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About this currency pair
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.
Icelandic Króna (ISK) — the currency of Iceland
The Icelandic króna grew out of the Nordic crown monetary tradition and is closely tied to Iceland’s tourism, fisheries and small open economy. The Icelandic Króna is the currency used in Iceland, where it appears in local prices, salaries, public fees, bank accounts and business invoices. It often appears in travel spending, regional trade, energy or goods imports, remittances and comparisons with EUR, USD or neighboring currencies. For conversion pages, ISK is useful when translating local prices into major reference currencies or comparing historical and current market values.