Historic Icelandic Krona United States dollar

Icelandic Krona united states dollar history for August 2023. The highest quote for this month is 0.007618 (10/08/2023) and the lowest 0.007672 (10/08/2023). The difference between high and low is -0.71.

ISK USD average rate for August 2023 is 0.0076, the change between 01/08/2023 and 31/08/2023 is +0.45 %.

01 August 20231 ISK = 0.0076 USD
04 August 20231 ISK = 0.0076 USD
07 August 20231 ISK = 0.0076 USD
08 August 20231 ISK = 0.0076 USD
10 August 20231 ISK = 0.0076 USD
14 August 20231 ISK = 0.0076 USD
15 August 20231 ISK = 0.0076 USD
17 August 20231 ISK = 0.0076 USD
21 August 20231 ISK = 0.0076 USD
28 August 20231 ISK = 0.0076 USD

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.