The currency used in Iceland is the Icelandic króna, abbreviated as ISK. Introduced in 1885, the króna has undergone various changes and adjustments in value over the years, especially following the economic crisis in 2008. The currency features distinct designs, showcasing Iceland’s natural beauty, historical figures, and significant cultural symbols. The central bank of Iceland, Seðlabanki Íslands, is responsible for issuing and managing the króna. Despite fluctuations, the króna remains a vital element of Iceland's economy, reflecting the country's unique character and resilience in the face of economic challenges.