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USD to ISK - Compare Exchange Rates

United States Dollar to Icelandic Krona - Convert Compare Save

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 and Travel Money transactions as shown below.

 

USD to ISK mid-rate = 119.4737

Right now the USD/ISK market mid-rate is 119.4737 and represents ideally how many Icelandic Krona you can get for one United States Dollar.

This USD/ISK Converter calculates equivalent United States Dollar to Icelandic Krona amounts at the market mid-rate:

USD / ISK mid-rate converter


$USD


krISK
1 United States Dollar equals
119.4737 Icelandic Krona

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

Foreign Transfers Travel Cash/Cards

 
 
1 Week USD to ISK Chart
Loading USD/ISK rates

United States Dollar

Icelandic Krona

1 USD 119.47 ISK
5 USD 597.37 ISK
10 USD 1,194.74 ISK
20 USD 2,389.47 ISK
50 USD 5,973.69 ISK
100 USD 11,947.37 ISK
250 USD 29,868.43 ISK
500 USD 59,736.85 ISK
1,000 USD 119,473.70 ISK
2,000 USD 238,947.40 ISK
5,000 USD 597,368.50 ISK
10,000 USD 1,194,737.00 ISK
50,000 USD 5,973,685.00 ISK
100,000 USD 11,947,370.00 ISK
See more

United States Dollar

Icelandic Krona

0.0084 USD 1 ISK
0.0419 USD 5 ISK
0.0837 USD 10 ISK
0.1674 USD 20 ISK
0.4185 USD 50 ISK
0.8370 USD 100 ISK
2.0925 USD 250 ISK
4.1850 USD 500 ISK
8.3700 USD 1,000 ISK
16.74 USD 2,000 ISK
41.85 USD 5,000 ISK
83.70 USD 10,000 ISK
418.50 USD 50,000 ISK
837.00 USD 100,000 ISK
See more

ISK Country Guides
IcelandIceland

United States Dollar to Icelandic Krona (USD-ISK) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Feb 2019119.5000Latest
13 Feb 2019120.30001 Week-0.67%
21 Jan 2019121.21001 Month-1.41%
24 Aug 2018107.56016 Months+11.1%
20 Feb 2018100.60001 Year+18.79%
20 Feb 2017110.20232 Years+8.44%
21 Feb 2014113.44005 Years+5.34%
22 Feb 2009114.056110 Years+4.77%

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

The USD/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 USD / 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 USD/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 USD to ISK exchange rate

  1. Know the latest USD/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.
  2. 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.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States 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 USD vs ISK, you should pay attention to both United States Dollar and Icelandic Krona news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Icelandic Krona (ISK) - Market news and forecasts

No recent Icelandic Krona market updates.

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets