Historic Icelandic Krona Moroccan dirham

Icelandic Krona moroccan dirham history for February 2024. The highest quote for this month is 0.073277 (21/02/2024) and the lowest 0.071453 (01/02/2024). The difference between high and low is 2.49.

ISK MAD average rate for February 2024 is 0.07239, the change between 01/02/2024 and 29/02/2024 is +2.29 %.

01 February 20241 ISK = 0.0730 MAD
02 February 20241 ISK = 0.0736 MAD
05 February 20241 ISK = 0.0712 MAD
06 February 20241 ISK = 0.0709 MAD
07 February 20241 ISK = 0.0733 MAD
08 February 20241 ISK = 0.0732 MAD
09 February 20241 ISK = 0.0729 MAD
12 February 20241 ISK = 0.0707 MAD
13 February 20241 ISK = 0.0730 MAD
14 February 20241 ISK = 0.0726 MAD
15 February 20241 ISK = 0.0728 MAD
16 February 20241 ISK = 0.0729 MAD
19 February 20241 ISK = 0.0708 MAD
20 February 20241 ISK = 0.0709 MAD
21 February 20241 ISK = 0.0735 MAD
22 February 20241 ISK = 0.0734 MAD
23 February 20241 ISK = 0.0733 MAD
26 February 20241 ISK = 0.0707 MAD
27 February 20241 ISK = 0.0728 MAD
28 February 20241 ISK = 0.0732 MAD
29 February 20241 ISK = 0.0713 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

05/03/1981: Stock Exchange Established

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

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
ISK MAD July 2023
ISK MAD August 2023
ISK MAD September 2023
ISK MAD October 2023
ISK MAD November 2023
ISK MAD December 2023
ISK MAD January 2024
ISK MAD February 2024
ISK MAD March 2024
ISK MAD April 2024
ISK MAD May 2024
ISK MAD June 2024
ISK MAD July 2024