FACTOID # 156: Tax makes up half of the of Gross Domestic Product in Denmark and Sweden. In Japan and the United States, it makes up less than 30%.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Icelandic króna
Icelandic Króna Banknotes
Denomination Portrait
10 Arngrímur Jónsson the Learned
50 Guðbrandur Þorláksson
100 Árni Magnússon
500 Jón Sigurðsson
1000 Brynjólfur Sveinsson
2000 Jóhannes Kjarval
5000 Ragnheiður Jónsdóttir
Icelandic Króna Coins
Image:Iceland_coin2.JPG
100 krónur (1995)

Króna is the name of the currency used in Iceland . The plural form is krónur. The name, meaning "crown", is analogous to that of other Nordic currencies. The ISO currency code is ISK. A £20 Ulster Bank banknote. ... Arngrímur Jónsson the Learned (Icelandic: Arngrímur Jónsson lærði) was a scholar that lived in Iceland from 1568 until 1648. ... Guðbrandur Þorláksson (1541–1627) was a mathematician, cartographer and bishop in Hólar, Iceland. ... Árni Magnússon was a clergyman and writer from Iceland. ... Einar Jonssons statue of Jon Sigurdsson in Reykjavik. ... Brynjólfur Sveinsson (1605–1675) served as Bishop of the village Skálholt in the south of Iceland. ... The Icelandic painter Jóhannes S. (Sveinsson) Kjarval was born in 1885 and died in 1972, He is one of the most famous artists of Iceland The works of this painter are very different in style. ... 1¢ euro coin A coin is generally a piece of hard material, generally metal and usually in the shape of a disc, which is used as a form of money. ... Icelandic 100 Krona Coin File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... 1995 was a common year starting on Sunday of the Gregorian calendar. ... The Nordic countries (Greenland not shown) The Nordic countries is a term used collectively for five countries in Northern Europe. ... Iso (iso-) is a prefix indicating similarity or equality. ...


The Icelandic króna became a separate currency from the Scandinavian krona after dissolution of the Scandinavian Monetary Union at World War I and after gaining sovereignty from Denmark in 1918. Circulation of the Icelandic króna is since 1961 controlled by Seðlabanki Íslands, the Central Bank of Iceland. In 1980 the Icelandic króna was revalued, with 100 old krónur being worth 1 new króna. Technically the króna is composed of 100 aurar (singular eyrir), although in practice coins of less than 1 Króna have not circulated for many years. The Scandinavian Monetary Union, or Skandinaviska myntunionen in Swedish and Skandinaviske møntunion in Danish, was a monetary union formed by Sweden and Denmark on May 5, 1873 by fixing their currencies against gold at par to each other. ... Missing image Ypres, 1917, in the vicinity of the Battle of Passchendaele. ... 1918 was a common year starting on Tuesday (see link for calendar). ... 1961 (As MAD Magazine pointed out on its first cover for the year) was the first upside-down year—i. ... Seðlabanki Íslands (Central Bank of Iceland in Icelandic) is the central bank of Iceland. ... 1980 is a leap year starting on Tuesday. ...


As of 2003, the following notes and coins (issued since 1980) are legal tender:

  • Notes: 5000, 2000, 1000, 500, (100, 50, 10 krónur.)
  • Coins: 100, 50, 10, 5, 1 krónur, (and 50, 10, 5 aurar.)

In practice, notes of 100 krónur or less, and coins of less that 1 króna no longer circulate, as they have been withdrawn by the central bank.


In September 2002 the Icelandic Prime Minister signed two regulations, saying that all monetary amounts on invoices and financial claims should be stated and paid in whole krónur only, and that coins of less value than one króna should be recalled from circulation. As of October 1st 2003, Icelandic banks no longer accept the 5, 10 and 50 aurar coins. Davíð Oddsson Davíð Oddsson (born 17 January 1948, in Reykjavík) is an Icelandic politician and the longest serving Prime Minister of Iceland (1991–2004). ...


Before this, the 5 aurar coin was the least valued coin that was circulating in the world.


See also: Scandinavian Monetary Union The Scandinavian Monetary Union, or Skandinaviska myntunionen in Swedish and Skandinaviske møntunion in Danish, was a monetary union formed by Sweden and Denmark on May 5, 1873 by fixing their currencies against gold at par to each other. ...


External Links

  • Central Bank of Iceland (http://www.sedlabanki.is/template4.asp?pageid=145) - Exchange rates
  • Ron Wise's World Paper Money Homepage (http://aes.iupui.edu/rwise/countries/iceland.html) - Scans of Icelandic notes
Krones

Current Krones: Czech Koruna | Danish krone | Estonian Kroon | Faroese króna | Icelandic Króna | Norwegian krone | Slovak Koruna | Swedish Krona Krone can mean: Krone - the former currency of the Austro-Hungarian Empire from 1892. ... The Koruna (English translation Crown) is the currency used in the Czech Republic and Slovakia. ... The Danish krone is the currency used in Denmark and the Danish dependency of Greenland. ... The Kroon is the official currency of Estonia. ... The Faroese króna is the currency of the Faroes. ... Krone is the name of the currency used in Norway. ... The Koruna (English translation Crown) is the currency used in the Czech Republic and Slovakia. ... This article is about the Swedish unit of currency. ...

Formerly used Krones: Austro-Hungarian krone The Austro-Hungarian Empire adopted the gold standard in 1892 when the new currency of the Krone (Crown, also known in Hungarian and other imperial languages as the Koruna) of 100 hellers was introduced. ...


Currencies of Europe
Eurozone Euro
Nordic countries Danish krone | Faroese króna | Icelandic króna | Norwegian krone | Swedish krona
Baltic Estonian kroon | Latvian lat | Lithuanian litas
Western Swiss franc | British Pound | Guernsey Pound | Isle of Man pound | Jersey pound
Central Czech koruna | Hungarian forint | Polish zloty | Slovak koruna | Slovenian tolar
Eastern Belarusian ruble | Moldovan leu | Russian rouble | Transnistrian rouble | Ukrainian hryvnia
Balkans Albanian lek | Bulgarian lev | Bosnian marka | Croatian kuna | Macedonian denar | Romanian leu | Serbian dinar
Mediterranean Cypriot pound | Gibraltar pound | Maltese lira | New Turkish lira
Transcaucasia Armenian dram | Azeri manat | Georgian lari


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.