Convert Liberian Dollar to Icelandic Króna
Please provide values below to convert Liberian Dollar [LRD] to Icelandic Króna [ISK], or Convert Icelandic Króna to Liberian Dollar.
How to Convert Liberian Dollar to Icelandic Króna
1 LRD = 1.64720507100808 ISK
Example: convert 15 LRD to ISK:
15 LRD = 15 × 1.64720507100808 ISK = 24.7080760651212 ISK
Liberian Dollar to Icelandic Króna Conversion Table
| Liberian Dollar | Icelandic Króna |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.