Icelandic Króna to Swedish Krona

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 Swedish Krona (symbol: kr, code: SEK, number 752) is the national currency introduced in 1873 as the currency of the Scandinavian Monetary Union. It has later on become the internal currency for Sweden. Although Sweden is a member of the EU, the payments are supposed to be done officially is in kronas.

So far, joining the Eurozone with further transition to the single currency system is not being considered. One krona is subdivided into 100 ore coins. Ore has been discontinued, remaining only part of the formal mathematical financial accounting.