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krona

   Also found in: Financial, Encyclopedia, Wikipedia 0.02 sec.
kro·na 1  (krn)
n. pl. kro·nur (-nr)
See Table at currency.
[Icelandic króna, from Old Norse krna, from Middle Low German krne, krne, ultimately from Latin corna, wreath, crown (from the crown printed on the coin); see crown.]
kro·na 2  (krn)
n. pl. kro·nor (-nôr, -nr)
See Table at currency.
[Swedish, from Old Swedish krna, from Middle Low German krne, krne; see krona1.]
krona [ˈkrəʊnə]
n pl kronor [ˈkrəʊnə]
(Economics, Accounting & Finance / Currencies) the standard monetary unit of Sweden, divided into 100 öre
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.krona - the basic unit of money in Sweden
Swedish krona
Swedish monetary unit - monetary unit in Sweden
ore - a monetary subunit in Denmark and Norway and Sweden; 100 ore equal 1 krona
2.krona - the basic unit of money in Iceland
Icelandic krona
Icelandic monetary unit - monetary unit in Iceland
eyrir - 100 aurar equal 1 krona in Iceland
Translations
krona
n → schwedische Krone
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Rising costs Costs had doubled over the past year because of the fall in the krona currency and high import tariffs on imported goods, Ogmundsson said, making it impossible for the company to raise prices further and remain competitive with competitors that use locally sourced produce.
Iceland says bye to Big Mac by Aljazeera.net
He told Reuters that the decision to close the restaurants was mainly due to the severe depreciation of the Icelandic krona and high taxes on imported food.
McDonald s to shut business in Iceland by Times of Oman (Muscat, Oman)
Ogmundsson said the restaurants import their goods from Germany, but costs had doubled because the falling krona has made imports prohibitively expensive.
Iceland to be McDonald's-free: operator by AFP / AFP American Edition
 
 
 
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