Icelandic Krona is the currency of Iceland, and it is sometimes referred to as the ISK in currency exchange markets. Other synonyms for the Icelandic Krona include Icelandic currency, Icelandic money, and Icelandic coin. Additionally, slang terms such as "kronur" and "króna" may be used colloquially. The Icelandic Krona has been in circulation since 1922 and has undergone significant changes in value over the years, especially during periods of economic crisis. Despite its relatively small size and limited international use, the Icelandic Krona remains an important symbol of Iceland's unique identity and cultural heritage.