Historic Swiss franc Icelandic Krona

Swiss franc icelandic krona history for November 2023. The highest quote for this month is 159.41 (23/11/2023) and the lowest 158.85 (15/11/2023). The difference between high and low is 0.35.

CHF ISK average rate for November 2023 is 156.68636, the change between 01/11/2023 and 30/11/2023 is -2.47 %.

01 November 20231 CHF = 152.9 ISK
02 November 20231 CHF = 153.7 ISK
03 November 20231 CHF = 153.6 ISK
06 November 20231 CHF = 154.2 ISK
07 November 20231 CHF = 155.8 ISK
08 November 20231 CHF = 156.0 ISK
09 November 20231 CHF = 156.2 ISK
10 November 20231 CHF = 156.7 ISK
13 November 20231 CHF = 157.3 ISK
14 November 20231 CHF = 159.3 ISK
15 November 20231 CHF = 158.4 ISK
16 November 20231 CHF = 159.3 ISK
17 November 20231 CHF = 158.7 ISK
20 November 20231 CHF = 157.8 ISK
21 November 20231 CHF = 157.2 ISK
22 November 20231 CHF = 158.5 ISK
23 November 20231 CHF = 159.6 ISK
24 November 20231 CHF = 158.2 ISK
27 November 20231 CHF = 155.6 ISK
28 November 20231 CHF = 155.7 ISK
29 November 20231 CHF = 155.8 ISK
30 November 20231 CHF = 156.7 ISK

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

05/03/1981: Stock Exchange Established

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

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

10/05/1940: Occupation of Iceland

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

01/01/1922: Currency Board Established

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

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.