The unit of currency is the Icelandic króna (ISK), plural krónur, divided into 100 aurar. Iceland's three banks, Íslandsbanki, Landsbanki Ísland and Búnaðarbanki, all offer foreign exchange facilities and can be found in even the tiniest villages. Most have ATMs on their premises, available after banking hours, which are usually Monday to Friday from 9.15am to 4pm. Credit cards are widely used in Iceland for purchases and cash advances, and travellers cheques are accepted by all banks and most hotels. Travellers cheques in US Dollars get the best exchange rate charges.
Currency Exchange Rates
|Iceland||ISK 100||ISK 1,000||ISK 10,000||ISK 100,000||ISK 1,000,000|
|Australia||A$ 0.93||A$ 9.32||A$ 93.21||A$ 932.08||A$ 9,320.80|
|Canada||C$ 0.94||C$ 9.45||C$ 94.47||C$ 944.73||C$ 9,447.28|
|Ireland||€ 0.65||€ 6.47||€ 64.70||€ 646.97||€ 6,469.72|
|New Zealand||NZ$ 1.02||NZ$ 10.20||NZ$ 102.02||NZ$ 1,020.19||NZ$ 10,201.85|
|South Africa||R 9.27||R 92.68||R 926.80||R 9,267.95||R 92,679.55|
|United Kingdom||£ 0.51||£ 5.13||£ 51.28||£ 512.78||£ 5,127.78|
|United States of America||US$ 0.87||US$ 8.66||US$ 86.63||US$ 866.33||US$ 8,663.26|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
Become our Iceland Travel Expert
We are looking for contributors for our Iceland travel guide. If you are a local, a regular traveller to Iceland or a travel professional with time to contribute and answer occasional forum questions, please contact us.
iExplore offers made-to-order, privately-guided adventure tours to Iceland and over 200 other world wonders. Come Back Different!