Historic Icelandic Krona Arab Emirates Dirham

Icelandic Krona arab emirates dirham history for January 2024. The highest quote for this month is 0.027059 (01/01/2024) and the lowest 0.027202 (24/01/2024). The difference between high and low is -0.53.

ISK AED average rate for January 2024 is 0.02688, the change between 01/01/2024 and 31/01/2024 is +0.57 %.

01 January 20241 ISK = 0.0271 AED
02 January 20241 ISK = 0.0271 AED
03 January 20241 ISK = 0.0267 AED
04 January 20241 ISK = 0.0267 AED
05 January 20241 ISK = 0.0268 AED
08 January 20241 ISK = 0.0267 AED
09 January 20241 ISK = 0.0267 AED
10 January 20241 ISK = 0.0268 AED
11 January 20241 ISK = 0.0269 AED
12 January 20241 ISK = 0.0269 AED
15 January 20241 ISK = 0.0269 AED
16 January 20241 ISK = 0.0270 AED
17 January 20241 ISK = 0.0268 AED
18 January 20241 ISK = 0.0268 AED
19 January 20241 ISK = 0.0268 AED
22 January 20241 ISK = 0.0269 AED
23 January 20241 ISK = 0.0270 AED
24 January 20241 ISK = 0.0269 AED
25 January 20241 ISK = 0.0271 AED
26 January 20241 ISK = 0.0270 AED
29 January 20241 ISK = 0.0269 AED
30 January 20241 ISK = 0.0268 AED
31 January 20241 ISK = 0.0269 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

05/03/1981: Stock Exchange Established

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

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
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