๐ฎ๐ธ ISK to ๐ฆ๐บ AUD โ Convert Icelandic Krona to Australian Dollar
1 Icelandic Krona = 0.0113 Australian Dollar
ISK/AUD Exchange Rate History
๐ฎ๐ธ ISK to ๐ฆ๐บ AUD Conversion Table
| Icelandic Krona (ISK) | Australian Dollar (AUD) |
|---|---|
| kr1 | A$0.0113 |
| kr5 | A$0.0566 |
| kr10 | A$0.1132 |
| kr25 | A$0.2831 |
| kr50 | A$0.5662 |
| kr100 | A$1.1323 |
| kr500 | A$5.6616 |
| kr1,000 | A$11.3232 |
| kr5,000 | A$56.6159 |
| kr10,000 | A$113.2318 |
ISK/AUD 30-Day Market Statistics
Over the past 30 days, the Icelandic Krona to Australian Dollar exchange rate has stayed broadly flat, moving from 0.0114 to 0.0114. It traded between a low of 0.0112 on May 13 and a high of 0.0114 on Apr 29, averaging 0.0113. With a high-to-low spread of 1.7669%, the pair has been relatively stable this month.
Frequently Asked Questions
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๐ฎ๐ธ About the Icelandic Krona (ISK)
The Icelandic Krona is the currency of Iceland, a small island economy driven by tourism, fishing, and aluminium smelting. Its small size makes the krona one of the more volatile floating currencies.
Issuing authority: Central Bank of Iceland (Seรฐlabanki รslands).
๐ฆ๐บ About the Australian Dollar (AUD)
The Australian Dollar is a major commodity currency and the fifth most traded globally. Because Australia is a leading exporter of iron ore, coal, and natural gas, the Aussie often tracks commodity demand from China.
Issuing authority: Reserve Bank of Australia (RBA).
What Moves the ISK/AUD Exchange Rate?
The ISK to AUD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Icelandic Krona (ISK): Tourism revenue, fishing and aluminium exports, central bank policy, and the small size of the currency market.
Australian Dollar (AUD): Commodity prices, Chinese economic demand, RBA interest rate decisions, and global risk sentiment.
When demand for the Icelandic Krona rises relative to the Australian Dollar, the ISK/AUD rate increases, meaning each ISK buys more AUD. The opposite happens when the Australian Dollar strengthens.
How to Convert ISK to AUD
- Enter the amount of ISK you want to convert in the converter above.
- The equivalent in AUD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (AUD to ISK).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate โ the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange ISK to AUD
Getting a rate close to the mid-market rate above can save you money, especially on larger Icelandic Krona to Australian Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above โ the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.