Convert Euro to Icelandic Króna
Please provide values below to convert Euro [EUR] to Icelandic Króna [ISK], or Convert Icelandic Króna to Euro.
How to Convert Euro to Icelandic Króna
1 EUR = 0.00700591152027541 ISK
Example: convert 15 EUR to ISK:
15 EUR = 15 × 0.00700591152027541 ISK = 0.105088672804131 ISK
Euro to Icelandic Króna Conversion Table
| Euro | Icelandic Króna |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.