ZAR to ISK Exchange Rate - Convert South African Rand to Iceland Krona

Converting from South African Rand (ZAR) to Iceland Krona (ISK)

What is South African Rand (ZAR)

The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961, replacing the South African pound. The Rand is subdivided into 100 cents, with common denominations of coins being 1c, 2c, 5c, 10c, 20c, and larger coins of R1, R2, and R5. Banknotes are available in denominations of R10, R20, R50, R100, and R200.

The symbol for the Rand is "R," and it is recognized internationally by the currency code ZAR, derived from "Zuid-Afrikaanse Rand," which means "South African Rand" in Dutch. The Rand is influenced by various economic factors, including trade relations, inflation rates, and political stability, making it a variable currency in the global marketplace.

As one of the most traded currencies in Africa, the Rand plays a critical role in South Africa's economy, especially in financial markets and foreign investments. However, due to its dependence on commodity exports and global market fluctuations, the Rand can sometimes experience volatility in its value against other currencies.

What is Iceland Krona (ISK)

The Iceland Krona (ISK) is the official currency of Iceland and has been in circulation since 1885. The term "króna" translates to "crown" in English, reflecting its historical context linked to the Swedish currency system. The Krona is subdivided into 100 aurar, although aurar coins are no longer used in transactions.

The currency symbol for the Krona is "kr," and its international code is ISK. The Krona has experienced various phases throughout its history, including significant volatility during the financial crisis of 2008. Since then, the Icelandic economy has gradually stabilized, leading to increased confidence in the Krona.

In practice, Iceland uses banknotes in denominations of 500 kr, 1,000 kr, 2,000 kr, 5,000 kr, and 10,000 kr. Coins exist in denominations of 1 kr, 5 kr, 10 kr, 50 kr, and 100 kr. The Krona is influenced by domestic economic policies, inflation rates, and tourism, as Iceland is a popular travel destination.

When converting between ZAR and ISK, it is essential to stay updated with the latest exchange rates, as they fluctuate based on market conditions. This conversion can be significant for individuals traveling or conducting business between South Africa and Iceland.

In summary, understanding both the South African Rand and Iceland Krona is crucial for anyone looking to navigate financial transactions between these countries. Knowledge of each currency’s history and significance can help individuals make informed decisions in their financial dealings.

South African Rand to Iceland Krona conversion table

ZAR to ISK conversion table

South African Rand (ZAR)Iceland Krona (ISK)
1 ZAR6.96745019563 ISK
2 ZAR13.93490039125 ISK
3 ZAR20.90235058688 ISK
4 ZAR27.86980078251 ISK
5 ZAR34.83725097814 ISK
6 ZAR41.80470117376 ISK
7 ZAR48.77215136939 ISK
8 ZAR55.73960156502 ISK
9 ZAR62.70705176064 ISK
10 ZAR69.67450195627 ISK
100 ZAR696.7450195627 ISK
200 ZAR1 393.49003912541 ISK
300 ZAR2 090.23505868811 ISK
400 ZAR2 786.98007825082 ISK
500 ZAR3 483.72509781352 ISK
600 ZAR4 180.47011737623 ISK
700 ZAR4 877.21513693893 ISK
800 ZAR5 573.96015650164 ISK
900 ZAR6 270.70517606434 ISK
1 000 ZAR6 967.45019562705 ISK
2 000 ZAR13 934.9003912541 ISK
5 000 ZAR34 837.25097813524 ISK
10 000 ZAR69 674.50195627048 ISK
20 000 ZAR139 349.00391254096 ISK
50 000 ZAR348 372.50978135241 ISK
100 000 ZAR696 745.01956270482 ISK
Last updated June 13, 2025 at 11:59 PM