Historic United States dollar Icelandic Krona

United States dollar icelandic krona history for August 2023. The highest quote for this month is 132.37 (17/08/2023) and the lowest 131.6 (14/08/2023). The difference between high and low is 0.58.

USD ISK average rate for August 2023 is 131.633, the change between 01/08/2023 and 31/08/2023 is -0.45 %.

01 August 20231 USD = 130.9 ISK
04 August 20231 USD = 131.8 ISK
07 August 20231 USD = 131.6 ISK
08 August 20231 USD = 131.6 ISK
10 August 20231 USD = 131.2 ISK
14 August 20231 USD = 131.9 ISK
15 August 20231 USD = 131.8 ISK
17 August 20231 USD = 132.2 ISK
21 August 20231 USD = 131.8 ISK
28 August 20231 USD = 131.5 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.

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.