🇺🇸 USD to 🇮🇸 ISK — Convert US Dollar to Icelandic Krona
1 US Dollar = 122.9600 Icelandic Krona
USD/ISK Exchange Rate History
🇺🇸 USD to 🇮🇸 ISK Conversion Table
| US Dollar (USD) | Icelandic Krona (ISK) |
|---|---|
| $1 | kr122.9600 |
| $5 | kr614.8000 |
| $10 | kr1,229.60 |
| $25 | kr3,074.00 |
| $50 | kr6,148.00 |
| $100 | kr12,296.00 |
| $500 | kr61,480.00 |
| $1,000 | kr122,960.00 |
| $5,000 | kr614,800.00 |
| $10,000 | kr1,229,600.00 |
USD/ISK 30-Day Market Statistics
Over the past 30 days, the US Dollar to Icelandic Krona exchange rate has risen by 0.2855%, moving from 122.6100 to 122.9600. It traded between a low of 121.9100 on May 11 and a high of 123.7700 on May 21, averaging 122.9229. With a high-to-low spread of 1.5131%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇺🇸 About the US Dollar (USD)
The US Dollar is the world's primary reserve currency and the most traded currency on the planet, on one side of roughly 88% of all foreign exchange transactions. It serves as the global benchmark for commodities such as oil and gold, which are priced in dollars.
Issuing authority: Federal Reserve System (the Fed).
🇮🇸 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).
What Moves the USD/ISK Exchange Rate?
The USD to ISK rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
US Dollar (USD): Federal Reserve interest rate decisions, US inflation (CPI) data, non-farm payroll employment reports, and the dollar's status as a safe-haven asset during global uncertainty.
Icelandic Krona (ISK): Tourism revenue, fishing and aluminium exports, central bank policy, and the small size of the currency market.
When demand for the US Dollar rises relative to the Icelandic Krona, the USD/ISK rate increases, meaning each USD buys more ISK. The opposite happens when the Icelandic Krona strengthens.
How to Convert USD to ISK
- Enter the amount of USD you want to convert in the converter above.
- The equivalent in ISK is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (ISK to USD).
- 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 USD to ISK
Getting a rate close to the mid-market rate above can save you money, especially on larger US Dollar to Icelandic Krona 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.