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AED to ISK - Rate Guide

United Arab Emirates Dirham to Icelandic Krona exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AED/ISK update & alerts

1 AED = 33.48 ISK

AED to ISK - Trading Range (90 Day)
ALERT: 90-DAY LOWS 🔔 |
At 33.48 AED/ISK is trading 1.3% below the average for 90 days, with range 33.47 to 34.56. ALERT: AED/ISK has dropped to 90-DAY LOWS. Updated: 08:01-AEDT 21:01-GMT 16:01-EST

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AED/ISK Exchange Rates and Providers Compared

This guide to the United Arab Emirates Dirham to Icelandic Krona exchange rate with 90-day chart & alerts, historic rates, forecasts and AED to ISK comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AED/ISK Quick Calculator.

AED and ISK in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AED vs ISK, you should pay attention to the recent market trends for both currencies.

United Arab Emirates Dirham (AED)

All the Gulf Cooperation Council (GCC) countries, excluding Kuwait, have their currencies pegged to the US dollar. The UAE dirham has been fixed at a rate of around 3.6725 to $1 since 1997.

 

Icelandic Krona (ISK)

No recent Icelandic Krona market updates.

Why can't I just get the AED/ISK market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AED / ISK was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AED Exchange Rates