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Iceland
Eyrir (Aurar); Krona (Kronur)
The króna is the currency of Iceland. It is
subdivided into 100 aurar
The first notes issued in 1885 by the Lansssjod Islands were in
denominations of 5, 10 and 50 krónur. In 1904, the Bank of Iceland
later introduced 100 króna
notes. In the twenties the Rikissjod Islands began issuing paper money, with
notes for 1, 5, 10 and 50 krónur.
In 1929, another bank, the Landsbanki Íslands took over issuance of
denominations of 5 krónur and above.. The Landsbanki Íslands
introduced 500 króna notes in 1935, followed by 25 and 1000 króna notes
in 1957.
In 1961, the Seđlabanki Íslands became the central bank of Iceland and
started issuing paper money, in denominations of 10, 25, 100, 500, 1000
and 5000 krónur. |
