Historic Icelandic Krona Barbadian dollar

Icelandic Krona barbadian dollar history for January 2024. The highest quote for this month is 0.014594 (01/01/2024) and the lowest 0.014615 (24/01/2024). The difference between high and low is -0.14.

ISK BBD average rate for January 2024 is 0.01444, the change between 01/01/2024 and 31/01/2024 is +0.81 %.

01 January 20241 ISK = 0.0146 BBD
02 January 20241 ISK = 0.0146 BBD
03 January 20241 ISK = 0.0144 BBD
04 January 20241 ISK = 0.0143 BBD
05 January 20241 ISK = 0.0144 BBD
08 January 20241 ISK = 0.0143 BBD
09 January 20241 ISK = 0.0144 BBD
10 January 20241 ISK = 0.0144 BBD
11 January 20241 ISK = 0.0145 BBD
12 January 20241 ISK = 0.0145 BBD
15 January 20241 ISK = 0.0144 BBD
16 January 20241 ISK = 0.0145 BBD
17 January 20241 ISK = 0.0144 BBD
18 January 20241 ISK = 0.0144 BBD
19 January 20241 ISK = 0.0144 BBD
22 January 20241 ISK = 0.0145 BBD
23 January 20241 ISK = 0.0145 BBD
24 January 20241 ISK = 0.0145 BBD
25 January 20241 ISK = 0.0145 BBD
26 January 20241 ISK = 0.0145 BBD
29 January 20241 ISK = 0.0145 BBD
30 January 20241 ISK = 0.0144 BBD
31 January 20241 ISK = 0.0145 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

05/03/1981: Stock Exchange Established

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

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

10/05/1940: Occupation of Iceland

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

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

01/01/1922: Currency Board Established

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