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The Icelandic króna is the official money used in Iceland for buying goods and services. It matters because it's what people in Iceland use for everyday transactions and how the country manages its economy.
AI-generated from the Wikipedia summary — may contain errors.
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The króna ( Icelandic pronunciation: [ˈkʰrouːna]) or krona (sometimes called Icelandic crown; sign: kr; code: ISK) is the currency of Iceland. One króna was formerly divided into 100 aurar (singular "eyrir"; alternative singular "aur", and maybe more used, informally).
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