Those that own the banks now hope that they can swoop in and buy up the nation's infrastructure for pennies on the dollar, or in this case aurar on the krona.    From Wordnik.com.  [Infowars] Reference

Currency: 1 Icelandic krona (IKr) = 100 aurar.    From Wordnik.com.  [The 1999 CIA Factbook] Reference

1 Icelandic krona (IKr) = 100 aurar.    From Wordnik.com.  [The 1994 CIA World Factbook] Reference