Catalog
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| Issuer | Central Bank of Iceland |
|---|---|
| Year | 1987-2005 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 2.60 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
Iceland's 50 Krónur series ran through a period of chronic inflation that repeatedly eroded the currency's purchasing power — the króna had been redenominated in 1981 at a rate of 100 old krónur to one new, and even after that reset, inflation averaged above 20% annually through much of the late 1980s. That the denomination survived in coin form into the 2000s reflects how aggressively the Central Bank eventually brought inflation to heel under IMF-aligned fiscal policy.