Icelandic Krona united states dollar history for July 2023. The highest quote for this month is 0.007613 (31/07/2023) and the lowest 0.007672 (31/07/2023). The difference between high and low is -0.77.
ISK USD average rate for July 2023 is 0.0075, the change between 01/07/2023 and 31/07/2023 is -4.38 %.
| 05 July 2023 | 1 ISK = 0.0073 USD |
| 25 July 2023 | 1 ISK = 0.0076 USD |
| 31 July 2023 | 1 ISK = 0.0076 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.