Definitions for icelandic krona
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Icelandic krona, krona(noun)
the basic unit of money in Iceland
The króna is the currency of Iceland. The króna was historically subdivided into 100 aurar, but this subdivision is no longer used. The word króna, meaning "crown", is related to those of other Nordic currencies and to the Latin word corona. The name "Icelandic crown" is sometimes used, for example in the financial markets. The word eyrir derives from Latin aura, gold, historically 100 gold pieces to a crown.
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