Icelandic Króna in Zambian Kwacha

ISK Icelandic Króna

Country of application:
Iceland

Coin denominations in circulation:
1, 5, 10, 50, 100 CZK.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10,000 kroons.

History reference:
The Icelandic krone is the currency of Iceland. Introduced in 1885. Icelandic ATMs are located in all banks in Iceland, large supermarkets, major hotels and hotels, and on most central streets in Ice...land. In all of them, the rate of the Icelandic currency is the same. Icelandic ATMs work with all types of credit transactions. In 1961, the Central Bank of Iceland was established, which, starting in 1963, began issuing banknotes, gradually replacing the National Banks banknotes in circulation. In 1981, a monetary reform was carried out in the country: old kroons were exchanged for new ones from January 1 to June 30 at a ratio of 100:1. Currently, the Icelandic government states the need to abandon the national currency and switch to the currency of another, economically stronger country. Prior to joining the European Union and the introduction of the euro, options for the Canadian or Australian dollar are being considered.

ZMW Zambian Kwacha

Country of application:
Zambia

Coin denominations in circulation:
5, 10, 50 ngwe and 1 kwacha.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 kwacha.

History reference:
The Zambian kwacha is the currency of the Republic of Zambia. 1 kwacha is made up of 100 ngwee. The kwacha has been the currency of Zambia since 1968, when it replaced the Zambian pound (exchange rat...e: 1 pound = 2 kwacha). Kwacha means "freedom" in one of the local dialects. On January 1, 2013, the kwacha was denominated with a change in its codes in the ISO 4217 standard: new letter code - ZMW (old - ZMK)