Historic Philippine peso Icelandic Krona

Philippine peso icelandic krona history for July 2023. The highest quote for this month is 2.4745 (03/07/2023) and the lowest 2.4787 (18/07/2023). The difference between high and low is -0.17.

PHP ISK average rate for July 2023 is 2.41582, the change between 01/07/2023 and 31/07/2023 is +2.97 %.

03 July 20231 PHP = 2.462 ISK
04 July 20231 PHP = 2.464 ISK
05 July 20231 PHP = 2.477 ISK
06 July 20231 PHP = 2.461 ISK
07 July 20231 PHP = 2.415 ISK
10 July 20231 PHP = 2.410 ISK
11 July 20231 PHP = 2.401 ISK
12 July 20231 PHP = 2.408 ISK
13 July 20231 PHP = 2.414 ISK
14 July 20231 PHP = 2.403 ISK
17 July 20231 PHP = 2.403 ISK
18 July 20231 PHP = 2.395 ISK
19 July 20231 PHP = 2.395 ISK
20 July 20231 PHP = 2.389 ISK
21 July 20231 PHP = 2.399 ISK
24 July 20231 PHP = 2.398 ISK
25 July 20231 PHP = 2.422 ISK
26 July 20231 PHP = 2.406 ISK
27 July 20231 PHP = 2.409 ISK
28 July 20231 PHP = 2.414 ISK
31 July 20231 PHP = 2.389 ISK

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

10/05/1940: Occupation of Iceland

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

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

01/01/1922: Currency Board Established

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

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.