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The Icelandic krona (meaning 'crown') separated from the Danish krone after the dissolution of the Scandinavian Monetary Union at the start of World War I and Icelandic autonomy from Denmark in 1918. The first coins were issued in 1922.
The rupee was introduced in 1932, replacing the silver mohar. Initially, the rupee was called the mohru in Nepalese. Its value was pegged to the Indian rupee in 1993 at a rate of 1.6 Nepalese rupees = 1 Indian rupee.[
1 ISK = 0.6482 NPR
Icelandic KronaNepalese Rupee
