▁transfer ▁passengers ), ▁where ▁the ▁US ▁doll ar , ▁euro ▁and ▁some ▁other ▁curr encies ▁are ▁accepted ▁by ▁all ▁mer ch ants . ▁C ertain ▁stores ▁in ▁central ▁Re yk jav ík ▁accept ▁some ▁foreign ▁curr encies . ▁ ▁I cel and ' s ▁per ▁cap ita ▁computer ▁usage ▁is ▁among ▁the ▁highest ▁in ▁the ▁world , ▁far ▁higher ▁than ▁the ▁UK ▁or ▁US . ▁The ▁s atur ation ▁of ▁technology ▁in ▁I cel and ▁has ▁had ▁ram ifications ▁in ▁the ▁mon et ary ▁system : ▁a ▁very ▁high ▁proportion ▁of ▁pay ments ▁in ▁I cel and ▁are ▁made ▁electron ically , ▁e . g . ▁by ▁deb it ▁or ▁credit ▁cards ▁or ▁online ▁bank ▁trans fers . ▁The ▁largest ▁den om ination ▁bank note , ▁the ▁ 1 0 , 0 0 0 ▁k ron a ▁note ▁( around ▁€ 8 3 ▁in ▁July ▁ 2 0 1 7 ), ▁has ▁a ▁relatively ▁low ▁value ; ▁therefore , ▁most ▁of ▁I cel and ' s ▁high ▁value ▁tr ades ▁are ▁done ▁in ▁electronic ▁trans fers ▁and ▁in ▁other ▁curr encies . ▁▁ 2 0 0 8 ▁financial ▁crisis ▁ ▁In ▁October ▁ 2 0 0 8 , ▁the ▁financial ▁crisis ▁of ▁ 2 0 0 7 – 2 0 0 8 ▁brought ▁about ▁a ▁collapse ▁of ▁the ▁I cel and ic ▁bank ing ▁sector . ▁The ▁value ▁of ▁the ▁I cel and ic ▁k ron a ▁dropped , ▁and ▁on ▁ 7 ▁October ▁ 2 0 0 8 ▁the ▁I cel and