Historic Kyrgyzstani som Icelandic Krona

Kyrgyzstani som icelandic krona history for January 2024. The highest quote for this month is 1.5459 (08/01/2024) and the lowest 1.5392 (08/01/2024). The difference between high and low is 0.43.

KGS ISK average rate for January 2024 is 1.53011, the change between 01/01/2024 and 31/01/2024 is +1.02 %.

08 January 20241 KGS = 1.544 ISK
09 January 20241 KGS = 1.539 ISK
10 January 20241 KGS = 1.536 ISK
11 January 20241 KGS = 1.526 ISK
12 January 20241 KGS = 1.527 ISK
15 January 20241 KGS = 1.528 ISK
16 January 20241 KGS = 1.524 ISK
17 January 20241 KGS = 1.534 ISK
18 January 20241 KGS = 1.535 ISK
19 January 20241 KGS = 1.536 ISK
22 January 20241 KGS = 1.527 ISK
23 January 20241 KGS = 1.526 ISK
24 January 20241 KGS = 1.526 ISK
25 January 20241 KGS = 1.519 ISK
26 January 20241 KGS = 1.526 ISK
29 January 20241 KGS = 1.529 ISK
30 January 20241 KGS = 1.532 ISK
31 January 20241 KGS = 1.528 ISK

01/01/2022: Transition to Central Bank of Russia Currency

Kyrgyzstan joined the Eurasian Economic Union and adopted the Russian ruble as its official currency, replacing the Kyrgyzstani Som.

13/03/2020: COVID-19 Pandemic Effects

The COVID-19 pandemic caused economic disruptions and uncertainty, affecting the Kyrgyzstani Som's exchange rate.

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.

20/05/2014: Kazakhstani Tenge Devaluation

Kazakhstan devalued its currency, the tenge, which had a significant impact on the Kyrgyzstani Som, leading to its depreciation.

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.

07/04/2010: Protests and Political Unrest

Large-scale protests and political unrest erupted in Kyrgyzstan, causing instability and impacting the value of the Som.

01/12/2008: Global Financial Crisis Impact

The global financial crisis led to a sharp depreciation of the Kyrgyzstani Som, affecting the country's economy.

06/10/2008: Financial Crisis Begins

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

01/11/1995: Introduction of New Som

The Kyrgyzstani government introduced the new som, with 1 new som being equivalent to 200 old som.

10/05/1993: Introduction of the Kyrgyzstani Som

The Kyrgyzstani Som was introduced as the official currency of Kyrgyzstan, replacing the Soviet ruble.

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.