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Understanding the Table:
The comparison table above helps you see the total cost of your Royal Bank of Canada 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’.
The average CAD rate margin offered by Royal Bank of Canada is 2.7%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Royal Bank of Canada that we monitor.
The tables below show the best and worst exchange rate margins offered by Royal Bank of Canada for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Canadian dollar (CAD) to Icelandic krona (ISK) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: The CAD is slightly positive, but likely to move sideways as it remains above its recent average and near the high end of its 3-month range.
CAD/EUR Outlook: Slightly positive, but likely to move sideways, as the rate is near its 90-day average and lacks a strong direction.
CAD/JPY Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
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 90,010 |
| C$ 5,000 | kr 450,050 |
| C$ 20,000 | kr 1,800,200 |
| C$ 100,000 | kr 9,001,000 |
| CAD | ISK |
|---|---|
| C$ 11.11 | kr 1,000 |
| C$ 55.55 | kr 5,000 |
| C$ 222.20 | kr 20,000 |
| C$ 1,111 | 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 Royal Bank of Canada CAD to ISK exchange rate is 83.98. This is -6.7% compared to the latest CAD-ISK mid-market rate 90.01.
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 Royal Bank of Canada - Loonie to Krona comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Canada 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 89.47, -0.6% from the latest mid-market rate 90.01.
The next best is Western Union at 88.57, -1.6% from the mid-rate.
Among the banks the TD Bank rate is 84.16 at -6.5% and the Royal Bank of Canada rate is 83.98 at -6.7% compared to the mid-rate 90.01.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Canada 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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