🇮🇸 ISK to 🇪🇺 EUR — Convert Icelandic Krona to Euro
1 Icelandic Krona = 0.0070 Euro
ISK/EUR Exchange Rate History
🇮🇸 ISK to 🇪🇺 EUR Conversion Table
| Icelandic Krona (ISK) | Euro (EUR) |
|---|---|
| kr1 | €0.0070 |
| kr5 | €0.0349 |
| kr10 | €0.0697 |
| kr25 | €0.1743 |
| kr50 | €0.3487 |
| kr100 | €0.6973 |
| kr500 | €3.4867 |
| kr1,000 | €6.9734 |
| kr5,000 | €34.8669 |
| kr10,000 | €69.7337 |
ISK/EUR 30-Day Market Statistics
Over the past 30 days, the Icelandic Krona to Euro exchange rate has stayed broadly flat, moving from 0.0070 to 0.0070. It traded between a low of 0.0069 on May 2 and a high of 0.0070 on Apr 29, averaging 0.0070. With a high-to-low spread of 1.4299%, the pair has been very stable this month.
Frequently Asked Questions
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🇮🇸 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 Euro (EUR)
The Euro is the official currency of 20 of the 27 European Union member states, collectively known as the eurozone, and is used by over 340 million people. It is the second most held reserve currency after the US Dollar.
Issuing authority: European Central Bank (ECB), based in Frankfurt.
What Moves the ISK/EUR Exchange Rate?
The ISK to EUR 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.
Euro (EUR): ECB monetary policy, eurozone inflation and growth figures, the economic health of large members like Germany and France, and political stability across the bloc.
When demand for the Icelandic Krona rises relative to the Euro, the ISK/EUR rate increases, meaning each ISK buys more EUR. The opposite happens when the Euro strengthens.
How to Convert ISK to EUR
- Enter the amount of ISK you want to convert in the converter above.
- The equivalent in EUR is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (EUR 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 EUR
Getting a rate close to the mid-market rate above can save you money, especially on larger Icelandic Krona to Euro 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.