 December 20231 ISK = 9.57 IQD
18 December 20231 ISK = 9.36 IQD
19 December 20231 ISK = 9.31 IQD
20 December 20231 ISK = 9.56 IQD
21 December 20231 ISK = 9.54 IQD
22 December 20231 ISK = 9.60 IQD
25 December 20231 ISK = 9.42 IQD
26 December 20231 ISK = 9.42 IQD
27 December 20231 ISK = 9.61 IQD
28 December 20231 ISK = 9.66 IQD
29 December 20231 ISK = 9.66 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

05/03/1981: Stock Exchange Established

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

10/05/1940: Occupation of Iceland

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

01/01/1922: Currency Board Established

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