Danish Krone to Icelandic Króna — exchange rate

The Danish krone (kr.) is a currency issued and used for payment in Denmark. It is also an official currency on the Faroe Islands, and in an autonomous Danish region, Greenland.

It is abbreviated to DKK. Coins used for change are called øre. Every Danish krone has 100 øre. It became an official national currency in 1873. The coins of the present type have been minted since 1989. Only those notes issued after 1945 are accepted in payment. Interestingly, the Faroe Islands have their own krone, although it is not accepted in Denmark. Greenland, however, has not introduced its own currency, and still uses DKK.

The Icelandic krona (kr) is the national currency of Iceland. On the global exchange market and at currency exchange, the currency is named ISK. Aurar are small coins that are used as change for the Icelandic krona.

Every ISK had 100 aurar. Since 2003, this subdivision has been cancelled. The currency has been issued since 1885. Coins was issued later, in 1925. Due to a massive financial crisis in the middle of the 2000s, the paying capacity of the currency has drastically decreased by half. There have been a few attempts to replace the Icelandic krona with euro. However, in 2015, the state definitively refused to become a member of EU, and the krona was reserved.