Historic Icelandic Krona Israeli Sheqel

Icelandic Krona israeli sheqel history for August 2023. The highest quote for this month is 0.029125 (31/08/2023) and the lowest 0.029083 (31/08/2023). The difference between high and low is 0.14.

ISK ILS average rate for August 2023 is 0.02842, the change between 01/08/2023 and 31/08/2023 is -3.85 %.

01 August 20231 ISK = 0.0280 ILS
02 August 20231 ISK = 0.0278 ILS
03 August 20231 ISK = 0.0278 ILS
04 August 20231 ISK = 0.0280 ILS
07 August 20231 ISK = 0.0277 ILS
08 August 20231 ISK = 0.0280 ILS
09 August 20231 ISK = 0.0283 ILS
10 August 20231 ISK = 0.0281 ILS
11 August 20231 ISK = 0.0282 ILS
14 August 20231 ISK = 0.0283 ILS
15 August 20231 ISK = 0.0284 ILS
16 August 20231 ISK = 0.0284 ILS
17 August 20231 ISK = 0.0284 ILS
18 August 20231 ISK = 0.0287 ILS
21 August 20231 ISK = 0.0288 ILS
22 August 20231 ISK = 0.0288 ILS
23 August 20231 ISK = 0.0287 ILS
24 August 20231 ISK = 0.0286 ILS
25 August 20231 ISK = 0.0287 ILS
28 August 20231 ISK = 0.0289 ILS
29 August 20231 ISK = 0.0290 ILS
30 August 20231 ISK = 0.0291 ILS
31 August 20231 ISK = 0.0291 ILS

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

05/03/1981: Stock Exchange Established

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

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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.