So how much is an Icelandic Króna actually worth?

Peter Rukavina

Surfing various financial and exchange websites this morning you get a variety of exchange rates for Icelandic króna against the Canadian dollar: Google says one króna is work 0.005 CAD, Yahoo says 0.01050 CAD, XE.com says 0.0102592 CAD, Oanda says 0.01034 CAD. That’s a pretty big range. I suppose the only real rate is what someone is willing to buy an actual króna for.

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