Historic Icelandic Krona Somali shilling

Icelandic Krona somali shilling history for August 2023. The highest quote for this month is 4.3236 (30/08/2023) and the lowest 4.3495 (30/08/2023). The difference between high and low is -0.6.

ISK SOS average rate for August 2023 is 4.30035, the change between 01/08/2023 and 31/08/2023 is -0.63 %.

01 August 20231 ISK = 4.316 SOS
02 August 20231 ISK = 4.320 SOS
03 August 20231 ISK = 4.283 SOS
04 August 20231 ISK = 4.293 SOS
07 August 20231 ISK = 4.301 SOS
08 August 20231 ISK = 4.302 SOS
09 August 20231 ISK = 4.302 SOS
10 August 20231 ISK = 4.316 SOS
11 August 20231 ISK = 4.311 SOS
14 August 20231 ISK = 4.291 SOS
15 August 20231 ISK = 4.294 SOS
16 August 20231 ISK = 4.293 SOS
17 August 20231 ISK = 4.273 SOS
18 August 20231 ISK = 4.286 SOS
21 August 20231 ISK = 4.286 SOS
22 August 20231 ISK = 4.302 SOS
23 August 20231 ISK = 4.288 SOS
24 August 20231 ISK = 4.300 SOS
25 August 20231 ISK = 4.273 SOS
28 August 20231 ISK = 4.297 SOS
29 August 20231 ISK = 4.308 SOS
30 August 20231 ISK = 4.332 SOS
31 August 20231 ISK = 4.343 SOS

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.

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.