The Icelandic Króna (ISK) is the official currency of Iceland, a nation known for its stunning natural landscapes and small but resilient economy. The ISK represents economic strength and stability in Iceland, and its exchange rate holds significant importance in both local and international financial transactions.
Iceland Exchange Rates:
| Currency | Name | Rate (1 ISK) |
|---|---|---|
| AUD | Australian Dollar | 0.01145 |
| BRL | Brazilian Real | 0.04074 |
| CAD | Canadian Dollar | 0.01127 |
| CHF | Swiss Franc | 0.00642 |
| CNY | Chinese Renminbi Yuan | 0.05392 |
| CZK | Czech Koruna | 0.16893 |
| DKK | Danish Krone | 0.05206 |
| EUR | Euro | 0.00696 |
| GBP | British Pound | 0.00593 |
| HKD | Hong Kong Dollar | 0.0624 |
| HUF | Hungarian Forint | 2.4819 |
| IDR | Indonesian Rupiah | 143.89 |
| ILS | Israeli New Shekel | 0.02393 |
| INR | Indian Rupee | 0.75884 |
| JPY | Japanese Yen | 1.2884 |
| KRW | South Korean Won | 11.9786 |
| MXN | Mexican Peso | 0.13951 |
| MYR | Malaysian Ringgit | 0.0324 |
| NOK | Norwegian Krone | 0.07764 |
| NZD | New Zealand Dollar | 0.01379 |
| PHP | Philippine Peso | 0.4901 |
| PLN | Polish Złoty | 0.03028 |
| RON | Romanian Leu | 0.03644 |
| SEK | Swedish Krona | 0.0767 |
| SGD | Singapore Dollar | 0.01028 |
| THB | Thai Baht | 0.26517 |
| TRY | Turkish Lira | 0.37398 |
| USD | United States Dollar | 0.00796 |
| ZAR | South African Rand | 0.12991 |
Where is Iceland located on Maps – Iceland Location and Currency Guide:
ISK Exchange Rates in Perspective:
Iceland’s exchange rate policy involves a floating exchange rate system, where the ISK’s value is determined by market forces, including economic performance, inflation, and external trade relationships.
ISK vs. Euro (EUR): Given Iceland’s close ties with Europe, the ISK to EUR exchange rate is significant for businesses and travelers engaged in trade and tourism between Iceland and Eurozone countries.
ISK vs. US Dollar (USD): While not a primary currency for trade, fluctuations in the ISK to USD rate can affect financial investments and transactions involving the United States.
ISK vs. British Pound (GBP): Fluctuations in the ISK to GBP rate can impact Icelandic businesses and travelers dealing with the United Kingdom.
ISK vs. Norwegian Krone (NOK): Norway’s proximity and strong trade relations with Iceland make the ISK to NOK rate important for businesses and investors involved in Iceland-Norway trade.
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