500 Krónur No top and bottom border

The "No top and bottom border" designation refers to a recognized plate variety within this series — the printing omits the decorative border rules at the upper and lower edges, distinguishing it from the standard P#58 issue. Whether this resulted from a deliberate design revision or a plate preparation anomaly has not been definitively established in the literature.

Three distinct signature combinations are catalogued under the single 22 May 2001 law date, spanning over two decades of issue — Davíð Oddsson serving as Central Bank Governor being the most historically notable, given his prior decade as Prime Minister before his 2005 appointment.