Historic Singapore dollar Icelandic Krona

Singapore dollar icelandic krona history for January 2024. The highest quote for this month is 103.71 (03/01/2024) and the lowest 103.51 (03/01/2024). The difference between high and low is 0.19.

SGD ISK average rate for January 2024 is 102.38609, the change between 01/01/2024 and 31/01/2024 is +0.95 %.

01 January 20241 SGD = 102.9 ISK
02 January 20241 SGD = 102.9 ISK
03 January 20241 SGD = 103.6 ISK
04 January 20241 SGD = 103.6 ISK
05 January 20241 SGD = 103.2 ISK
08 January 20241 SGD = 103.4 ISK
09 January 20241 SGD = 103.4 ISK
10 January 20241 SGD = 103.1 ISK
11 January 20241 SGD = 102.4 ISK
12 January 20241 SGD = 102.6 ISK
15 January 20241 SGD = 102.4 ISK
16 January 20241 SGD = 102.0 ISK
17 January 20241 SGD = 102.0 ISK
18 January 20241 SGD = 101.9 ISK
19 January 20241 SGD = 102.1 ISK
22 January 20241 SGD = 101.7 ISK
23 January 20241 SGD = 101.5 ISK
24 January 20241 SGD = 101.6 ISK
25 January 20241 SGD = 101.2 ISK
26 January 20241 SGD = 101.7 ISK
29 January 20241 SGD = 101.7 ISK
30 January 20241 SGD = 102.1 ISK
31 January 20241 SGD = 101.9 ISK

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

05/03/1981: Stock Exchange Established

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

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.