Search results
Results from the WOW.Com Content Network
However, as of January 2009 the krona was still not being traded regularly, with the European Central Bank (ECB) reference rate being set only intermittently, the last time on 3 December 2008 at 290 krona per euro. [15] The Icelandic krona similarly fell in value against the US dollar, from around 50 to 80 per dollar to about 110–115 per ...
A crown is a unit of currency used in Norway, Sweden, Denmark (including the Faroe Islands and Greenland), Iceland, and the Czech Republic. Alternative names [ edit ]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Help; Learn to edit; Community portal; Recent changes; Upload file
Language links are at the top of the page across from the title.
Iceland cut its ties to Denmark in 1944 and became a republic. The Icelandic króna soon became volatile, causing a high inflation and in 1980 a currency reform was introduced, in which 1 new Icelandic króna was set to 100 original ones. [4] The Scandinavian Monetary Union was inspired by the Latin Monetary Union, established in 1865. [5]
The Central Bank of Iceland (Icelandic: Seðlabanki Íslands, pronounced [ˈsɛðlaˌpauŋcɪ ˈistlan(t)s]) is the central bank or reserve bank of Iceland. It is owned by the Icelandic government, and is administered by a governor and a seven-member supervisory board, elected by the country's parliament following each general election. [ 2 ]
To take part in any discussion, or to review a more detailed deletion rationale please visit the relevant image page (File:Iceland Krona Coins.jpg) This is Bot placed notification, another user has nominated/tagged the image -- CommonsNotificationBot ( talk ) 23:14, 26 March 2012 (UTC) [ reply ]
Iceland became more isolated during World War I and suffered a significant decline in living standards. [19] [20] The treasury became highly indebted, there was a shortage of food and fears over an imminent famine. [19] [20] [21] Iceland traded significantly with the United Kingdom during the War, as Iceland found itself within its sphere of ...