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Icelandic króna: research record

Evidence coverage: 1885–1981. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Icelandic króna

ISK · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Current currency in the inherited endpoint register.
Dated observations: 1885–1981; this does not establish the entire lifetime.

Parents / predecessors

Danish kroneaccount unit branching · 1922
↗

Children / successors

No distinct successor currency is established in the loaded view.

Unit and issue records 1 records

Evidence within this identity, not separate currencies.

Iceland Krona — endpoint research dossierFTM000686 · C512

Latest research

Modern account-unit review

The Icelandic króna became a separate currency when Iceland exited its monetary union with Denmark in1922. This documents regional monetary succession; earlier local note issues are not treated as separate currency creation. Original monetary-history research explicitly identifies the shared system and its separation. No inferred branch from a banknote issue alone.

Sources and qualifications →
Monetary history 1 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

Beginning of 1981Unit rescaling

At the beginning of 1981 Iceland issued new notes and coins and redeemed older money at one-hundredth of its old face value.

C512
Evidence & research notes 3 claims

Dated observations, not a proven complete lifespan.

Supported C512

At the beginning of 1981 Iceland issued new notes and coins and redeemed older money at one-hundredth of its old face value.

Central Bank of Iceland · Withdrawal of banknotes from circulation, 31 May 2006 Citation S247 · Open source ↗

Paragraph beginning At the beginning of 1981

Inference C1147

Iceland’s currency developed from the Danish-krone system through local notes, separate monetary authority and eventual withdrawal of Scandinavian coins. The gradual regional separation is qualified.

Corrected interpretation: Revision 27 supplies a new evidence basis for R-V22-045. Original monetary-history research explicitly identifies the shared system and its separation. No inferred branch from a banknote issue alone. Replacement evidence: C1641.

Alþingi · 147. mál: verðgildi íslensks gjaldmiðils Citation S546 · Open source ↗

Historical explanatory memorandum: 1885 local notes, 1918 sovereignty, 1920 divergence, 1926 withdrawal

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Supported C1641

The Icelandic króna became a separate currency when Iceland exited its monetary union with Denmark in 1922. This documents regional monetary succession; earlier local note issues are not treated as separate currency creation.

Bjarni G. Einarsson, Kristófer Gunnlaugsson, Thorvardur Tjörvi Ólafsson and Thórarinn G. Pétursson · The long history of financial boom-bust cycles in Iceland, Part I (2015); reproduced in Ólafsson, Macrofinancial Linkages and Crises in Small Open Economies (2016) Citation S829 · Open source ↗

Dissertation chapter2, section2.3, p70; original central-bank working paper68 p10

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Original WP mirror retrieval later403; dissertation reproduces the passage.

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