What Currency Does Iceland Use?
Facts last checked 9 October 2026.
Exchange rate (approximate):
1 USD ≈ 125.43 ISK
1 GBP ≈ 168.15 ISK
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
ISK converter
100 ISK ≈ 0.7973 USD
Icelandic króna conversion table
| Amount | USD → ISK | GBP → ISK | EUR → ISK |
|---|---|---|---|
| 1 | 125.43 | 168.15 | 143.27 |
| 5 | 627.15 | 840.75 | 716.33 |
| 10 | 1,254 | 1,682 | 1,433 |
| 20 | 2,509 | 3,363 | 2,865 |
| 50 | 6,272 | 8,408 | 7,163 |
| 100 | 12,543 | 16,815 | 14,327 |
| 500 | 62,715 | 84,075 | 71,633 |
| 1,000 | 125,430 | 168,151 | 143,267 |
| ISK | → USD | → GBP | → EUR |
|---|---|---|---|
| 1 | 0.008 | 0.0059 | 0.007 |
| 5 | 0.0399 | 0.0297 | 0.0349 |
| 10 | 0.0797 | 0.0595 | 0.0698 |
| 20 | 0.1595 | 0.1189 | 0.1396 |
| 50 | 0.3986 | 0.2974 | 0.349 |
| 100 | 0.7973 | 0.5947 | 0.698 |
| 500 | 3.9863 | 2.9735 | 3.49 |
| 1,000 | 7.9726 | 5.947 | 6.98 |
Indicative rates (July 2026). Banks and card providers add their own margin and fees, so the amount you actually receive will differ slightly.
Against the US dollar, 1 ISK is worth about 0.008 USD. Of the 141 currencies covered on this site, the Icelandic króna ranks 92nd by value per unit (1st = the most US dollars per unit). A high or low number says nothing about economic strength — it simply reflects how the currency is denominated.
Travel Money Card
Travelling to Iceland? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Icelandic króna spending.
What is money called in Iceland?
Money in Iceland is called the Icelandic króna — its ISO 4217 currency code is ISK, and its symbol is kr. The Icelandic króna is the official legal tender in Iceland and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Iceland currency or simply money in Iceland.
Is the Icelandic króna used anywhere else?
No — Iceland is the only country on this site using the Icelandic króna as its official currency.
Practical money tips for Iceland
Card payments are widely accepted in most cities, but it's still worth carrying some Icelandic króna in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Iceland in context
- Iceland covers 103,000 km², making it the 106th largest of the 196 countries on this site.
- Iceland has no land borders with other countries on this site.
- With 391,810 people, Iceland holds about 0.4% of the population of Northern Europe.
- Traffic drives on the right, and calendars start the week on Monday.
- Iceland is a member state of the United Nations.
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Iceland currency — FAQ
What is the currency of Iceland?
The currency of Iceland is the Icelandic króna (currency code: ISK, symbol: kr).
What is the currency code for Iceland?
The ISO 4217 currency code for the Icelandic króna is ISK.
What is the Icelandic króna symbol?
The symbol for the Icelandic króna is kr. You will see this on price tags and receipts throughout Iceland.
What currency is used in Iceland?
The official currency used in Iceland is the Icelandic króna (ISK).
Can I use US dollars in Iceland?
The official currency of Iceland is the Icelandic króna, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Icelandic króna and should exchange money before or on arrival.
What is the exchange rate for Iceland?
As of July 2026, approximately 1 USD = 125.43 ISK and 1 GBP = 168.15 ISK. Rates change daily — always check a live source before travelling or sending money.
What is money called in Iceland?
Money in Iceland is called the Icelandic króna (ISK).
Do other countries use the Icelandic króna?
No — Iceland is the only country on this site using the Icelandic króna as its official currency.
What is the Icelander currency?
The Icelander currency is the Icelandic króna (ISK), the official money of Iceland.
How much is 100 ISK in US dollars?
At the July 2026 indicative rate, 100 ISK is about 0.7973 USD or 0.5947 GBP. Use the converter above for other amounts.
How much is 100 US dollars in Icelandic króna?
At the July 2026 indicative rate, 100 USD is about 12,543 ISK.
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