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USD to ISK - Rate Guide

United States Dollar 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.


USD/ISK update & alerts

1 USD = 124.57 ISK

At 124.57 USD/ISK was trading near its 90-DAY average 124.15 with HIGH-LOW 126.95-120.75. There are currently no alerts. Updated: 14:07-AEDT 04:07-BST 23:07-EDT

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USD/ISK Exchange Rates and Providers Compared

This guide to the United States Dollar to Icelandic Krona exchange rate with 90-day chart & alerts, historic rates, forecasts and USD to ISK comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the USD/ISK Calculator.

USD / ISK converter & margin calculator


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

Foreign Transfers Travel Money

Foreign Transfers Travel Money

United States Dollar

Icelandic Krona

1 USD 124.57 ISK
5 USD 622.85 ISK
10 USD 1,245.70 ISK
20 USD 2,491.40 ISK
50 USD 6,228.50 ISK
100 USD 12,457.00 ISK
250 USD 31,142.50 ISK
500 USD 62,285.00 ISK
1,000 USD 124,570.00 ISK
2,000 USD 249,140.00 ISK
5,000 USD 622,850.00 ISK
10,000 USD 1,245,700.00 ISK
50,000 USD 6,228,500.00 ISK
100,000 USD 12,457,000.00 ISK
See more

United States Dollar

Icelandic Krona

0.0080 USD 1 ISK
0.0401 USD 5 ISK
0.0803 USD 10 ISK
0.1606 USD 20 ISK
0.4014 USD 50 ISK
0.8028 USD 100 ISK
2.0070 USD 250 ISK
4.0140 USD 500 ISK
8.0280 USD 1,000 ISK
16.06 USD 2,000 ISK
40.14 USD 5,000 ISK
80.28 USD 10,000 ISK
401.40 USD 50,000 ISK
802.80 USD 100,000 ISK
See more
Country Guides (USD & ISK)
United StatesUnited States (USD)IcelandIceland (ISK)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks And Caicos IslandsTurks And Caicos Islands (USD)
ZimbabweZimbabwe (USD)

USD/ISK - Historical Trends

This table shows historic rates and trends of United States Dollar to Icelandic Krona over periods upto 10 years.

1 Day+0.1%124.500017 Oct 2019
7 Day-0.1%124.699911 Oct 2019
30 Day+0.4%124.039718 Sep 2019
3 Month-0.3%124.950020 Jul 2019
1 Year+5.8%117.760018 Oct 2018
5 Year+3.6%120.192019 Oct 2014
10 Year+1.4%122.896120 Oct 2009

*For period to 18-Oct 21UTC when USD/ISK was 124.5700

You can use our USD interactive charts to check USDISK historic trends.

Get a Better FX Deal when you Send and Spend Abroad.


USD and ISK in the Markets

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

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.


Icelandic Krona (ISK)

No recent Icelandic Krona market updates.

Why can't I just get the USD/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 USD / 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.


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