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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 interbank exchange rate = 120.5602

Right now the USD/ISK interbank exchange rate is 120.5602. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Icelandic Krona to United States Dollar.

This USD/ISK Converter calculates equivalent United States Dollar to Icelandic Krona amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / ISK converter & margin calculator


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USD/ISK exchange rates for:

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United States Dollar

Icelandic Krona

1 USD 120.56 ISK
5 USD 602.80 ISK
10 USD 1,205.60 ISK
20 USD 2,411.20 ISK
50 USD 6,028.01 ISK
100 USD 12,056.02 ISK
250 USD 30,140.05 ISK
500 USD 60,280.10 ISK
1,000 USD 120,560.20 ISK
2,000 USD 241,120.40 ISK
5,000 USD 602,801.00 ISK
10,000 USD 1,205,602.00 ISK
50,000 USD 6,028,010.00 ISK
100,000 USD 12,056,020.00 ISK
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United States Dollar

Icelandic Krona

0.0083 USD 1 ISK
0.0415 USD 5 ISK
0.0830 USD 10 ISK
0.1659 USD 20 ISK
0.4148 USD 50 ISK
0.8295 USD 100 ISK
2.0738 USD 250 ISK
4.1475 USD 500 ISK
8.2950 USD 1,000 ISK
16.59 USD 2,000 ISK
41.48 USD 5,000 ISK
82.95 USD 10,000 ISK
414.75 USD 50,000 ISK
829.50 USD 100,000 ISK
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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 Apr 2019120.5602Latest
13 Apr 2019119.60001 Week+0.8%
21 Mar 2019118.07001 Month+2.11%
22 Oct 2018118.08986 Months+2.09%
20 Apr 2018100.29001 Year+20.21%
20 Apr 2017110.18002 Years+9.42%
21 Apr 2014112.03805 Years+7.61%
22 Apr 2009131.205910 Years-8.11%

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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Icelandic Krona (ISK) - Market news and forecasts

No recent Icelandic Krona market updates.