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Currency & Exchange

Currency of Iceland: Icelandic Króna

Name: Currency and Money in Iceland
Creator: DigifyWorld

ReykjavíkLocal time

Icelandic Króna · ISK · National

Icelandic Króna

ISO ISK · ICELAND

Icelandic Króna

ISO codeISK

Monetary authorityCentral Bank of Iceland

ISK

ISO 4217 code

Currency identifier

Currencies with an official role

National

ISK

Display identifier

ISO code used where a standalone symbol is not shown

Time-sensitive

Exchange-rate context

Check the rate date and source

CurrencyIcelandic Króna

ISO codeISK

Largest note10,000 kr

Largest coin100 kr

Current note seriesCurrent legal-tender banknote family

Who Issues Icelandic Króna in Iceland

The monetary system in Iceland is centered on the Icelandic Króna (ISK). Central Bank of Iceland provides the domestic institutional anchor, and ISO 4217 assigns numeric code 352.

Central Bank of Iceland issues or manages the Icelandic Króna within Iceland's own monetary framework. That makes ISK a national currency rather than a unit administered by a regional monetary union.

Currency architectureNational

Primary currencyIcelandic Króna (ISK)

Monetary authorityCentral Bank of Iceland

Exchange Rate for ISK

Exchange rates for the Icelandic Króna change with the quoted pair and date. For Iceland, use the dated reference as a benchmark rather than assuming it is the exact rate a bank, card or cash desk will apply.

Latest available reference rate*Loading...

Checking USD/ISK

Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.

USD=ISK

For readers comparing ISK, hold the pair and timestamp constant when judging changes in the reference rate. Provider spreads, card charges and commissions can still change the amount actually paid. It leaves the data layers easy to distinguish.

Banknotes and Coins

Banknotes

The Central Bank of Iceland lists five valid banknote denominations: 500, 1,000, 2,000, 5,000 and 10,000 krónur.

500 kr

1,000 kr

2,000 kr

5,000 kr

10,000 kr

Coins

Five coin denominations are valid legal tender: 1, 5, 10, 50 and 100 krónur.

1 kr

5 kr

10 kr

50 kr

100 kr

Frequently Asked Questions

What currency is used in Iceland?

The Icelandic Króna (ISK) is the national currency of Iceland. Central Bank of Iceland is responsible for the domestic monetary framework.

Who manages the currency system in Iceland?

Central Bank of Iceland is the main monetary authority identified for Iceland.

Are the exchange rates for Iceland real-time?

When reading an ISK conversion, the tool requests the latest available reference observation for supported pairs and reports the date attached to that observation. That makes it a reference value rather than a guaranteed transaction rate.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

Sources & methodology

For monetary-system facts, the primary reference is Central Bank of Iceland, supplemented by the applicable framework for Iceland. ISK is identified under ISO 4217, and any dated conversion observation is presented independently of the monetary-system description. This keeps the comparison internally consistent.

View sources used for this page

Exchange-rate note: the ISK converter for Iceland requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.