Ethiopian birr icelandic krona exchange rate history (ETB ISK) November 2023

Ethiopian birr icelandic krona history for November 2023. The highest quote for this month is 2.5798 (14/11/2023) and the lowest 2.5635 (15/11/2023). The difference between high and low is 0.63.

ETB ISK average rate for November 2023 is 2.5186, the change between 01/11/2023 and 30/11/2023 is +2.04 %.

01 November 2023	1 ETB = 2.514 ISK
02 November 2023	1 ETB = 2.515 ISK
03 November 2023	1 ETB = 2.506 ISK
06 November 2023	1 ETB = 2.527 ISK
07 November 2023	1 ETB = 2.527 ISK
08 November 2023	1 ETB = 2.532 ISK
09 November 2023	1 ETB = 2.531 ISK
10 November 2023	1 ETB = 2.551 ISK
13 November 2023	1 ETB = 2.557 ISK
14 November 2023	1 ETB = 2.586 ISK
15 November 2023	1 ETB = 2.537 ISK
16 November 2023	1 ETB = 2.545 ISK
17 November 2023	1 ETB = 2.539 ISK
20 November 2023	1 ETB = 2.522 ISK
21 November 2023	1 ETB = 2.507 ISK
22 November 2023	1 ETB = 2.520 ISK
23 November 2023	1 ETB = 2.524 ISK
24 November 2023	1 ETB = 2.523 ISK
27 November 2023	1 ETB = 2.462 ISK
28 November 2023	1 ETB = 2.466 ISK
29 November 2023	1 ETB = 2.459 ISK
30 November 2023	1 ETB = 2.462 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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

05/03/1981: Stock Exchange Established

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

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

10/05/1940: Occupation of Iceland

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

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

01/01/1922: Currency Board Established

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

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.

Historic Ethiopian birr Icelandic Krona