Iceland Krona (ISK)

The Iceland Krona is issued by the Central Bank of Iceland.

Alphabetic code
ISK
Numeric code
352
Symbol
kr
Minor units
0
Example
ISK 1,235
Used in
Iceland

History

  1. 1981 A new króna equal to 100 old krónur is introduced at the start of the year.
  2. 2008 Comprehensive capital controls are introduced in November, after about 90 per cent of the banking system had collapsed and the króna had fallen 26 per cent in a sudden stop.
  3. 2017 On 14 March Iceland lifts capital controls on individuals, firms and pension funds, leaving minimal restrictions.

Live exchange rates

Sources