What you should know about...
Icelandic Kronur (ISK)
The ISK is the official currency of Iceland, with the symbol kr.
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Icelandic Kronur to Australian Dollars: Exchange rates today
 ISK |  GBP |
|---|---|
| 0.00 GBP | |
| 0.06 GBP | |
| 0.12 GBP | |
| 0.30 GBP | |
| 0.61 GBP | |
| 1.52 GBP | |
| 1.83 GBP | |
| 3.05 GBP | |
| 6.10 GBP | |
| 12.21 GBP | |
| 30.54 GBP | |
| 61.08 GBP |
| GBP | ISK |
|---|---|
| 161 ISK | |
| 1,617 ISK | |
| 3,235 ISK | |
| 8,089 ISK | |
| 16,178 ISK | |
| 40,446 ISK | |
| 48,535 ISK | |
| 80,892 ISK | |
| 161,784 ISK | |
| 323,568 ISK | |
| 808,920 ISK | |
| 1,617,894 ISK |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Icelandic Kronur
History
The Icelandic Kronur was established as the official currency of Iceland in 1922. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Iceland and Europe. Check our guide about the evolution of ISK to GBP to learn more about their exchange rate history.Characteristics
The Icelandic Kronur is divided into Eyrir. You'll find Icelandic Kronur banknotes in 500, 1000, 2000, 5000, 10000 krónur and coins in 1, 5, 10, 50, 100 krónur.Monetary policy
The Icelandic Kronur is managed by the Central Bank of Iceland, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Iceland.Currency exchange
The value of the Icelandic Kronur is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Icelandic Kronur (ISK)
| Currency name | Icelandic Kronur | |
| Currency code | ISK | |
| Currency symbol | kr | |
| Minor unit | Eyrir | |
| Minor unit symbol | - | |
| Notes frequently used | 500, 1000, 2000, 5000, 10000 krónur | |
| Coins frequently used | 1, 5, 10, 50, 100 krónur | |
| Central bank | Central Bank of Iceland | |
| Users | Iceland |
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