Convert Czech Koruna to Icelandic Krona
Convert Czech Koruna (CZK) to Icelandic Krona (ISK) using daily updated exchange rates.
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Exchange Rate
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About Czech Koruna
The Czech Koruna (CZK) became the sole currency of the Czech Republic on 8 February 1993, following the peaceful dissolution of Czechoslovakia - the "Velvet Divorce" - and the separation from the Slovak Koruna. The word "koruna" means "crown". The Czech National Bank manages monetary policy with an inflation-targeting regime. The Czech Republic has been an EU member since 2004 but has not yet adopted the Euro, retaining its own currency as a matter of national policy. The Czech economy is highly industrialised with a strong automotive, machinery, and electronics manufacturing base.
About Icelandic Krona
The Icelandic Krona (ISK) is the official currency of Iceland, one of the world's most sparsely populated countries but with a high standard of living. The krona has been subject to notable turbulence - during the 2008 global financial crisis, Iceland's banking system collapsed spectacularly and the krona lost about half its value virtually overnight, requiring capital controls that remained in place until 2017. The Central Bank of Iceland manages monetary policy. Iceland's economy is based on fishing, aluminium smelting, geothermal energy, and increasingly tourism.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).