Historic Icelandic Krona Swiss franc

Icelandic Krona swiss franc history for January 2024. The highest quote for this month is 0.006382 (23/01/2024) and the lowest 0.006394 (22/01/2024). The difference between high and low is -0.19.

ISK CHF average rate for January 2024 is 0.00627, the change between 01/01/2024 and 31/01/2024 is -1.92 %.

01 January 20241 ISK = 0.0062 CHF
02 January 20241 ISK = 0.0062 CHF
03 January 20241 ISK = 0.0062 CHF
04 January 20241 ISK = 0.0062 CHF
05 January 20241 ISK = 0.0062 CHF
08 January 20241 ISK = 0.0062 CHF
09 January 20241 ISK = 0.0062 CHF
10 January 20241 ISK = 0.0062 CHF
11 January 20241 ISK = 0.0062 CHF
12 January 20241 ISK = 0.0062 CHF
15 January 20241 ISK = 0.0063 CHF
16 January 20241 ISK = 0.0063 CHF
17 January 20241 ISK = 0.0063 CHF
18 January 20241 ISK = 0.0063 CHF
19 January 20241 ISK = 0.0063 CHF
22 January 20241 ISK = 0.0064 CHF
23 January 20241 ISK = 0.0064 CHF
24 January 20241 ISK = 0.0064 CHF
25 January 20241 ISK = 0.0064 CHF
26 January 20241 ISK = 0.0064 CHF
29 January 20241 ISK = 0.0063 CHF
30 January 20241 ISK = 0.0063 CHF
31 January 20241 ISK = 0.0063 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

05/03/1981: Stock Exchange Established

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

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
ISK CHF July 2023
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