PPVRA, they had the 1-week Panama bills, otherwise no big hiccups during 100 years of independence.
My marshall plan for Iceland.
Firstly, the old Icelandic crown is legal tender on the island, but only a limited amount
for Icelandic new crown can be given to companies (none to new companies,
set up after the crisis) and Icelandic
citizens, other exchangable currencies are only changed into new Icelandic crowns.
The new Icelandic crown is only minted in coins below 5 €uro,
which are valued at the same as the €uro.
Foreigners get their money back when possible, all imports must be bought by new
Icelandic crowns, the old Icelandic crowns are only valid for goods on the island already.
Complicated? Yes, I was in Suriname when the got rid of the Suriname guilder and run
it parallell to the Suriname $, reducing the zeros with three.
From New Yorqatar to Califarbia...