Convert Icelandic Króna to Dominican Peso
Please provide values below to convert Icelandic Króna [ISK] to Dominican Peso [DOP], or Convert Dominican Peso to Icelandic Króna.
How to Convert Icelandic Króna to Dominican Peso
1 ISK = 2.01672714619476 DOP
Example: convert 15 ISK to DOP:
15 ISK = 15 × 2.01672714619476 DOP = 30.2509071929214 DOP
Icelandic Króna to Dominican Peso Conversion Table
| Icelandic Króna | Dominican Peso |
|---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.