Historic Icelandic Krona Singapore dollar

Icelandic Krona singapore dollar history for August 2023. The highest quote for this month is 0.010344 (30/08/2023) and the lowest 0.01038 (30/08/2023). The difference between high and low is -0.35.

ISK SGD average rate for August 2023 is 0.01026, the change between 01/08/2023 and 31/08/2023 is -2.14 %.

01 August 20231 ISK = 0.0102 SGD
02 August 20231 ISK = 0.0102 SGD
03 August 20231 ISK = 0.0102 SGD
04 August 20231 ISK = 0.0102 SGD
07 August 20231 ISK = 0.0102 SGD
08 August 20231 ISK = 0.0102 SGD
09 August 20231 ISK = 0.0102 SGD
10 August 20231 ISK = 0.0103 SGD
11 August 20231 ISK = 0.0103 SGD
14 August 20231 ISK = 0.0103 SGD
15 August 20231 ISK = 0.0103 SGD
16 August 20231 ISK = 0.0103 SGD
17 August 20231 ISK = 0.0103 SGD
18 August 20231 ISK = 0.0103 SGD
21 August 20231 ISK = 0.0103 SGD
22 August 20231 ISK = 0.0103 SGD
23 August 20231 ISK = 0.0103 SGD
24 August 20231 ISK = 0.0103 SGD
25 August 20231 ISK = 0.0103 SGD
28 August 20231 ISK = 0.0103 SGD
29 August 20231 ISK = 0.0103 SGD
30 August 20231 ISK = 0.0103 SGD
31 August 20231 ISK = 0.0104 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

05/03/1981: Stock Exchange Established

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

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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 SGD July 2023
ISK SGD August 2023
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