Icelandic Krona united states dollar history for March 2024. The highest quote for this month is 0.007348 (11/03/2024) and the lowest 0.007384 (08/03/2024). The difference between high and low is -0.49.
ISK USD average rate for March 2024 is 0.0073, the change between 01/03/2024 and 31/03/2024 is -1.46 %.
| 01 March 2024 | 1 ISK = 0.0072 USD |
| 04 March 2024 | 1 ISK = 0.0073 USD |
| 05 March 2024 | 1 ISK = 0.0073 USD |
| 06 March 2024 | 1 ISK = 0.0073 USD |
| 07 March 2024 | 1 ISK = 0.0073 USD |
| 08 March 2024 | 1 ISK = 0.0074 USD |
| 11 March 2024 | 1 ISK = 0.0073 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.