Icelandic Króna to Angolan Kwanza

The Icelandic krona (symbol: kr, codes: ISK, and 352) is the national currency of Iceland. Since the country is not a member of the EU and the Eurozone, the krona is the only official currency in the state. One krona is subdivided into 100 aurar, but coins less than 1 krona have been discontinued.

The Icelandic krone banknotes have been printed since 1885, remaining one of the few European currencies to have been preserved virtually unchanged since the 19th century. In 1981, a denomination took place in Iceland. Citizens received the new krone at the rate of 100: 1.

The Angolan kwanza (sign Kz, code AOA) is issued only in one country – Angola. Since 1999, one Angolan kwanza equals 100 centimos, but it was previously subdivided into lwei. The currency itself has been issued in 1977 replacing the old Angolan escudo.

A monetary reform restricted the exchange of escudo to new notes. The government turned a part of old units into debt obligations to the population. Now, the Angolan kwanza is printed at the Russian enterprise Goznak.