Historic Singapore dollar Icelandic Krona

Singapore dollar icelandic krona history for September 2023. The highest quote for this month is 100.61 (29/09/2023) and the lowest 100.12 (28/09/2023). The difference between high and low is 0.49.

SGD ISK average rate for September 2023 is 98.8949, the change between 01/09/2023 and 30/09/2023 is -3.49 %.

01 September 20231 SGD = 96.82 ISK
04 September 20231 SGD = 97.73 ISK
05 September 20231 SGD = 98.20 ISK
06 September 20231 SGD = 97.97 ISK
07 September 20231 SGD = 98.14 ISK
08 September 20231 SGD = 98.16 ISK
11 September 20231 SGD = 98.12 ISK
12 September 20231 SGD = 98.05 ISK
13 September 20231 SGD = 98.00 ISK
14 September 20231 SGD = 98.57 ISK
15 September 20231 SGD = 99.93 ISK
18 September 20231 SGD = 99.64 ISK
19 September 20231 SGD = 99.32 ISK
20 September 20231 SGD = 99.34 ISK
21 September 20231 SGD = 99.03 ISK
22 September 20231 SGD = 99.51 ISK
25 September 20231 SGD = 99.69 ISK
26 September 20231 SGD = 100.0 ISK
27 September 20231 SGD = 100.1 ISK
28 September 20231 SGD = 100.3 ISK
29 September 20231 SGD = 100.2 ISK

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations 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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

05/03/1981: Stock Exchange Established

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

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.