In September 2002, Davíð Oddsson, the Icelandic Prime Minister at the time, signed two regulations decreeing that all monetary amounts on invoices and financial claims should be stated and paid in whole krona only and that coins with a value of less than one krona should be withdrawn from circulation.
I september 2002 underskrev Islands daværende premierminister Davíð Oddsson to love, som fastslår, at alle beløb på regninger skal fremgå i hele krónur, og at mønter med en værdi på under 1 króna udgår.