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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Iceland can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Iceland bank accounts or pay a Icelandic krona invoice.
British pound (GBP) to Icelandic krona (ISK) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Icelandic krona is to review how the GBP/ISK rate has changed over time.
The table below shows the percentage change in the GBP to ISK exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | GBP/ISK | Change | Period |
|---|---|---|---|
17 Jun 2025 | 167.95 | 1.3% ▼ | 2 Week |
02 Apr 2025 | 172.23 | 3.8% ▼ | 3 Month |
01 Jul 2024 | 175.61 | 5.6% ▼ | 1 Year |
02 Jul 2020 | 173.41 | 4.4% ▼ | 5 Year |
04 Jul 2015 | 206.11 | 19.6% ▼ | 10 Year |
06 Jul 2005 | 115.40 | 43.6% ▲ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Icelandic krona across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-ISK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to ISK exchange rate is 165.55 from Wise. This is -0.45% compared to the mid-market rate 166.30.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Icelandic krona (ISK) rates from different sources before making a conversion.
The above Sterling to Krona comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-ISK mid-rate and the possible savings of using various providers.
Looking at the full GBP to ISK - Send Money comparison table the provider with the best GBP to ISK exchange rate is Wise at 165.55, -0.45% from the latest mid-market rate 166.30.
The next best is Currencies Direct at 164.97, -0.8% from the mid-rate.
Then Western Union at 163.8, which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 154.16 at -7.3% the Royal Bank of Scotland rate is 155.16 at -6.7% and the Barclays Bank rate is 160.48 at -3.5% compared to the mid-rate 166.30.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
