Icelandic Krona


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Icelandic Krona

The currency of Iceland. It came into existence in 1981 after a revaluation of the first Icelandic krona. It is not a widely traded currency, and, while it is a floating currency, the Central Bank of Iceland manages it closely.
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The poor performance is attributed to the high price of oil and devaluation of the Icelandic krona.

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