krona

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krona

A traveler exchanges euros for Icelandic krona at the bank.

Definition

Noun: 1. The basic monetary unit of Iceland: The krona (plural: krónur) is the official currency of Iceland. It is subdivided into 100 aurar. 2. The basic monetary unit of Sweden: The krona (plural: kronor) is the official currency of Sweden. It is subdivided into 100 öre.

Usage Examples
  • Icelandic Krona:
    • The price for the tour is 15,000 krona per person.
    • I need to exchange my euros for Icelandic krónur.
  • Swedish Krona:
    • The book costs 199 Swedish krona.
    • Do you have any kronor? I need coins for the laundry.
Advanced Usage
  • The word "krona" is a cognate of the word "crown," reflecting its historical origins. The currencies of Denmark and Norway are also called "krone."
  • To avoid confusion between the Icelandic and Swedish currencies, it is common to specify the country: Icelandic krona (ISK) or Swedish krona (SEK).
Variants and Related Words
  • Króna (n): The Icelandic spelling of the word.
  • Kronor (n): The plural form for the Swedish krona.
  • Krónur (n): The plural form for the Icelandic krona.
  • Krone (n): The currency of Denmark (DKK) and Norway (NOK).
Synonyms
  • Currency unit: monetary unit.
Notes on Different Meanings

The word "krona" has two distinct primary meanings based on the country of issue: 1. Icelandic Krona (ISK): The currency used only in Iceland. 2. Swedish Krona (SEK): The currency used only in Sweden. They are separate currencies with different values and are not interchangeable.

krona

A traveler exchanges euros for Icelandic krona at the bank.

Noun
  1. the basic unit of money in Iceland
  2. the basic unit of money in Sweden

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