Historic Icelandic Krona United States dollar

Icelandic Krona united states dollar history for February 2024. The highest quote for this month is 0.007287 (02/02/2024) and the lowest 0.007374 (02/02/2024). The difference between high and low is -1.19.

ISK USD average rate for February 2024 is 0.00728, the change between 01/02/2024 and 29/02/2024 is +0.36 %.

01 February 20241 ISK = 0.0073 USD
02 February 20241 ISK = 0.0074 USD
05 February 20241 ISK = 0.0073 USD
06 February 20241 ISK = 0.0073 USD
07 February 20241 ISK = 0.0073 USD
08 February 20241 ISK = 0.0073 USD
09 February 20241 ISK = 0.0073 USD
12 February 20241 ISK = 0.0073 USD
13 February 20241 ISK = 0.0073 USD
14 February 20241 ISK = 0.0072 USD
15 February 20241 ISK = 0.0072 USD
16 February 20241 ISK = 0.0073 USD
19 February 20241 ISK = 0.0073 USD
20 February 20241 ISK = 0.0073 USD
21 February 20241 ISK = 0.0073 USD
22 February 20241 ISK = 0.0073 USD
23 February 20241 ISK = 0.0073 USD
26 February 20241 ISK = 0.0073 USD
27 February 20241 ISK = 0.0073 USD
28 February 20241 ISK = 0.0073 USD
29 February 20241 ISK = 0.0073 USD

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.