Historic Icelandic Krona Barbadian dollar

Icelandic Krona barbadian dollar history for November 2023. The highest quote for this month is 0.014393 (29/11/2023) and the lowest 0.014443 (28/11/2023). The difference between high and low is -0.35.

ISK BBD average rate for November 2023 is 0.0141, the change between 01/11/2023 and 30/11/2023 is -1.73 %.

01 November 20231 ISK = 0.0142 BBD
02 November 20231 ISK = 0.0142 BBD
03 November 20231 ISK = 0.0141 BBD
06 November 20231 ISK = 0.0141 BBD
07 November 20231 ISK = 0.0141 BBD
08 November 20231 ISK = 0.0140 BBD
09 November 20231 ISK = 0.0141 BBD
10 November 20231 ISK = 0.0139 BBD
13 November 20231 ISK = 0.0139 BBD
14 November 20231 ISK = 0.0138 BBD
15 November 20231 ISK = 0.0140 BBD
16 November 20231 ISK = 0.0140 BBD
17 November 20231 ISK = 0.0140 BBD
20 November 20231 ISK = 0.0140 BBD
21 November 20231 ISK = 0.0142 BBD
22 November 20231 ISK = 0.0141 BBD
23 November 20231 ISK = 0.0140 BBD
24 November 20231 ISK = 0.0141 BBD
27 November 20231 ISK = 0.0143 BBD
28 November 20231 ISK = 0.0144 BBD
29 November 20231 ISK = 0.0144 BBD
30 November 20231 ISK = 0.0144 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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