Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun Alternative spelling of krona.

Etymologies

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Examples

  • In Norway, bank and money exchange terminals post notices advising that trading in Icelandic kronur has been suspended.

    The Weekly Standard Blog Stephen Schwartz 2010

  • In Norway, bank and money exchange terminals post notices advising that trading in Icelandic kronur has been suspended.

    The Weekly Standard Blog Stephen Schwartz 2010

  • It regards loans which were disbursed in Icelandic kronur but linked to either Swiss francs or the Japanese yen; the court has now ruled that the indexing is illegal, and that the borrowers need only to repay the loans at their initial interest rate in kronur.

    Financial Sector and Stocks Analysis from Seeking Alpha 2010

  • Best of all, it was only 500 kronur, which is like $6.70.

    Groma Kolibra maryrobinette 2006

  • The new deal is expected to cost Iceland just under 50 billion Icelandic kronur $444 million.

    Iceland Rejects Icesave Debt Deal Associated Press 2011

  • The Icesave debt was initially set at $5.3 billion a crippling burden for the tiny country but backers of the rejected deal said it would cost Iceland just under 50 billion kronur $444 million, with the recovered assets of Icesave's parent bank, Landsbanki, covering the majority of the debt.

    Iceland votes 'No' on repaying British, Dutch for deposits lost in failed bank 2011

  • The collapse of the currency, the krona, cascaded into disaster for businesses and households who took foreign-currency loans, and for Icelanders accustomed to buying imported cars, food and building materials with kronur.

    Iceland Votes to Try Joining EU 2009

  • Icelandic pension plans, which the Central Bank of Iceland says collectively held 1.8 trillion kronur ($14.2 billion) at the end of August, had been conservatively managed for decades.

    Iceland's Silver Lining 2009

  • Iceland's overstretched banks borrowed euros and pounds, and its central bank couldn't convert kronur into those currencies to bail them out.

    Crisis Builds Irish Support for EU Pact 2009

  • Last October's financial collapse caused chaos on an island that paid for its imports of cars, food and building materials with kronur that suddenly lost value.

    Iceland's EU Membership Debate Continues 2009

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