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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.
Canadian dollar (CAD) to Icelandic krona (ISK) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: The CAD/USD pair is currently at 14-day lows but just above its recent average, suggesting it is slightly weaker, but likely to move sideways.
CAD/EUR Outlook: The CAD/EUR rate is currently near its 3-month average and is likely to move sideways.
CAD/JPY Outlook: The CAD/JPY outlook is slightly positive, but likely to move sideways.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Icelandic krona across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
| CAD | ISK |
|---|---|
| C$ 1,000 | kr 88,890 |
| C$ 5,000 | kr 444,450 |
| C$ 20,000 | kr 1,777,800 |
| C$ 100,000 | kr 8,889,000 |
| CAD | ISK |
|---|---|
| C$ 11.25 | kr 1,000 |
| C$ 56.25 | kr 5,000 |
| C$ 225.00 | kr 20,000 |
| C$ 1,125 | kr 100,000 |
More amounts
*Converted at the current CAD-ISK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to ISK exchange rate is 88.36 from Wise. This is -0.6% compared to the mid-market rate 88.89.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Icelandic krona (ISK) rates from different sources before making a conversion.
The above Loonie 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 CAD-ISK mid-rate and the possible savings of using various providers.
Looking at the full CAD to ISK - Send Money comparison table the provider with the best CAD to ISK exchange rate is Wise at 88.36, -0.6% from the latest mid-market rate 88.89.
The next best is Western Union at 87.47, -1.6% from the mid-rate.
Among the banks the TD Bank rate is 83.11 at -6.5% and the Royal Bank of Canada rate is 82.93 at -6.7% compared to the mid-rate 88.89.
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:
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