Historic Icelandic Krona Sri Lankan rupee

Icelandic Krona sri lankan rupee history for January 2024. The highest quote for this month is 2.3713 (01/01/2024) and the lowest 2.3702 (01/01/2024). The difference between high and low is 0.05.

ISK LKR average rate for January 2024 is 2.32801, the change between 01/01/2024 and 31/01/2024 is +2.88 %.

01 January 20241 ISK = 2.368 LKR
02 January 20241 ISK = 2.370 LKR
03 January 20241 ISK = 2.321 LKR
04 January 20241 ISK = 2.322 LKR
05 January 20241 ISK = 2.330 LKR
08 January 20241 ISK = 2.326 LKR
09 January 20241 ISK = 2.325 LKR
10 January 20241 ISK = 2.327 LKR
11 January 20241 ISK = 2.347 LKR
12 January 20241 ISK = 2.343 LKR
15 January 20241 ISK = 2.336 LKR
16 January 20241 ISK = 2.343 LKR
17 January 20241 ISK = 2.329 LKR
18 January 20241 ISK = 2.319 LKR
19 January 20241 ISK = 2.319 LKR
22 January 20241 ISK = 2.325 LKR
23 January 20241 ISK = 2.326 LKR
24 January 20241 ISK = 2.324 LKR
25 January 20241 ISK = 2.325 LKR
26 January 20241 ISK = 2.315 LKR
29 January 20241 ISK = 2.306 LKR
30 January 20241 ISK = 2.300 LKR
31 January 20241 ISK = 2.300 LKR

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.

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

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.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

06/10/2008: Financial Crisis Begins

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

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

05/03/1981: Stock Exchange Established

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

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.

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.