AUD to ISK - Convert Compare Save

AUD to ISK mid-rate = 86.2443

Right now the AUD/ISK market mid-rate is 86.2443 and represents ideally how many Icelandic Krona you can get for one Australian Dollar.

You can calculate equivalent Australian Dollar to Icelandic Krona currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for AUD to ISK transfers or buying ISK travel money.

AUD / ISK Converter

$AUD

krISK

1 Australian Dollar equals
86.2443 Icelandic Krona

1 ISK = 0.011595 AUD

Compare how much you can save on
AUD/ISK exchange rates for:

Foreign Transfers Travel Cash/Cards

3 Month AUD to ISK Chart

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Australian Dollar	Icelandic Krona
1 AUD	86.24 ISK
5 AUD	431.22 ISK
10 AUD	862.44 ISK
20 AUD	1,724.89 ISK
50 AUD	4,312.22 ISK
100 AUD	8,624.43 ISK
250 AUD	21,561.08 ISK
500 AUD	43,122.15 ISK
1,000 AUD	86,244.30 ISK
2,000 AUD	172,488.60 ISK
5,000 AUD	431,221.50 ISK
10,000 AUD	862,443.00 ISK
50,000 AUD	4,312,215.00 ISK
100,000 AUD	8,624,430.00 ISK
See more

Australian Dollar	Icelandic Krona
0.0116 AUD	1 ISK
0.0580 AUD	5 ISK
0.1160 AUD	10 ISK
0.2319 AUD	20 ISK
0.5798 AUD	50 ISK
1.1595 AUD	100 ISK
2.8988 AUD	250 ISK
5.7975 AUD	500 ISK
11.60 AUD	1,000 ISK
23.19 AUD	2,000 ISK
57.98 AUD	5,000 ISK
115.95 AUD	10,000 ISK
579.75 AUD	50,000 ISK
1,159.50 AUD	100,000 ISK
See more

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Iceland

Australian Dollar to Icelandic Krona (AUD-ISK) - 10 Year History

The below table shows the historic variation in the AUD/ISK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

Date	Exchange Rate	Period	Change
21 Jan 2019	86.7753	Latest
14 Jan 2019	86.9202	1 Week	-0.17%
22 Dec 2018	82.4013	1 Month	+5.31%
25 Jul 2018	77.9614	6 Months	+11.31%
21 Jan 2018	82.2013	1 Year	+5.56%
21 Jan 2017	85.6659	2 Years	+1.3%
22 Jan 2014	102.5728	5 Years	-15.4%
23 Jan 2009	81.5641	10 Years	+6.39%

Best Rates for AUD/ISK Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

Why can't I just get the AUD/ISK market rate I see on Google or in the Media?

The AUD/ISK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / ISK was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market AUD/ISK midrate the better deal you are getting.

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

The three things you need in order to get a good AUD to ISK exchange rate

Know the latest AUD/ISK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Icelandic Krona

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs ISK, you should pay attention to both Australian Dollar and Icelandic Krona news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.