ICELAND

(krona = 100 aur (aurar))

87-ISK
Text Box: The Central Bank of Iceland was established by an act of parlament in 1961, and the current Central Bank Act is no. 36/2001. In 1981, notes were issued (1new ISK= 100 old ISJ) in denominations of 10, 50, 100 and 500 krónur. 1000 krónur notes were introduced in 1984, followed by 5000 krónur notes in 1986 and 2000 krónur in 1995. Notes of 100 krónur or less are no longer in circulation. As of 2006, the vast majority of banknotes in circulation are of the 500, 1000, and 5000 denominations (these generally being the only notes dispensed in ATMs, for example). 2000 krónur notes exist but are unusual and are at times referred to as "tourist money" by the local population. Their use never became widespread. Text Box: Import / Export restrictions: Foreign currency: In: free Out: free Local currency: In: free Out: free

NOTES in circulation (1981+)

smaller NOTES (1981) replaced by coins

COINS in circulation (1981+)
Oval: to the rates Iceland_SI_10000_krónur_2001.05.22_B22a_PNL_H_03784301_fIceland_SI_10000_krónur_2001.05.22_B22a_PNL_H_03784301_r

 

NOTES and COINS we buy

buy / sell

% fixing

Valid till:

Notes  

ISK 10 000, 5 000, 2 000, 1 000, 500 (1981+)

xx / xx %

in circulation

ISK 100, 50, 10 (1981) (replaced with coins)  

?? / ?? %

redeemable “at least until 1.6.2008”??

 

older kronur (before 1981) are worthless (1981: 1 new krona = 100 old kronur )

 

 

 

 

 

 

Coins

êronur 100, 50, 10, 5, 2, 1 (1981+)

xx / xx %

in circulation

 

 

 

 

Area

(sq km)

Population (2005)

Language/Ethnicity

Ethnicity / Religion

Life duration

GDP per capita

(world position)

103 000

299 388

Icelandic

Evanjelical Lutheran 87.1 %

male 78.13

 

Reykjavik 114 800

English, German

other Protestant 4.1 %

female 82.34

2005 : 34 600 (11)

 

Nordic languages

Roman Catholic 1.7 %

 

 

ISK 500(1981-2005 similar)(145*70mm)

ISK 100(1981+)(140*70mm)

ISK 50(1981+)(135*70mm)

ISK 10(1981+)(130*70mm)

100 kronur(1995+)(25mm,8.5g)

50 kronur(1987+)(23mm,8.25g)

10 kronur(1984+)(27.5mm,8g)

5 kronur(1981)(24.5mm,6.5g)

1 kronur(1981-88)(21.5mm,6.5g)

1 krona(1989+)(21.5mm,4g)

ISK 10 000(2013,18)(162*70mm)

ISK 5 000(1986+similar)(155*70mm)

ISK 2 000(1995+)(150*70mm)

ISK 1 000(1984+ similar)(150*70mm)