Historic Icelandic Krona Seychellois Rupee

Icelandic Krona seychellois rupee history for March 2024. The highest quote for this month is 0.09931 (11/03/2024) and the lowest 0.09428 (11/03/2024). The difference between high and low is 5.06.

ISK SCR average rate for March 2024 is 0.09388, the change between 01/03/2024 and 31/03/2024 is -9.34 %.

01 March 20241 ISK = 0.0906 SCR
04 March 20241 ISK = 0.0972 SCR
05 March 20241 ISK = 0.0910 SCR
06 March 20241 ISK = 0.0927 SCR
07 March 20241 ISK = 0.0929 SCR
08 March 20241 ISK = 0.0936 SCR
11 March 20241 ISK = 0.0991 SCR

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.

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.

05/03/1981: Stock Exchange Established

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

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.