Historic Icelandic Krona Ugandan Shilling

Icelandic Krona ugandan shilling history for February 2024. The highest quote for this month is 28.392 (27/02/2024) and the lowest 28.561 (26/02/2024). The difference between high and low is -0.6.

ISK UGX average rate for February 2024 is 27.85605, the change between 01/02/2024 and 29/02/2024 is -2.91 %.

01 February 20241 ISK = 27.50 UGX
02 February 20241 ISK = 27.79 UGX
05 February 20241 ISK = 27.78 UGX
06 February 20241 ISK = 27.52 UGX
07 February 20241 ISK = 27.54 UGX
08 February 20241 ISK = 27.54 UGX
09 February 20241 ISK = 27.58 UGX
12 February 20241 ISK = 27.78 UGX
13 February 20241 ISK = 27.80 UGX
14 February 20241 ISK = 27.60 UGX
15 February 20241 ISK = 27.69 UGX
16 February 20241 ISK = 27.74 UGX
19 February 20241 ISK = 27.83 UGX
20 February 20241 ISK = 27.85 UGX
21 February 20241 ISK = 28.02 UGX
22 February 20241 ISK = 28.04 UGX
23 February 20241 ISK = 28.10 UGX
26 February 20241 ISK = 28.29 UGX
27 February 20241 ISK = 28.39 UGX
28 February 20241 ISK = 28.30 UGX
29 February 20241 ISK = 28.30 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

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.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

06/10/2008: Financial Crisis Begins

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

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

05/03/1981: Stock Exchange Established

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

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

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.