Historic Icelandic Krona United States dollar

Icelandic Krona united states dollar history for December 2023. The highest quote for this month is 0.007383 (28/12/2023) and the lowest 0.007419 (28/12/2023). The difference between high and low is -0.49.

ISK USD average rate for December 2023 is 0.00726, the change between 01/12/2023 and 31/12/2023 is -2.02 %.

01 December 20231 ISK = 0.0072 USD
04 December 20231 ISK = 0.0072 USD
05 December 20231 ISK = 0.0072 USD
06 December 20231 ISK = 0.0072 USD
07 December 20231 ISK = 0.0072 USD
08 December 20231 ISK = 0.0072 USD
11 December 20231 ISK = 0.0072 USD
12 December 20231 ISK = 0.0072 USD
13 December 20231 ISK = 0.0072 USD
14 December 20231 ISK = 0.0072 USD
15 December 20231 ISK = 0.0073 USD
18 December 20231 ISK = 0.0073 USD
19 December 20231 ISK = 0.0073 USD
20 December 20231 ISK = 0.0073 USD
21 December 20231 ISK = 0.0073 USD
22 December 20231 ISK = 0.0073 USD
25 December 20231 ISK = 0.0073 USD
26 December 20231 ISK = 0.0073 USD
27 December 20231 ISK = 0.0074 USD
28 December 20231 ISK = 0.0074 USD
29 December 20231 ISK = 0.0074 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.