Historic Fijian Dollar Icelandic Krona

Fijian Dollar icelandic krona history for January 2024. The highest quote for this month is 62.511 (08/01/2024) and the lowest 62.334 (08/01/2024). The difference between high and low is 0.28.

FJD ISK average rate for January 2024 is 61.5007, the change between 01/01/2024 and 31/01/2024 is +1.23 %.

01 January 20241 FJD = 62.17 ISK
02 January 20241 FJD = 62.17 ISK
03 January 20241 FJD = 62.00 ISK
04 January 20241 FJD = 61.95 ISK
05 January 20241 FJD = 62.29 ISK
08 January 20241 FJD = 62.48 ISK
09 January 20241 FJD = 61.79 ISK
10 January 20241 FJD = 61.61 ISK
11 January 20241 FJD = 61.16 ISK
12 January 20241 FJD = 61.20 ISK
15 January 20241 FJD = 62.04 ISK
16 January 20241 FJD = 61.53 ISK
17 January 20241 FJD = 61.63 ISK
18 January 20241 FJD = 61.51 ISK
19 January 20241 FJD = 61.64 ISK
22 January 20241 FJD = 61.33 ISK
23 January 20241 FJD = 60.44 ISK
24 January 20241 FJD = 60.48 ISK
25 January 20241 FJD = 60.28 ISK
26 January 20241 FJD = 61.22 ISK
29 January 20241 FJD = 61.29 ISK
30 January 20241 FJD = 60.94 ISK
31 January 20241 FJD = 61.40 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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

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.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

05/03/1981: Stock Exchange Established

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

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.