What Currency Does Iceland Use?
Facts last checked 31 August 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.
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.
Planning to visit Iceland?
This site is a member of the CJ Affiliate and AWIN affiliate networks. We earn commission from qualifying purchases at no extra cost to you.
Rent a Car in Iceland — Book Now, Pay at Pickup
Compare car hire prices and reserve with no upfront payment via Carla.
Find Cheap Flights to Iceland with Ovago
Search hundreds of airlines for the best airfare.
Money essentials for Iceland
As an Amazon Associate we earn from qualifying purchases. We are also a member of the CJ Affiliate and AWIN affiliate networks. Links below are affiliate links.
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.
This page contains affiliate links. We may earn a small commission if you purchase through our links, at no extra cost to you. Learn more.
Last updated: