Currency and Banks in Iceland: The Icelandic Króna

Posted on February 24, 2009 by

In Iceland is in force the Icelandic Króna (isk). The Euro is accepted only in some places, mainly in the capital.

It is useful, in case you wish to pay cash, to change money and buy local currency, considering that the exchange value of the Króna is very favourable for the Euro. It is anyway worth to remark that everywhere, also in small shops, payment with credit card is accepted even to settle small amounts.

The Króna is available in 1, 5, 10, 100 coins, that on one side report the engraving of sea animals, and on the other side a locket divided in four parts, and reporting the image of an eagle, a dragon, a bull and a giant: these animals are the four Guardians of Iceland, that watch over it on the North, on the East, on the West and on the South respectively.

There are also 10, 50, 1000, 2000, 5000 isk banknotes.

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