🇮🇸 ISK to 🇨🇦 CAD — Convert Icelandic Krona to Canadian Dollar
1 Icelandic Krona = 0.0112 Canadian Dollar
ISK/CAD Exchange Rate History
🇮🇸 ISK to 🇨🇦 CAD Conversion Table
| Icelandic Krona (ISK) | Canadian Dollar (CAD) |
|---|---|
| kr1 | C$0.0112 |
| kr5 | C$0.0561 |
| kr10 | C$0.1123 |
| kr25 | C$0.2806 |
| kr50 | C$0.5613 |
| kr100 | C$1.1225 |
| kr500 | C$5.6127 |
| kr1,000 | C$11.2255 |
| kr5,000 | C$56.1274 |
| kr10,000 | C$112.2547 |
ISK/CAD 30-Day Market Statistics
Over the past 30 days, the Icelandic Krona to Canadian Dollar exchange rate has risen by 0.9009%, moving from 0.0111 to 0.0112. It traded between a low of 0.0111 on Apr 29 and a high of 0.0112 on May 8, averaging 0.0111. With a high-to-low spread of 0.8970%, the pair has been very stable this month.
Frequently Asked Questions
Related Conversions
Get the App
Track exchange rates on the go. Get real-time alerts and convert currencies instantly.
🇮🇸 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 (Seðlabanki Íslands).
🇨🇦 About the Canadian Dollar (CAD)
The Canadian Dollar, nicknamed the 'loonie', is a commodity currency strongly linked to crude oil since Canada is one of the world's largest oil exporters. Its fortunes are closely tied to the neighbouring US economy.
Issuing authority: Bank of Canada.
What Moves the ISK/CAD Exchange Rate?
The ISK to CAD 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.
Canadian Dollar (CAD): Crude oil prices, Bank of Canada policy, trade with the United States, and broader commodity demand.
When demand for the Icelandic Krona rises relative to the Canadian Dollar, the ISK/CAD rate increases, meaning each ISK buys more CAD. The opposite happens when the Canadian Dollar strengthens.
How to Convert ISK to CAD
- Enter the amount of ISK you want to convert in the converter above.
- The equivalent in CAD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (CAD to ISK).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — 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 CAD
Getting a rate close to the mid-market rate above can save you money, especially on larger Icelandic Krona to Canadian 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 — 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.