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.
References in periodicals archive ?
The Icelandic crown, which has been sheltered by capital controls since the country's three largest lenders failed in October 2008, has strengthened by over 2% against the euro since the MPC's previous meeting, held in June 2010, without any foreign exchange market intervention by the central bank.
That means Havila Shipping is exposed to both the Icelandic crown and the Icelandic CPI.
A government spokesman has said the claims against Iceland's collapsed banks held by the firm owned by Gunnlaugsson's wife -- totalled more than 500 million Icelandic crowns ($4.
A spokesman in the prime minister's office has said the claims of the firm owned by the prime minister's wife totalled more than 500 million Icelandic crowns ($4.
It said the measures related to 1,200 billion Icelandic crowns (roughly
The Icelandic prime minister David Oddsson was reportedly so annoyed over a recent poll that showed the majority of Icelanders want to join the EU that he ordered his own poll, which featured questions like "If the direct Icelandic support for the EU comes to many millions of Icelandic crowns, do you want to join the EU".
In the study either 100 Swedish, Norwegian or Danish crowns, 100 Finnish marks or 1,000 Icelandic crowns were sent from bank branches to another Nordic country.