Convert United States Dollar to Icelandic Króna
Please provide values below to convert United States Dollar [USD] to Icelandic Króna [ISK], or Convert Icelandic Króna to United States Dollar.
How to Convert United States Dollar to Icelandic Króna
1 USD = 0.00821615048701232 ISK
Example: convert 15 USD to ISK:
15 USD = 15 × 0.00821615048701232 ISK = 0.123242257305185 ISK
United States Dollar to Icelandic Króna Conversion Table
| United States Dollar | Icelandic Króna |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.