New Currency: The Icelandic Krona

As you know, in Eurochange we try to adapt our supply of foreign exchange to the requests of our customers. So after the requests that you have made of Icelandic Krona, we have this currency available. If you’re  traveling  to discover the “Land of Ice” do not miss this post.

The Icelandic Krona

The Icelandic Krona is the oficial currency of Iceland. its ISO code is ISK 4217 and is abbreviated with the letters kr. Each Krona is divided into 100 aurar, but currently the smallest unit is 1 Krona.

History

The first Krona who arrived in Iceland was the same that was used in Norway, Sweden and Denmark because Iceland was a Danish territory. In  the World War I this monetary union was dissolved and Iceland seceded from Denmark. The first Icelandic Kronas were minted in 1922.

Banknotes  and Coins

Icelandic Krona banknotes are 500, 1000, 2000, 5000 and 10000 Krona. Each of the names is dedicated to an important figure in Icelandic culture and tradition. As the writer Jónas Hallgrímsson; Ragnheidur Jónsdóttir, third wife of Bishop Gísli Þorláksson; the painter Jóhannes S. Kjarval; Brynjólfur Bishop Sveinsson or Jón Sigurðsson, leader of the Icelandic independence movement in the Nineteenth Century.

The Icelandic Krona coins are 1, 5, 1.0, 50 and 100 Kronas. A bull, a faucet, a dragon and a giant: in the reverse these four guardian spirits of Iceland appear. And on the cross appear different species of typical marine animals.

On the website of the Central Bank of Iceland you can see how  are the coins and currency notes.

Icelandic Krona rate

If you are traveling to Iceland and need to buy Icelandic Kronas, on our website you can see the rate daily updated. And you can ask an order of  the Crowns you need and receive them within 48-72 hours.

If  when you return you need to change your spare Crowns back to Euros, you can change them at any of our offices.

Have a good trip!