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EUR to ISK - Exchange Rate Overview

Euro to Icelandic Krona exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

€1,000 EUR
=
kr155,970 ISK

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 EUR = 155.97 ISK

Sell EUR / Buy ISK 

 
EUR to ISK 90-day trend
30-DAY-LO (2d)
EUR/ISK at 155.96 was trading 3.1% above AVG:151.25 with LO:137.4 and HI:159.5 (90 days). There are no current rate alerts.

Euro to Icelandic Krona - Quick Conversions

EUR ISK
€ 1 kr 155.97
€ 5 kr 779.85
€ 10 kr 1,560
€ 20 kr 3,119
€ 50 kr 7,799
€ 100 kr 15,597
€ 250 kr 38,993
€ 500 kr 77,985
€ 1,000 kr 155,970
€ 2,000 kr 311,940
€ 5,000 kr 779,850
€ 10,000 kr 1,559,700
€ 50,000 kr 7,798,500
€ 100,000 kr 15,597,000
More amounts
EUR ISK
0.0064 kr 1
0.0321 kr 5
0.0641 kr 10
0.1282 kr 20
0.3206 kr 50
0.6411 kr 100
1.6028 kr 250
3.2055 kr 500
6.4110 kr 1,000
12.82 kr 2,000
32.06 kr 5,000
64.11 kr 10,000
320.55 kr 50,000
641.10 kr 100,000
More amounts

To calculate your own EUR/ISK amounts use our Convert EUR to ISK quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for EUR/ISK International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 
 

Icelandic Krona (ISK) Country Guides

IcelandIceland (ISK)

Euro and Icelandic Krona Forecasts

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

Euro (EUR)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Read more in the article EUR Forecasts.

 

Icelandic Krona (ISK)

No recent Icelandic Krona market updates.


How to get Best EUR to ISK Exchange Rates

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).

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.

 

What is a good EUR to ISK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the EUR to ISK exchange rate over periods upto 10 years.

EUR/ISKPeriod to 22-MayDateRate
1% ▼1 Week15 May 2020157.3244
1.8% ▼30 Days22 Apr 2020158.6252
12.4% ▲90 Days22 Feb 2020138.5277
12.6% ▲1 Year23 May 2019138.3024
6.7% ▲5 Years24 May 2015145.9183
3.4% ▼10 Years25 May 2010161.2212
EUR/ISK 10 year historic rates & changes to 22-May-2020 (155.7027)
 

When is the best time to exchange EUR to ISK?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all EUR Exchange Rates