Which central bank has its headquarters in Reykjavík and issues Iceland’s króna?

The Central Bank of Iceland has its headquarters in Reykjavík and issues Iceland’s króna.

The Central Bank of Iceland, known in Icelandic as Seðlabanki Íslands, is the country’s central bank. It is headquartered in Reykjavík and is responsible for monetary policy, currency issuance, financial stability, and important aspects of payment-system oversight.

Iceland’s currency is the króna, whose international currency code is ISK. The bank’s modern role developed through several stages of Icelandic monetary history, including the separation of central-banking functions from commercial banking activities. Since 2020, the central bank has also incorporated the Financial Supervisory Authority’s functions, broadening its supervisory responsibilities.

The króna is sometimes confused with the currencies of other Nordic countries because the words krone, krona, and krone-like names share historical roots. Iceland’s króna is a distinct currency and is not interchangeable with the Danish, Norwegian, or Swedish krona.