The Icelandic Krona (ISK) is the official currency of Iceland. It was introduced in 1885, replacing the Icelandic rigsdaler. The currency is subdivided into 100 aurar, although aurar coins are no longer in circulation. The symbol for the krona is "kr," and it is issued by the Central Bank of Iceland. The value of the Icelandic krona can fluctuate significantly due to various economic factors, including tourism and fishing, which are vital to the country's economy. The krona is known for its colorful banknotes and coins, featuring images of notable Icelandic figures and landscapes.