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Glite Dictionary
Icelandic krona

Icelandic krona

5.7
Money that people use in Iceland and that is written as ISK
  • noun
  • /aɪˈklændɪk ˈkroʊnə/
translation icon : corona islandesa
  • When traveling to Iceland, it is essential to exchange your currency for Icelandic krona.

Examples

  • Tourists often find that using Icelandic krona is more convenient for small purchases in local shops.

  • They've made money on the fall of the Icelandic krona.

    Inside Job (2010)

  • The inflation rate has recently affected the value of the Icelandic krona against other currencies.

Synonyms

krona
vsIcelandic krona
1 7.1

The money used in Sweden and Iceland

is the official currency unit for Iceland with the abbreviation ISK

Surface Forms

Icelandic krona singular
Icelandic kronur plural

Morphology

Icelandic + krona

The phrase directly combines the adjective 'Icelandic' (pertaining to Iceland) with 'krona' (a currency unit), so its meaning 'the currency of Iceland' is transparently derivable from the parts. This country-adjective + currency-noun composition is a regular, cross-linguistic pattern, so a B1 learner who knows both constituents will readily understand it.

Etymology

Icelandic krona likely comes from the Scandinavian word krona, which means 'crown' and appeared on old coins. That's why the name became the unit of 'money' for Iceland and today means the country's 'currency'.