Icelandic Króna to Qatari Rial

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 Qatari riyal (sign QR, code QAR) is the official currency issued and accepted within the emirate-state of Qatar. The Qatari riyal is subdivided into dirhams. Every QAR has 100 dirhams.

The currency appeared in 1973 replacing the previous currency – the Qatar and Dubai riyal. This necessity to issue its own value was due to the fact that Dubai joined the United Arab Emirates. In 2017, the currency suffered from a large-scale inflation. However, the rate has stabilized itself.