Danish Krone icelandic krona exchange rate history (DKK ISK) August 2023

Danish Krone icelandic krona history for August 2023. The highest quote for this month is 19.429 (07/08/2023) and the lowest 19.423 (08/08/2023). The difference between high and low is 0.03.

DKK ISK average rate for August 2023 is 19.2607, the change between 01/08/2023 and 31/08/2023 is +1.25 %.

01 August 2023	1 DKK = 19.32 ISK
02 August 2023	1 DKK = 19.32 ISK
03 August 2023	1 DKK = 19.38 ISK
04 August 2023	1 DKK = 19.38 ISK
07 August 2023	1 DKK = 19.43 ISK
08 August 2023	1 DKK = 19.43 ISK
09 August 2023	1 DKK = 19.35 ISK
10 August 2023	1 DKK = 19.32 ISK
11 August 2023	1 DKK = 19.35 ISK
14 August 2023	1 DKK = 19.38 ISK
15 August 2023	1 DKK = 19.30 ISK
16 August 2023	1 DKK = 19.29 ISK
17 August 2023	1 DKK = 19.30 ISK
18 August 2023	1 DKK = 19.24 ISK
21 August 2023	1 DKK = 19.24 ISK
22 August 2023	1 DKK = 19.24 ISK
23 August 2023	1 DKK = 19.21 ISK
24 August 2023	1 DKK = 19.16 ISK
25 August 2023	1 DKK = 19.16 ISK
28 August 2023	1 DKK = 19.05 ISK
29 August 2023	1 DKK = 19.05 ISK
30 August 2023	1 DKK = 19.02 ISK
31 August 2023	1 DKK = 19.08 ISK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

05/03/1981: Stock Exchange Established

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

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/05/1940: Occupation of Iceland

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

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

01/01/1922: Currency Board Established

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

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.

Historic Danish Krone Icelandic Krona