Historic Ugandan Shilling Icelandic Krona

Ugandan Shilling icelandic krona history for January 2024. The highest quote for this month is 0.036667 (02/01/2024) and the lowest 0.036658 (08/01/2024). The difference between high and low is 0.02.

UGX ISK average rate for January 2024 is 0.0363, the change between 01/01/2024 and 31/01/2024 is +0.14 %.

01 January 20241 UGX = 0.0362 ISK
02 January 20241 UGX = 0.0362 ISK
03 January 20241 UGX = 0.0367 ISK
04 January 20241 UGX = 0.0365 ISK
05 January 20241 UGX = 0.0364 ISK
08 January 20241 UGX = 0.0368 ISK
09 January 20241 UGX = 0.0365 ISK
10 January 20241 UGX = 0.0365 ISK
11 January 20241 UGX = 0.0363 ISK
12 January 20241 UGX = 0.0363 ISK
15 January 20241 UGX = 0.0363 ISK
16 January 20241 UGX = 0.0361 ISK
17 January 20241 UGX = 0.0363 ISK
18 January 20241 UGX = 0.0363 ISK
19 January 20241 UGX = 0.0365 ISK
22 January 20241 UGX = 0.0363 ISK
23 January 20241 UGX = 0.0361 ISK
24 January 20241 UGX = 0.0361 ISK
25 January 20241 UGX = 0.0359 ISK
26 January 20241 UGX = 0.0361 ISK
29 January 20241 UGX = 0.0362 ISK
30 January 20241 UGX = 0.0363 ISK
31 January 20241 UGX = 0.0362 ISK

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline 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.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

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.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

05/03/1981: Stock Exchange Established

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

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

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.
UGX ISK January 2024
UGX ISK February 2024
UGX ISK March 2024
UGX ISK April 2024
UGX ISK May 2024
UGX ISK June 2024
UGX ISK July 2024
UGX ISK August 2024
UGX ISK September 2024
UGX ISK October 2024
UGX ISK November 2024
UGX ISK December 2024
UGX ISK January 2025