Historic New Zealand Dollar Icelandic Krona

New Zealand Dollar icelandic krona history for October 2023. The highest quote for this month is 83.22 (11/10/2023) and the lowest 83.181 (11/10/2023). The difference between high and low is 0.05.

NZD ISK average rate for October 2023 is 81.65564, the change between 01/10/2023 and 31/10/2023 is +2.06 %.

02 October 20231 NZD = 82.46 ISK
03 October 20231 NZD = 83.00 ISK
04 October 20231 NZD = 82.23 ISK
05 October 20231 NZD = 81.90 ISK
06 October 20231 NZD = 81.80 ISK
09 October 20231 NZD = 81.68 ISK
10 October 20231 NZD = 82.89 ISK
11 October 20231 NZD = 83.17 ISK
12 October 20231 NZD = 82.83 ISK
13 October 20231 NZD = 82.16 ISK
16 October 20231 NZD = 81.96 ISK
17 October 20231 NZD = 81.63 ISK
18 October 20231 NZD = 81.51 ISK
19 October 20231 NZD = 81.10 ISK
20 October 20231 NZD = 80.59 ISK
23 October 20231 NZD = 80.69 ISK
24 October 20231 NZD = 80.49 ISK
25 October 20231 NZD = 81.00 ISK
26 October 20231 NZD = 80.68 ISK
27 October 20231 NZD = 81.21 ISK
30 October 20231 NZD = 80.69 ISK
31 October 20231 NZD = 80.76 ISK

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

06/10/2008: Financial Crisis Begins

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

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

05/03/1981: Stock Exchange Established

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

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.