USD to ISK Exchange Rate - Convert US Dollar to Iceland Krona

Converting from US Dollar (USD) to Iceland Krona (ISK)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and one of the most commonly traded currencies in the world. It is often referred to as the "greenback" due to its distinctive green color. The dollar is subdivided into 100 smaller units called cents.

The USD serves as the world's primary reserve currency, meaning many countries hold it as part of their foreign exchange reserves. This status gives it a significant role in international trade and finance. The dollar is also the standard currency used in international markets for commodities, including oil and gold.

Exchange rates for the USD fluctuate based on various factors such as inflation rates, interest rates, and overall economic stability of the U.S. economy. For travelers and businesses involved in trade, understanding how to convert USD to other currencies is crucial for financial planning.

What is Iceland Krona (ISK)

The Iceland Krona (ISK) is the official currency of Iceland, a small island nation located in the North Atlantic Ocean. The krona is subdivided into 100 aurar. The symbol for the Icelandic krona is "kr". The currency was introduced in 1885, but it has undergone several changes, particularly following the economic crisis in Iceland in 2008.

ISK is less known on the international stage compared to major currencies like the USD, but it plays a critical role in Iceland's economy, influencing prices for goods and services within the country. Due to its limited circulation, the exchange rates for the Icelandic krona can be quite volatile, often leading to significant shifts against the US dollar.

When you need to convert from USD to ISK, it is important to check the latest exchange rates, as they can vary based on market conditions. Financial institutions will typically charge a fee or impose a less favorable rate for currency exchange, so it is wise to shop around for the best deal.

To convert dollars to krona, you can use a simple formula:

Amount in ISK = Amount in USD × Current exchange rate

For example, if the current exchange rate is 130 ISK for 1 USD, and you have $100:

Amount in ISK = 100 USD × 130 ISK/USD = 13000 ISK

This conversion emphasizes the importance of keeping updated with exchange rates, especially for travelers or businesses looking to transact in both currencies. Remember, the value of currencies can change frequently, so it's beneficial to be informed before making financial decisions.

US Dollar to Iceland Krona conversion table

USD to ISK conversion table

US Dollar (USD)Iceland Krona (ISK)
1 USD134.85687346056 ISK
2 USD269.71374692112 ISK
3 USD404.57062038168 ISK
4 USD539.42749384224 ISK
5 USD674.2843673028 ISK
6 USD809.14124076336 ISK
7 USD943.99811422392 ISK
8 USD1 078.85498768448 ISK
9 USD1 213.71186114504 ISK
10 USD1 348.5687346056 ISK
100 USD13 485.687346056 ISK
200 USD26 971.374692112 ISK
300 USD40 457.062038168 ISK
400 USD53 942.749384224 ISK
500 USD67 428.43673028 ISK
600 USD80 914.124076336 ISK
700 USD94 399.811422392 ISK
800 USD107 885.498768448 ISK
900 USD121 371.186114504 ISK
1 000 USD134 856.87346056 ISK
2 000 USD269 713.74692112 ISK
5 000 USD674 284.3673028 ISK
10 000 USD1 348 568.7346056 ISK
20 000 USD2 697 137.4692112 ISK
50 000 USD6 742 843.673028 ISK
100 000 USD13 485 687.346056 ISK
Last updated March 13, 2025 at 04:55 PM