Kimmi Kroner

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Kimmi Kroner
ISO 4217 code KIK
Central bank Central Bank of Kimmystan
User(s)  Kimmystan
Subunit
1/100

øre
Symbol kr
Coins
Freq. used
Rarely used

1, 5, 10, 50, 100 kr
50 øre
Banknotes
Freq. used
Rarely used

50, 100, 200, 500 kr
1000 kr

The Kimmi Kroner code: KIK) is the currency of Kimmystan. It is subdivided into 100 øre where 100 are makes 1 kr.

History

Coins

In 1897, coins were introduced (some dated 1856) in denominations of 10 and 50 øre and 1 and 10 kroner. Between 1901 and 1903, the new coinage was introduced in full, in denominations of 1, 2, 5, 10, 25, and 50 øre and 1, 2, and 10 kroner. The 1, 2, and 5 øre were struck in bronze; the 10, 25, and 50 øre and 1 and 2 kroner, in silver; and the 10 and 20 kroner, in gold.

The last gold coins were issued in 1910; silver was replaced by cupro-nickel from 1920. Between 1917 and 1921, iron temporarily replaced bronze. 1917 also saw the last issuance of 2 kroner coins. In the year of 1931, 5 kroner coins were introduced. Production of 1 and 2 øre coins ceased in 1947. The following year, the size of the 5 øre coin was reduced; production of the denomination ceased in 1982, along with minting of the 25 øre. Ten-kroner coins were introduced in 1968. In 1975, the last 10 øre coins were minted.

Between 1989 and 1992, a new coinage was introduced, consisting of 50 øre, 1, 5, 10, and 20 kroner. These are the only coins which are currently legal tender.

Currently circulating coins
Value Technical parameters Description Issued since
Diameter Thickness Mass Composition Edge Obverse Reverse
1 krone 21 mm 1.7 mm 4.35 g Cupronickel
75% Cu, 25% Ni
Smooth The King of Kimmystan's monogram a fowl 1903
5 kroner 26 mm 2 mm 7.85 g Milled The Kimmystanian Dove acanthi leaves 1931
10 kroner 24 mm 2 mm 6.8 g 81% Cu, 10% Zn, 9% Ni Interrupted milling The King of Kimmystan stave church of Kimmystan roof 1968
20 kroner 27.5 mm 2.2 mm 9.9 g Smooth Old Kimmystanian Ships 1989

Banknotes

Banknotes are issued in five different denominations: 50, 100, 200, 500 and 1000 kr. The banknotes have different sizes and colors to prevent forgery, and each denomination depicts a geographical site or architectural feature of Kimmystan.

Current Kimmystanian kroner banknotes
Value Description
Obverse Reverse
50 kr The Capital City Nordfjord Building of the Castle of Kimmystan
100 kr Kvernberget Mountain scenery of Goma region
200 kr Winter landscape of the Vestlig region Northern polar region and aurora
500 kr Harbour in Kimsund Harbor scenery with old tree boats
1000 kr King of Kimmystan Fjords of Kimmystan

Exchange rates

As of 1 January 2016, the exchange rate of the dinar was 5.6058 KIK to the euro and 6.8448 KIK to the U.S. dollar.

References